AMETEK (NYSE:AME) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen cut shares of AMETEK (NYSE:AME) from a buy rating to a hold rating in a research note published on Saturday morning.

A number of other analysts have also weighed in on AME. Robert W. Baird set a $245.00 price objective on AMETEK in a research report on Thursday, February 5th. Barclays lifted their price objective on AMETEK from $210.00 to $220.00 and gave the company an “equal weight” rating in a report on Wednesday, February 4th. DA Davidson reiterated a “buy” rating and issued a $240.00 price objective on shares of AMETEK in a research report on Wednesday, February 4th. KeyCorp boosted their price objective on shares of AMETEK from $235.00 to $260.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Finally, Morgan Stanley increased their target price on AMETEK from $198.00 to $215.00 and gave the stock an “equal weight” rating in a research report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $243.00.

AMETEK Price Performance

Shares of AME opened at $229.76 on Friday. AMETEK has a twelve month low of $145.02 and a twelve month high of $239.94. The company has a 50 day moving average of $214.39 and a two-hundred day moving average of $197.62. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. The company has a market cap of $52.89 billion, a price-to-earnings ratio of 35.90, a price-to-earnings-growth ratio of 3.28 and a beta of 1.03.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.07. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The firm had revenue of $2 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period in the previous year, the company earned $1.87 earnings per share. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. AMETEK has set its Q1 2026 guidance at 1.850-1.900 EPS and its FY 2026 guidance at 7.870-8.070 EPS. As a group, analysts predict that AMETEK will post 7.15 earnings per share for the current fiscal year.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a $0.34 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from AMETEK’s previous quarterly dividend of $0.31. AMETEK’s dividend payout ratio is 19.38%.

Insider Buying and Selling

In related news, VP Thomas M. Montgomery sold 6,388 shares of AMETEK stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $205.05, for a total transaction of $1,309,859.40. Following the completion of the transaction, the vice president directly owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This trade represents a 22.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO David A. Zapico sold 88,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $196.39, for a total transaction of $17,282,320.00. Following the transaction, the chief executive officer directly owned 348,955 shares of the company’s stock, valued at $68,531,272.45. This represents a 20.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 137,088 shares of company stock valued at $27,212,340 over the last ninety days. 0.57% of the stock is owned by company insiders.

Institutional Trading of AMETEK

Several large investors have recently made changes to their positions in AME. CoreCap Advisors LLC boosted its holdings in AMETEK by 84.3% during the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company’s stock worth $26,000 after acquiring an additional 59 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in AMETEK during the second quarter worth about $25,000. BOKF NA boosted its stake in AMETEK by 137.7% in the fourth quarter. BOKF NA now owns 145 shares of the technology company’s stock valued at $30,000 after acquiring an additional 84 shares during the last quarter. Transamerica Financial Advisors LLC lifted its stake in AMETEK by 73.9% in the fourth quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock valued at $31,000 after purchasing an additional 65 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of AMETEK during the 4th quarter worth $32,000. 87.43% of the stock is currently owned by institutional investors and hedge funds.

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.