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

AMETEK (NYSE:AME) had its target price raised by Mizuho from $225.00 to $230.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the technology company’s stock. Mizuho’s price target points to a potential upside of 10.01% from the company’s current price.

AME has been the topic of a number of other reports. Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a research note on Wednesday, October 8th. Barclays boosted their price objective on AMETEK from $200.00 to $205.00 and gave the stock an “equal weight” rating in a research note on Friday, October 31st. DA Davidson raised their target price on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, December 8th. Robert W. Baird boosted their price target on shares of AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Finally, Wall Street Zen upgraded shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $217.00.

AMETEK Stock Up 1.8%

NYSE AME opened at $209.08 on Monday. The business has a fifty day moving average price of $198.84 and a 200 day moving average price of $189.05. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. The company has a market cap of $48.13 billion, a P/E ratio of 32.98, a P/E/G ratio of 2.75 and a beta of 1.04. AMETEK has a one year low of $145.02 and a one year high of $210.14.

AMETEK (NYSE:AME) last released its earnings results on Thursday, October 30th. The technology company reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.13. The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.81 billion. AMETEK had a net margin of 20.50% and a return on equity of 16.66%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.66 earnings per share. AMETEK has set its Q4 2025 guidance at 1.900-1.950 EPS and its FY 2025 guidance at 7.320-7.370 EPS. Research analysts anticipate that AMETEK will post 7.15 EPS for the current fiscal year.

Insider Activity at AMETEK

In related news, CEO David A. Zapico sold 28,390 shares of AMETEK stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.76, for a total value of $5,727,966.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Thomas M. Montgomery sold 6,388 shares of the company’s stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $205.05, for a total value of $1,309,859.40. Following the transaction, the vice president owned 22,116 shares in the company, valued at $4,534,885.80. This trade represents a 22.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 163,378 shares of company stock valued at $32,471,654 in the last ninety days. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On AMETEK

Hedge funds have recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in AMETEK in the 2nd quarter valued at about $25,000. ST Germain D J Co. Inc. boosted its stake in shares of AMETEK by 628.6% in the second quarter. ST Germain D J Co. Inc. now owns 153 shares of the technology company’s stock valued at $28,000 after purchasing an additional 132 shares during the period. NewSquare Capital LLC grew its holdings in shares of AMETEK by 129.7% in the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock valued at $31,000 after purchasing an additional 96 shares in the last quarter. TruNorth Capital Management LLC purchased a new stake in AMETEK during the 3rd quarter worth approximately $31,000. Finally, SouthState Corp lifted its holdings in AMETEK by 47.4% during the 2nd quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 87.43% of the company’s stock.

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.