DA Davidson Reiterates “Buy” Rating for AMETEK (NYSE:AME)

AMETEK (NYSE:AME)‘s stock had its “buy” rating reaffirmed by equities research analysts at DA Davidson in a research report issued on Monday,Benzinga reports. They currently have a $265.00 target price on the technology company’s stock. DA Davidson’s price target suggests a potential upside of 15.50% from the stock’s previous close.

Several other equities research analysts have also recently issued reports on the company. BMO Capital Markets began coverage on AMETEK in a report on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective on the stock. Barclays lifted their price objective on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday. Mizuho set a $270.00 price objective on AMETEK in a report on Friday. Oppenheimer cut AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Finally, TD Cowen reiterated a “buy” rating on shares of AMETEK in a report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $251.50.

AMETEK Price Performance

Shares of AMETEK stock traded down $1.05 on Monday, hitting $229.44. The company’s stock had a trading volume of 218,298 shares, compared to its average volume of 1,333,895. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. AMETEK has a 1 year low of $167.75 and a 1 year high of $242.05. The firm has a fifty day moving average price of $225.56 and a 200-day moving average price of $213.21. The company has a market capitalization of $52.56 billion, a price-to-earnings ratio of 34.67, a price-to-earnings-growth ratio of 3.30 and a beta of 1.03.

AMETEK (NYSE:AME) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the previous year, the business earned $1.75 EPS. AMETEK’s revenue for the quarter was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. As a group, sell-side analysts anticipate that AMETEK will post 8.06 earnings per share for the current fiscal year.

Insider Buying and Selling at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the transaction, the director directly owned 4,480 shares in the company, valued at $971,174.40. The trade was a 10.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. CoreCap Advisors LLC boosted its holdings in shares of AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after purchasing an additional 59 shares during the last quarter. MV Capital Management Inc. acquired a new position in shares of AMETEK during the 4th quarter worth approximately $28,000. Brown Lisle Cummings Inc. boosted its holdings in shares of AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after purchasing an additional 123 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of AMETEK during the 2nd quarter worth approximately $25,000. Finally, SJS Investment Consulting Inc. boosted its holdings in shares of AMETEK by 393.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company’s stock worth $31,000 after purchasing an additional 114 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

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.