AMETEK (NYSE:AME) Raised to “Strong-Buy” at Melius Research

AMETEK (NYSE:AME) was upgraded by research analysts at Melius Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Several other research analysts have also recently weighed in on AME. DA Davidson increased their price objective on AMETEK from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, December 8th. TD Cowen upgraded shares of AMETEK from a “hold” rating to a “buy” rating and raised their target price for the company from $180.00 to $230.00 in a research report on Tuesday, December 23rd. Royal Bank Of Canada raised their price objective on AMETEK from $212.00 to $229.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Melius upgraded shares of AMETEK from a “hold” rating to a “buy” rating and set a $235.00 target price on the stock in a research report on Monday. Finally, KeyCorp reaffirmed an “overweight” rating on shares of AMETEK in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $222.08.

AMETEK Price Performance

Shares of AME stock opened at $211.31 on Monday. The firm’s 50 day moving average price is $199.33 and its two-hundred day moving average price is $189.28. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.72 and a current ratio of 1.16. AMETEK has a 52-week low of $145.02 and a 52-week high of $212.64. The stock has a market cap of $48.64 billion, a PE ratio of 33.33, a PEG ratio of 2.75 and a beta of 1.04.

AMETEK (NYSE:AME) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.89 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 analysts’ expectations of $1.81 billion. AMETEK had a return on equity of 16.66% and a net margin of 20.50%.The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous 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. As a group, analysts forecast that AMETEK will post 7.15 EPS for the current year.

Insider Buying and Selling

In related news, insider Thomas C. Marecic sold 14,310 shares of the firm’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $202.11, for a total transaction of $2,892,194.10. Following the sale, the insider directly owned 42,589 shares of the company’s stock, valued at $8,607,662.79. This trade represents a 25.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO David A. Zapico sold 28,390 shares of the business’s 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 163,378 shares of company stock valued at $32,471,654 over the last quarter. 0.57% of the stock is currently owned by company insiders.

Institutional Trading of AMETEK

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of AMETEK in the second quarter worth about $25,000. ST Germain D J Co. Inc. raised its holdings in AMETEK by 628.6% in the 2nd 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. NewSquare Capital LLC raised its holdings in AMETEK by 129.7% in the 2nd 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. TruNorth Capital Management LLC purchased a new position in AMETEK during the third quarter worth approximately $31,000. Finally, SouthState Corp grew its holdings in AMETEK by 47.4% in the second quarter. SouthState Corp now owns 202 shares of the technology company’s stock valued at $37,000 after purchasing an additional 65 shares during the period. Institutional investors and hedge funds own 87.43% of the company’s stock.

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.