DA Davidson Increases AMETEK (NYSE:AME) Price Target to $285.00

AMETEK (NYSE:AME) had its price objective raised by equities researchers at DA Davidson from $265.00 to $285.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. DA Davidson’s price target indicates a potential upside of 11.90% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. KeyCorp increased their price target on shares of AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research note on Wednesday. Morgan Stanley lifted their price objective on shares of AMETEK from $235.00 to $245.00 and gave the company an “equal weight” rating in a research note on Friday, July 10th. Barclays upped their target price on shares of AMETEK from $220.00 to $230.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Finally, Truist Financial increased their target price on shares of AMETEK from $275.00 to $303.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $265.93.

AMETEK Stock Performance

Shares of NYSE AME traded up $0.64 during trading hours on Wednesday, reaching $254.69. The stock had a trading volume of 1,274,888 shares, compared to its average volume of 1,286,609. The firm has a market cap of $58.37 billion, a price-to-earnings ratio of 38.47, a PEG ratio of 3.41 and a beta of 0.98. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10. AMETEK has a fifty-two week low of $179.24 and a fifty-two week high of $257.95. The firm has a 50-day moving average of $234.45 and a 200-day moving average of $229.18.

AMETEK (NYSE:AME) last released its quarterly earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, topping the consensus estimate of $1.99 by $0.10. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter in the previous year, the company posted $1.78 earnings per share. The firm’s revenue was up 15.0% compared to the same quarter last year. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities research analysts predict that AMETEK will post 8.14 earnings per share for the current year.

Hedge Funds Weigh In On AMETEK

Institutional investors have recently bought and sold shares of the company. Bridgewater Advisors Inc. acquired a new stake in shares of AMETEK in the 2nd quarter worth $246,000. USA Financial Formulas increased its stake in shares of AMETEK by 153.4% during the first quarter. USA Financial Formulas now owns 3,140 shares of the technology company’s stock worth $673,000 after acquiring an additional 1,901 shares during the period. Bryn Mawr Trust Advisors LLC acquired a new position in shares of AMETEK during the second quarter worth about $201,000. Cornerstone Capital Inc. purchased a new position in AMETEK during the second quarter worth about $32,355,000. Finally, Tema ETFs LLC lifted its position in AMETEK by 8.0% in the second quarter. Tema ETFs LLC now owns 3,908 shares of the technology company’s stock valued at $946,000 after purchasing an additional 290 shares during the period. 87.43% of the stock is owned by institutional investors and hedge funds.

AMETEK News Roundup

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. AMETEK reported adjusted earnings of $2.09 per share versus the $1.99 consensus, while revenue rose 15% year over year to $2.04 billion, ahead of the $1.95 billion estimate. EPS increased from $1.78 a year earlier, indicating continued operating momentum. Ametek Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its 2026 outlook. Full-year EPS guidance was set at $8.20-$8.30, above the $8.14 analyst consensus, while third-quarter guidance of $2.08-$2.10 also exceeds expectations of $2.04. The higher outlook reflects stronger sales in the Electronic Instruments Group and Electromechanical Group. AMETEK Announces Record Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: BNP Paribas Exane raised its price target. The firm increased its target from $270 to $280 and assigned an “outperform” rating, implying roughly 10% potential upside from the referenced share price. The action reinforces positive analyst sentiment following the earnings beat.
• Positive Sentiment: Product and acquisition activity support longer-term growth. AMETEK introduced its Grabner Vision Pro fuel-analysis product series, while coverage highlighted multi-segment demand and strategic acquisitions as additional growth catalysts. AMETEK Introduces Grabner Vision Pro Series
• Neutral Sentiment: Despite the favorable outlook, AMETEK trades at a relatively elevated valuation, with a price-to-earnings ratio near 38 and a PEG ratio above 3. Investors may therefore expect continued earnings execution to support further gains.

About AMETEK

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.