AMETEK (NYSE:AME) Price Target Raised to $285.00

AMETEK (NYSE:AME) had its price target hoisted by DA Davidson from $265.00 to $285.00 in a research report sent to investors on Wednesday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

Other research analysts also recently issued research reports about the stock. Mizuho set a $270.00 price objective on shares of AMETEK in a research report on Friday, May 1st. Truist Financial raised their target price on shares of AMETEK from $275.00 to $303.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Robert W. Baird set a $275.00 price target on shares of AMETEK in a report on Wednesday. KeyCorp upped their price target on AMETEK from $260.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Citigroup raised their price objective on AMETEK from $257.00 to $261.00 and gave the stock a “neutral” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, AMETEK currently has an average rating of “Moderate Buy” and an average price target of $266.80.

AMETEK Trading Up 1.0%

Shares of NYSE:AME opened at $253.97 on Wednesday. The company has a market capitalization of $58.21 billion, a PE ratio of 37.13, a P/E/G ratio of 3.21 and a beta of 0.98. The company has a current ratio of 1.21, a quick ratio of 0.72 and a debt-to-equity ratio of 0.09. AMETEK has a 12-month low of $179.24 and a 12-month high of $257.95. The business’s fifty day simple moving average is $236.09 and its 200-day simple moving average is $229.89.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $0.10. AMETEK had a return on equity of 16.93% and a net margin of 20.04%.The firm had revenue of $2.04 billion during the quarter, compared to analysts’ expectations of $1.95 billion. During the same period in the prior year, the business posted $1.78 EPS. The firm’s quarterly revenue was up 15.0% on a year-over-year basis. AMETEK has set its Q3 2026 guidance at 2.080-2.100 EPS and its FY 2026 guidance at 8.200-8.300 EPS. As a group, equities research analysts predict that AMETEK will post 8.33 earnings per share for the current fiscal year.

AMETEK Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.34 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.36 dividend on an annualized basis and a yield of 0.5%. AMETEK’s dividend payout ratio is presently 19.88%.

Hedge Funds Weigh In On AMETEK

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of AMETEK during the second quarter worth about $4,725,928,000. State Street Corp raised its position in AMETEK by 2.0% during the 4th quarter. State Street Corp now owns 9,956,361 shares of the technology company’s stock worth $2,044,140,000 after buying an additional 192,677 shares during the last quarter. Geode Capital Management LLC lifted its holdings in AMETEK by 0.6% in 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 acquiring an additional 37,651 shares during the period. Invesco Ltd. grew its position in 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 buying an additional 209,043 shares during the period. Finally, Norges Bank purchased a new position in AMETEK in the fourth quarter valued at $831,372,000. Hedge funds and other institutional investors own 87.43% of the company’s stock.

AMETEK News Roundup

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: AMETEK declared a quarterly dividend of $0.34 per share, payable September 30 to shareholders of record September 15. The payment implies an annualized dividend of $1.36 and a yield of approximately 0.5%, reinforcing the company’s shareholder-return profile. AMETEK Declares Quarterly Dividend
• Positive Sentiment: Recent analyst coverage has pointed to further appreciation potential for AMETEK, including bullish forecasts from BNP Paribas Exane and DA Davidson. A previously reported analyst upgrade also helped the stock reach a new 12-month high. BNP Paribas Exane Forecasts Strong Price Appreciation for AMETEK AMETEK Stock Price Expected to Rise, DA Davidson Analyst Says AMETEK Reaches New 12-Month High Following Analyst Upgrade
• Positive Sentiment: AMETEK’s latest quarterly report showed broad-based operating strength: earnings of $2.09 per share exceeded the $1.99 consensus estimate, while revenue of $2.04 billion surpassed expectations and increased 15% year over year. Management’s 2026 guidance remains consistent with continued earnings growth. AMETEK Earnings Call Signals Broad-Based Strength
• Neutral Sentiment: A Zacks screen identified AMETEK among high-return-on-equity stocks with solid earnings growth, although the article also noted broader market pressure related to surging oil prices. 5 High ROE Stocks to Buy as Oil Price Surge Hits Short-Term Rally

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.