AMETEK (NYSE:AME) Reaches New 1-Year High Following Analyst Upgrade

AMETEK, Inc. (NYSE:AME) shares hit a new 52-week high on Monday after Mizuho raised their price target on the stock from $225.00 to $230.00. Mizuho currently has an outperform rating on the stock. AMETEK traded as high as $211.00 and last traded at $211.9310, with a volume of 168284 shares changing hands. The stock had previously closed at $209.14.

Several other analysts have also commented on AME. DA Davidson increased their price target on shares of AMETEK from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, December 8th. Truist Financial increased their price objective on AMETEK from $219.00 to $229.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. Barclays increased their price target on AMETEK from $200.00 to $205.00 and gave the company an “equal weight” rating in a research note on Friday, October 31st. Wall Street Zen raised shares of AMETEK from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Robert W. Baird boosted their target price on shares of AMETEK from $198.00 to $204.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, AMETEK presently has a consensus rating of “Moderate Buy” and an average price target of $217.00.

Insider Buying and Selling at AMETEK

In related news, insider Ronald J. Oscher sold 26,290 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the transaction, the insider directly owned 40,226 shares in the company, valued at $8,047,211.30. The trade was a 39.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Thomas M. Montgomery sold 6,388 shares of the stock in a transaction dated 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 sale, the vice president directly owned 22,116 shares in the company, valued at $4,534,885.80. This represents a 22.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 163,378 shares of company stock worth $32,471,654. 0.57% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AME. Darwin Wealth Management LLC purchased a new stake in shares of AMETEK during the 2nd quarter worth about $25,000. ST Germain D J Co. Inc. lifted its position 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 acquiring an additional 132 shares in the last quarter. NewSquare Capital LLC grew its holdings in shares of AMETEK by 129.7% during the second quarter. NewSquare Capital LLC now owns 170 shares of the technology company’s stock worth $31,000 after buying an additional 96 shares in the last quarter. TruNorth Capital Management LLC acquired a new position in shares of AMETEK during the 3rd quarter worth approximately $31,000. Finally, SouthState Corp increased its position in AMETEK by 47.4% during the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock worth $37,000 after purchasing an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK Stock Up 1.5%

The company has a quick ratio of 0.72, a current ratio of 1.16 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $48.87 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 2.75 and a beta of 1.04. The firm has a 50-day moving average of $198.84 and a two-hundred day moving average of $189.05.

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

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Friday, December 5th were paid a dividend of $0.31 per share. The ex-dividend date was Friday, December 5th. This represents a $1.24 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio is 19.56%.

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.