AMETEK (NYSE:AME) Research Coverage Started at Vertical Research

Vertical Research began coverage on shares of AMETEK (NYSE:AME) in a report published on Tuesday morning, MarketBeat reports. The firm issued a buy rating and a $255.00 target price on the technology company’s stock.

Other equities analysts have also recently issued reports about the company. KeyCorp increased their price target on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn set a $265.00 price objective on shares of AMETEK in a research note on Thursday, June 18th. Citigroup boosted their target price on shares of AMETEK from $257.00 to $261.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Seaport Research Partners reissued a “buy” rating and set a $290.00 target price on shares of AMETEK in a research note on Wednesday, August 5th. Finally, Robert W. Baird set a $275.00 price target on shares of AMETEK in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $266.06.

AMETEK Stock Down 0.8%

Shares of NYSE:AME opened at $234.39 on Tuesday. The company has a market capitalization of $53.72 billion, a price-to-earnings ratio of 34.27, a P/E/G ratio of 3.02 and a beta of 0.99. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.21 and a quick ratio of 0.76. The business’s 50-day moving average is $241.27 and its 200-day moving average is $232.61. AMETEK has a 1 year low of $179.24 and a 1 year high of $261.16.

AMETEK (NYSE:AME) last announced its earnings results on Tuesday, August 4th. The technology company reported $2.09 EPS for the quarter, beating the consensus estimate of $1.99 by $0.10. The company had revenue of $2.04 billion for the quarter, compared to analyst estimates of $1.95 billion. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.78 EPS. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. Equities research analysts predict that AMETEK will post 8.32 earnings per share for the current year.

AMETEK Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 15th. AMETEK’s dividend payout ratio (DPR) is 19.88%.

Insider Activity at AMETEK

In other news, insider David Hermance sold 6,608 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $254.00, for a total transaction of $1,678,432.00. Following the completion of the sale, the insider owned 42,509 shares in the company, valued at $10,797,286. The trade was a 13.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On AMETEK

A number of large investors have recently modified their holdings of the company. California State Teachers Retirement System lifted its stake in shares of AMETEK by 22,187.0% in the second quarter. California State Teachers Retirement System now owns 86,405,968 shares of the technology company’s stock valued at $20,905,060,000 after buying an additional 86,018,272 shares in the last quarter. BlackRock Inc. acquired a new position in shares of AMETEK during the second quarter valued at about $4,725,928,000. Norges Bank bought a new stake in shares of AMETEK during the fourth quarter worth about $831,372,000. Flossbach Von Storch SE bought a new stake in shares of AMETEK during the second quarter worth about $662,352,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of AMETEK in the 2nd quarter worth about $624,725,000. 87.43% of the stock is currently owned by institutional investors.

About AMETEK

AMETEK, Inc (NYSE: AME) is a diversified manufacturer of industrial technology products and solutions. The company develops equipment used to monitor, measure, test, control and analyze processes across a range of industrial and commercial applications.

AMETEK operates through two primary business groups: Electronic Instruments, which provides analytical, monitoring, testing and measurement equipment; and Electromechanical, which supplies automation systems, motors, power systems, aerospace and defense products, engineered materials and other specialized components.