AMETEK (NYSE:AME) Announces Earnings Results

AMETEK (NYSE:AME) announced its quarterly earnings results on Thursday. The technology company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07, Zacks reports. AMETEK had a net margin of 20.00% and a return on equity of 16.55%. The business had revenue of $1.93 billion during the quarter, compared to analyst estimates of $1.91 billion. During the same quarter in the previous year, the business posted $1.75 EPS. AMETEK’s quarterly revenue was up 11.3% on a year-over-year basis. AMETEK updated its FY 2026 guidance to 7.940-8.140 EPS and its Q2 2026 guidance to 1.960-2.000 EPS.

Here are the key takeaways from AMETEK’s conference call:

• AMETEK delivered an excellent Q1 — sales $1.93B (+11%), diluted EPS $1.97 (+13%), record EBITDA $620M, core operating margins up 160 bps, and free cash flow conversion of 107%.
• Orders were a standout with a record $2.2B (organic +22%) and a record backlog of $3.87 billion, driven broadly by defense, aerospace, automation, process, power, and semiconductor end markets.
• Management raised full‑year guidance: sales now expected up high single‑digits with organic mid‑single‑digit growth, and diluted EPS increased to $7.94–$8.14 (Q2 EPS guide $1.96–$2.00).
• AMETEK remains acquisition‑focused, signing to buy First Aviation Services (~$80M revenue) to expand defense MRO capabilities and asserting capacity to deploy over $5 billion while keeping an investment‑grade rating.
• Management flagged geopolitical uncertainty from the Middle East — direct exposure is small (~2% of sales) but there were some shipment disruptions and potential macro/energy spillover risks being monitored.

AMETEK Stock Down 2.3%

AME traded down $5.41 during midday trading on Friday, reaching $230.09. 936,802 shares of the company were exchanged, compared to its average volume of 1,334,594. AMETEK has a one year low of $167.75 and a one year high of $242.05. The company’s fifty day moving average price is $225.56 and its 200 day moving average price is $212.81. The company has a market cap of $52.71 billion, a price-to-earnings ratio of 35.93, a price-to-earnings-growth ratio of 3.27 and a beta of 1.04. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.67 and a current ratio of 1.06.

AMETEK Increases Dividend

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

Analysts Set New Price Targets

AME has been the topic of a number of recent research reports. BMO Capital Markets initiated coverage on shares of AMETEK in a research note on Friday, March 27th. They issued an “outperform” rating and a $253.00 price objective on the stock. Melius Research set a $235.00 price objective on AMETEK in a report on Monday, January 5th. Oppenheimer lowered AMETEK from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft initiated coverage on AMETEK in a report on Wednesday, January 21st. They set a “buy” rating and a $271.00 price objective for the company. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AMETEK in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $248.58.

Insider Buying and Selling at AMETEK

In other news, Director Thomas A. Amato sold 530 shares of the business’s 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 transaction, the director owned 4,480 shares in the company, valued at $971,174.40. The trade was a 10.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Hedge Funds Weigh In On AMETEK

Hedge funds and other institutional investors have recently modified their holdings of the business. Darwin Wealth Management LLC purchased a new position in shares of AMETEK in the 2nd quarter worth approximately $25,000. Transamerica Financial Advisors LLC boosted its stake in shares of AMETEK by 73.9% in the 4th quarter. Transamerica Financial Advisors LLC now owns 153 shares of the technology company’s stock worth $31,000 after buying an additional 65 shares during the last quarter. DV Equities LLC purchased a new position in shares of AMETEK in the 4th quarter worth approximately $66,000. Johnson Financial Group Inc. boosted its stake in shares of AMETEK by 17.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 478 shares of the technology company’s stock worth $90,000 after buying an additional 71 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new position in shares of AMETEK in the 3rd quarter worth approximately $92,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

Key AMETEK News

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: Q1 results beat and company raised full‑year outlook — AMETEK reported record Q1 results with EPS and revenue above estimates and said revenue was up ~11% year-over-year; management raised full‑year guidance in its release. AMETEK Announces Record First Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: Analyst price target bump — RBC raised its price target to $260 and reiterated an “outperform” rating, signaling continued analyst confidence and implying ~13% upside from recent levels. Benzinga
• Positive Sentiment: Raised organic sales outlook and FY EPS guide — AMETEK issued FY 2026 EPS guidance of $7.94–$8.14 and raised organic sales outlook to mid‑single digits, indicating management expects continued underlying demand. Ametek forecasts 2026 EPS of $7.94 to $8.14 while raising organic sales outlook to mid-single digits
• Positive Sentiment: Strategic bolt‑on acquisition announced — AMETEK agreed to acquire First Aviation Services (defense/aviation MRO and components), which expands mission‑critical services and proprietary product offerings in defense—a potential long‑term revenue/ margin enhancer. AMETEK Announces Agreement to Acquire First Aviation Services
• Neutral Sentiment: Detailed investor materials available — The earnings call transcript and presentation provide more color on segment performance, margin drivers and book‑to‑bill trends for investors doing due diligence. AMETEK Q1 2026 Earnings Call Transcript AMETEK Q1 Results – Earnings Call Presentation
• Neutral Sentiment: Multiple outlets confirm the beat — Coverage from Yahoo, Zacks and others highlight the Q1 beats and segment strength; useful confirmation but largely restates the company release. AMETEK Beats Q1 CY2026 Sales Expectations Zacks: AMETEK Q1 Earnings Surpass Expectations
• Negative Sentiment: Guidance slightly light vs. consensus — While AMETEK guided to $7.94–$8.14 for FY‑2026, the consensus sits near $8.06; the narrower/ slightly lower guide likely prompted near‑term profit‑taking. Ametek forecasts 2026 EPS of $7.94 to $8.14 while raising organic sales outlook to mid-single digits
• Negative Sentiment: Speculation about a large acquisition from CD&R portfolio creates uncertainty — Reports that AMETEK is in talks to buy a part of a CD&R‑owned industrial business may fuel concerns about deal size, price paid or strategic fit until details are disclosed. Main Line company explores multibillion-dollar acquisition, report says

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.