AMETEK (NYSE:AME) Price Target Raised to $280.00

AMETEK (NYSE:AME) had its price objective lifted by Robert W. Baird from $275.00 to $280.00 in a research report report published on Monday morning,Benzinga reports. The firm currently has a neutral rating on the technology company’s stock.

Other research analysts have also recently issued research reports about the stock. DA Davidson boosted their price target on shares of AMETEK from $265.00 to $285.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. BNP Paribas Exane raised their price target on AMETEK from $280.00 to $290.00 and gave the stock an “outperform” rating in a research report on Friday, September 11th. Vertical Research assumed coverage on shares of AMETEK in a research note on Tuesday, September 8th. They set a “buy” rating and a $255.00 price target on the stock. 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 report on Wednesday, August 5th. Finally, Citigroup raised their price objective on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and a consensus target price of $267.00.

AMETEK Stock Performance

AME opened at $248.38 on Monday. AMETEK has a twelve month low of $179.24 and a twelve month high of $261.16. The firm has a market capitalization of $56.93 billion, a PE ratio of 36.31, a PEG ratio of 2.40 and a beta of 0.96. The company has a current ratio of 1.21, a quick ratio of 0.76 and a debt-to-equity ratio of 0.09. The firm’s 50-day moving average price is $244.55 and its 200 day moving average price is $235.13.

AMETEK (NYSE:AME) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.99 by $0.10. The company had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.95 billion. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. AMETEK’s quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, sell-side analysts expect that AMETEK will post 8.42 EPS for the current fiscal year.

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is currently 19.88%.

Insider Activity at AMETEK

In other AMETEK news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the transaction, the insider owned 42,509 shares of the company’s stock, valued at $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.54% of the company’s stock.

Institutional Trading of AMETEK

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in AMETEK in the second quarter valued at about $4,725,928,000. Flossbach Von Storch SE purchased a new stake in shares of AMETEK during the 2nd quarter worth approximately $662,352,000. Bank of New York Mellon Corp acquired a new stake in shares of AMETEK in the 2nd quarter worth approximately $624,725,000. Bank of America Corp DE acquired a new position in AMETEK during the second quarter worth $391,801,000. Finally, Man Group plc purchased a new stake in AMETEK during the second quarter worth $356,499,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

About AMETEK

AMETEK, Inc (NYSE: AME) is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK’s Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.