Robert W. Baird Forecasts Strong Price Appreciation for AMETEK (NYSE:AME) Stock

Key Points

• Robert W. Baird raised AMETEK’s price target from $275 to $280 while maintaining a neutral rating, implying 11.04% potential upside from the current price.
• Analyst sentiment is broadly positive, with AMETEK carrying a “Moderate Buy” consensus rating and an average price target of $267; several firms have issued targets between $285 and $316.
• AMETEK recently exceeded quarterly expectations, reporting $2.09 in earnings per share versus a $1.99 estimate and $2.04 billion in revenue, up 15% year over year.

AMETEK (NYSE:AME - Get Free Report) had its price objective boosted by stock analysts at Robert W. Baird from $275.00 to $280.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has a "neutral" rating on the technology company's stock. Robert W. Baird's price objective would indicate a potential upside of 11.04% from the stock's current price.

A number of other research firms have also recently weighed in on AME. Seaport Research Partners reissued a "buy" rating and set a $290.00 price objective on shares of AMETEK in a report on Wednesday, August 5th. Truist Financial upped their target price on shares of AMETEK from $303.00 to $316.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a research note on Thursday, June 18th. BNP Paribas Exane boosted their price target on shares of AMETEK from $280.00 to $290.00 and gave the company an "outperform" rating in a research report on Friday, September 11th. Finally, DA Davidson upped their price objective on shares of AMETEK from $265.00 to $285.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, AMETEK currently has an average rating of "Moderate Buy" and an average price target of $267.00.

AMETEK Trading Up 0.1%

NYSE:AME opened at $252.17 on Monday. AMETEK has a 1 year low of $179.24 and a 1 year high of $261.16. The stock has a market cap of $57.80 billion, a P/E ratio of 36.87, a P/E/G ratio of 2.38 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. The stock has a 50-day simple moving average of $243.86 and a 200-day simple moving average of $234.32.

AMETEK (NYSE:AME - Get Free Report) last issued its earnings results on Tuesday, August 4th. The technology company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $1.99 by $0.10. The business 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 business's quarterly revenue was up 15.0% on a year-over-year basis. During the same quarter last 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. As a group, analysts anticipate that AMETEK will post 8.42 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider David Hermance sold 6,608 shares of the stock in a transaction on Friday, August 7th. The shares were 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. This represents a 13.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.54% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of AME. Frazier Financial Advisors LLC purchased a new position in shares of AMETEK during the second quarter worth about $25,000. Fiduciary Financial Advisors acquired a new position in AMETEK in the 2nd quarter valued at about $27,000. MV Capital Management Inc. purchased a new stake in AMETEK during the 4th quarter valued at approximately $28,000. Brown Lisle Cummings Inc. lifted its position in AMETEK by 878.6% during the 1st quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company's stock worth $29,000 after acquiring an additional 123 shares during the period. Finally, SJS Investment Consulting Inc. lifted its position in AMETEK by 393.1% during the 1st quarter. SJS Investment Consulting Inc. now owns 143 shares of the technology company's stock worth $31,000 after acquiring an additional 114 shares during the period. 87.43% of the stock is currently owned by institutional investors and hedge funds.

AMETEK Company Profile

AMETEK, Inc NYSE: AME is a global manufacturer of industrial technology products. The company develops and produces electronic instruments and electromechanical devices used in process, industrial, aerospace, power, energy, and other specialized markets.

AMETEK's Electronic Instruments segment supplies products such as process and analytical instruments, measurement and testing equipment, power-quality monitoring systems, automation and control solutions, and equipment for aerospace and defense applications.

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