Analysts Set AMETEK, Inc. (NYSE:AME) Target Price at $255.57

Shares of AMETEK, Inc. (NYSE:AME) have been given a consensus recommendation of “Moderate Buy” by the fifteen ratings firms that are presently covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $256.2857.

A number of equities analysts recently issued reports on AME shares. Robert W. Baird set a $244.00 price objective on shares of AMETEK in a report on Friday, May 1st. DA Davidson reaffirmed a “buy” rating and set a $265.00 target price on shares of AMETEK in a report on Monday, May 4th. Morgan Stanley lifted their price target on shares of AMETEK from $235.00 to $245.00 and gave the stock an “equal weight” rating in a research note on Friday. Weiss Ratings raised shares of AMETEK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, June 29th. Finally, Barclays upped their price objective on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th.

AMETEK Stock Up 0.4%

NYSE:AME traded up $0.86 during trading hours on Friday, reaching $233.85. 639,696 shares of the company traded hands, compared to its average volume of 1,119,131. AMETEK has a 1 year low of $174.43 and a 1 year high of $244.71. The business’s 50-day moving average price is $231.21 and its two-hundred day moving average price is $225.46. The stock has a market capitalization of $53.60 billion, a P/E ratio of 35.32, a P/E/G ratio of 3.28 and a beta of 0.99. The company has a current ratio of 1.14, a quick ratio of 0.72 and a debt-to-equity ratio of 0.10.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, beating the consensus estimate of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. During the same period last year, the business posted $1.75 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Analysts predict that AMETEK will post 8.14 earnings per share for the current year.

AMETEK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is currently 20.54%.

Institutional Investors Weigh In On AMETEK

Institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank purchased a new stake in AMETEK during the fourth quarter valued at $831,372,000. Wellington Management Group LLP increased its holdings in shares of AMETEK by 302.9% in the 4th quarter. Wellington Management Group LLP now owns 2,807,664 shares of the technology company’s stock worth $576,441,000 after buying an additional 2,110,818 shares during the last quarter. Balyasny Asset Management L.P. increased its holdings in shares of AMETEK by 539.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,070,555 shares of the technology company’s stock worth $219,796,000 after buying an additional 903,061 shares during the last quarter. Nordea Investment Management AB raised its position in shares of AMETEK by 825.0% during the 4th quarter. Nordea Investment Management AB now owns 852,585 shares of the technology company’s stock valued at $176,153,000 after buying an additional 760,410 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in shares of AMETEK by 35.7% in the 3rd quarter. Lazard Asset Management LLC now owns 2,645,977 shares of the technology company’s stock valued at $497,444,000 after acquiring an additional 695,419 shares during the last quarter. Institutional investors 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.