AMETEK (NYSE:AME) Hits New 12-Month High – Still a Buy?

AMETEK, Inc. (NYSE:AMEGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $205.09 and last traded at $205.4750, with a volume of 134749 shares. The stock had previously closed at $203.29.

AMETEK News Summary

Here are the key news stories impacting AMETEK this week:

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AMETEK in a research report on Wednesday, October 8th. Robert W. Baird lifted their target price on AMETEK from $198.00 to $204.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Cowen upgraded AMETEK from a “sell” rating to a “buy” rating in a research note on Tuesday. Truist Financial boosted their price target on AMETEK from $219.00 to $229.00 and gave the stock a “buy” rating in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a 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. Based on data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $216.55.

Read Our Latest Report on AMETEK

AMETEK Stock Performance

The company has a market capitalization of $47.95 billion, a price-to-earnings ratio of 32.85, a PEG ratio of 2.93 and a beta of 1.04. The stock has a 50-day moving average price of $195.49 and a 200-day moving average price of $187.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.16 and a quick ratio of 0.72.

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

AMETEK Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.31 dividend. 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%.

Insider Activity at AMETEK

In related news, insider Ronald J. Oscher sold 26,290 shares of AMETEK stock in a transaction that occurred on Friday, October 31st. The stock was sold at an average price of $200.05, for a total transaction of $5,259,314.50. Following the completion of the sale, the insider directly owned 40,226 shares of the company’s stock, valued at approximately $8,047,211.30. This trade represents a 39.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Thomas M. Montgomery sold 6,388 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $205.05, for a total value of $1,309,859.40. Following the completion of the sale, the vice president owned 22,116 shares of the company’s stock, valued at $4,534,885.80. This trade represents a 22.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 163,378 shares of company stock valued at $32,471,654 in the last 90 days. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On AMETEK

Several institutional investors and hedge funds have recently modified their holdings of AME. Darwin Wealth Management LLC bought a new position in AMETEK during the 2nd quarter worth $25,000. Bares Capital Management Inc. bought a new position in shares of AMETEK in the first quarter worth $26,000. ST Germain D J Co. Inc. increased 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 worth $28,000 after purchasing an additional 132 shares during the period. TruNorth Capital Management LLC acquired a new position in AMETEK in the third quarter valued at about $31,000. Finally, NewSquare Capital LLC lifted its position in 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 purchasing an additional 96 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Company Profile

(Get Free Report)

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.

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