Robert W. Baird Cuts AMETEK (NYSE:AME) Price Target to $235.00

AMETEK (NYSE:AME) had its target price lowered by Robert W. Baird from $245.00 to $235.00 in a research note released on Monday morning,Benzinga reports. The firm currently has a neutral rating on the technology company’s stock.

Other analysts have also issued reports about the company. Wall Street Zen raised AMETEK from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. Truist Financial set a $265.00 price target on AMETEK in a report on Wednesday, February 4th. Oppenheimer cut AMETEK from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 27th. Royal Bank Of Canada restated an “outperform” rating and set a $257.00 price objective on shares of AMETEK in a report on Wednesday, February 4th. Finally, DA Davidson reiterated a “buy” rating and issued a $240.00 target price on shares of AMETEK in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, AMETEK presently has an average rating of “Moderate Buy” and an average price target of $244.67.

AMETEK Stock Performance

NYSE:AME opened at $218.84 on Monday. The company has a quick ratio of 0.67, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. AMETEK has a twelve month low of $145.02 and a twelve month high of $242.05. The company has a fifty day moving average of $224.78 and a 200-day moving average of $206.48. The firm has a market capitalization of $50.13 billion, a P/E ratio of 34.19, a P/E/G ratio of 3.08 and a beta of 1.04.

AMETEK (NYSE:AME) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $2.01 EPS for the quarter, topping 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 business had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period last year, the company posted $1.87 earnings per share. The business’s quarterly revenue was up 13.4% on a year-over-year basis. 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, sell-side analysts anticipate that AMETEK will post 7.15 EPS for the current year.

AMETEK Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a dividend of $0.34 per share. This is an increase from AMETEK’s previous quarterly dividend of $0.31. The ex-dividend date was Monday, March 16th. This represents a $1.36 dividend on an annualized basis and a yield of 0.6%. AMETEK’s dividend payout ratio (DPR) is presently 21.25%.

Insider Buying and Selling

In other news, Director Thomas A. Amato sold 530 shares of the stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total value of $114,893.40. Following the completion of the sale, the director directly owned 4,480 shares of the company’s stock, valued at $971,174.40. This represents a 10.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On AMETEK

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in AMETEK by 0.7% during the 3rd quarter. Vanguard Group Inc. now owns 27,173,705 shares of the technology company’s stock worth $5,108,657,000 after acquiring an additional 176,040 shares during the last quarter. State Street Corp raised its holdings in shares of AMETEK by 2.0% in the fourth quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock valued at $2,044,140,000 after purchasing an additional 192,677 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of AMETEK by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 5,891,236 shares of the technology company’s stock valued at $1,204,722,000 after purchasing an additional 37,651 shares in the last quarter. Invesco Ltd. lifted its position in shares of AMETEK by 4.9% during the third quarter. Invesco Ltd. now owns 4,463,518 shares of the technology company’s stock valued at $839,141,000 after purchasing an additional 209,043 shares in the last quarter. Finally, Norges Bank purchased a new position in AMETEK during the fourth quarter worth about $831,372,000. 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.