AMETEK (NYSE:AME) Posts Earnings Results, Beats Estimates By $0.07 EPS

AMETEK (NYSE:AME) released its quarterly earnings data on Thursday. The technology company reported $1.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.07, Zacks reports. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter in the prior year, the firm earned $1.75 EPS. The business’s revenue was up 11.3% on a year-over-year basis. AMETEK updated its FY 2026 guidance to 7.940-8.140 EPS and its Q2 2026 guidance to 1.960-2.000 EPS.

Here are the key takeaways from AMETEK’s conference call:

• AMETEK delivered an excellent Q1 — sales $1.93B (+11%), diluted EPS $1.97 (+13%), record EBITDA $620M, core operating margins up 160 bps, and free cash flow conversion of 107%.
• Orders were a standout with a record $2.2B (organic +22%) and a record backlog of $3.87 billion, driven broadly by defense, aerospace, automation, process, power, and semiconductor end markets.
• Management raised full‑year guidance: sales now expected up high single‑digits with organic mid‑single‑digit growth, and diluted EPS increased to $7.94–$8.14 (Q2 EPS guide $1.96–$2.00).
• AMETEK remains acquisition‑focused, signing to buy First Aviation Services (~$80M revenue) to expand defense MRO capabilities and asserting capacity to deploy over $5 billion while keeping an investment‑grade rating.
• Management flagged geopolitical uncertainty from the Middle East — direct exposure is small (~2% of sales) but there were some shipment disruptions and potential macro/energy spillover risks being monitored.

AMETEK Stock Performance

Shares of AMETEK stock traded down $5.50 during mid-day trading on Friday, hitting $230.00. 1,989,271 shares of the stock were exchanged, compared to its average volume of 1,103,979. AMETEK has a 12 month low of $167.75 and a 12 month high of $242.05. The company has a 50-day simple moving average of $225.56 and a 200 day simple moving average of $212.81. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.14. The company has a market capitalization of $52.68 billion, a P/E ratio of 35.94, a P/E/G ratio of 3.39 and a beta of 1.03.

AMETEK Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were given a dividend of $0.34 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.36 annualized dividend and a dividend yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s payout ratio is 21.25%.

Analyst Ratings Changes

A number of brokerages recently issued reports on AME. Morgan Stanley increased their target price on AMETEK from $215.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, March 12th. Oppenheimer cut shares of AMETEK from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 27th. Barclays raised their price target on shares of AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Deutsche Bank Aktiengesellschaft began coverage on AMETEK in a research note on Wednesday, January 21st. They set a “buy” rating and a $271.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $248.58.

Key Stories Impacting AMETEK

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Company reported record Q1 results with EPS of $1.97 and revenue of $1.93B, beating estimates and showing double‑digit revenue growth — evidence of continued demand across segments. AMETEK Announces Record First Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Royal Bank of Canada raised its price target to $260 and keeps an “outperform” rating, signaling analyst confidence and implying meaningful upside from current levels. Benzinga
• Positive Sentiment: AMETEK agreed to acquire First Aviation Services, adding defense/aviation MRO capability and proprietary components that can support margin and aftermarket growth in a mission‑critical vertical. AMETEK Announces Agreement to Acquire First Aviation Services
• Positive Sentiment: Management reiterated FY 2026 EPS guidance ( $7.94–$8.14 ) and raised its organic sales outlook to mid‑single digits, indicating confidence in underlying demand even as margins and currency/headwinds are monitored. Ametek forecasts 2026 EPS of $7.94 to $8.14 while raising organic sales outlook to mid-single digits
• Neutral Sentiment: Full earnings materials and the call transcript are available for detail on segment trends and backlog; these documents will matter for modeling but don’t change the headline beat. AMETEK, Inc. (AME) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Market commentary highlights AMETEK’s momentum in the NYSE landscape and investor interest, but these pieces are descriptive rather than news catalysts. AMETEK Momentum Builds Strength In NYSE Composite Landscape
• Negative Sentiment: Although management raised its outlook, the FY EPS range sits slightly below some sell‑side consensus (and Q2 guidance is roughly in line/slightly under estimates), which can prompt profit‑taking given AME’s premium multiple. AMETEK Q1 Earnings Surpass Expectations, Revenues Rise Y/Y
• Negative Sentiment: Reports that AMETEK is in talks for a multibillion‑dollar acquisition (CD&R‑owned assets) add uncertainty around deal size, timing and financing—a potential headwind to near‑term sentiment. Main Line company explores multibillion-dollar acquisition, report says

Insider Activity at AMETEK

In other AMETEK news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $216.78, for a total transaction of $114,893.40. Following the transaction, the director owned 4,480 shares of the company’s stock, valued at $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On AMETEK

Hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP raised its holdings in shares of AMETEK by 302.9% in the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after purchasing an additional 2,110,818 shares during the period. Lazard Asset Management LLC raised its stake in AMETEK by 35.7% in the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after acquiring an additional 695,419 shares during the period. Man Group plc raised its stake in AMETEK by 411.8% in the 3rd quarter. Man Group plc now owns 785,020 shares of the technology company’s stock valued at $147,584,000 after acquiring an additional 631,649 shares during the period. AQR Capital Management LLC raised its stake in AMETEK by 343.5% in the 2nd quarter. AQR Capital Management LLC now owns 656,112 shares of the technology company’s stock valued at $118,349,000 after acquiring an additional 508,164 shares during the period. Finally, Millennium Management LLC raised its stake in AMETEK by 109.3% in the 3rd quarter. Millennium Management LLC now owns 845,346 shares of the technology company’s stock valued at $158,925,000 after acquiring an additional 441,365 shares during the period. 87.43% of the stock is currently owned by institutional investors.

AMETEK Company Profile

AMETEK, Inc is a global manufacturer of electronic instruments and electromechanical devices that serves a broad range of industries. Headquartered in Berwyn, Pennsylvania, the company designs and produces precision instruments, electronic measurement devices, specialty sensors, and electric motors and motion control systems. Its product portfolio includes analytical and monitoring instruments, calibration equipment, power supplies, embedded electronics, and industrial motors and drives used for critical applications.

The company operates through two primary business platforms — an electronic instruments group focused on analytical, test and measurement and sensor products, and an electromechanical group that supplies motors, actuators, and related power and motion solutions.