Morgan Stanley Issues Positive Forecast for AMETEK (NYSE:AME) Stock Price

AMETEK (NYSE:AMEGet Free Report) had its price target increased by analysts at Morgan Stanley from $235.00 to $245.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the technology company’s stock. Morgan Stanley’s price target would suggest a potential upside of 4.81% from the stock’s current price.

AME has been the subject of several other research reports. Truist Financial increased their price target on AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Weiss Ratings upgraded AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 29th. Wall Street Zen downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. BMO Capital Markets began coverage on shares of AMETEK in a research report on Friday, March 27th. They set an “outperform” rating and a $253.00 target price for the company. Finally, Barclays lifted their target price on shares of AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and a consensus target price of $256.29.

Get Our Latest Stock Analysis on AMETEK

AMETEK Trading Up 0.3%

NYSE:AME opened at $233.75 on Friday. AMETEK has a 12 month low of $174.43 and a 12 month high of $244.71. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. The firm’s 50 day moving average is $231.09 and its 200 day moving average is $225.40. The stock has a market capitalization of $53.58 billion, a PE ratio of 35.32, a price-to-earnings-growth ratio of 3.25 and a beta of 0.99.

AMETEK (NYSE:AMEGet Free Report) last announced its quarterly earnings data 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 business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same period in the prior year, the company earned $1.75 earnings per share. AMETEK’s revenue 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. Sell-side analysts expect that AMETEK will post 8.13 earnings per share for the current year.

Hedge Funds Weigh In On AMETEK

Several hedge funds have recently bought and sold shares of the company. Darwin Wealth Management LLC bought a new stake in AMETEK during the 2nd quarter worth approximately $25,000. CoreCap Advisors LLC increased its holdings in shares of AMETEK by 84.3% in the fourth 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 period. MV Capital Management Inc. purchased a new stake in shares of AMETEK in the fourth quarter worth $28,000. Brown Lisle Cummings Inc. raised its position in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company’s stock worth $29,000 after buying an additional 123 shares in the last quarter. Finally, BOKF NA boosted its stake in AMETEK by 137.7% during the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after buying an additional 84 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for AMETEK (NYSE:AME)

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