Vertical Research Begins Coverage on AMETEK (NYSE:AME)

Key Points

• Vertical Research initiated coverage of AMETEK with a “buy” rating and a $255 price target, implying 7.23% upside from the prior close.
• AMETEK reported quarterly EPS of $2.09, exceeding the $1.99 consensus estimate, while revenue rose 15% year over year to $2.04 billion. The company guided for fiscal 2026 EPS of $8.20–$8.30.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $266.06; institutional investors own approximately 87.43% of the stock.

Analysts at Vertical Research assumed coverage on shares of AMETEK (NYSE:AME - Get Free Report) in a research report issued on Tuesday, MarketBeat Ratings reports. The firm set a "buy" rating and a $255.00 price target on the technology company's stock. Vertical Research's target price indicates a potential upside of 7.23% from the company's previous close.

Other research analysts also recently issued research reports about the stock. Rothschild & Co Redburn set a $265.00 target price on shares of AMETEK in a research report on Thursday, June 18th. Seaport Research Partners reissued a "buy" rating and set a $290.00 price target on shares of AMETEK in a research report on Wednesday, August 5th. BNP Paribas Exane raised their price objective on AMETEK from $270.00 to $280.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Truist Financial lifted their target price on AMETEK from $303.00 to $316.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Finally, Morgan Stanley upped their target price on AMETEK from $235.00 to $245.00 and gave the stock an "equal weight" rating in a report on Friday, July 10th. One 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, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $266.06.

AMETEK Trading Up 0.0%

NYSE AME opened at $237.80 on Tuesday. The stock has a market capitalization of $54.50 billion, a price-to-earnings ratio of 34.77, a PEG ratio of 3.04 and a beta of 0.99. The stock's 50 day moving average price is $241.37 and its two-hundred day moving average price is $232.55. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.76 and a current ratio of 1.21. AMETEK has a 52 week low of $179.24 and a 52 week high of $261.16.

AMETEK (NYSE:AME - Get Free Report) last released its quarterly earnings results 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 the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm posted $1.78 EPS. The business's 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, analysts anticipate that AMETEK will post 8.32 earnings per share for the current fiscal year.

Insider Activity at AMETEK

In other news, insider David Hermance sold 6,608 shares of the business's stock in a transaction dated 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 transaction, the insider directly owned 42,509 shares in the company, valued at $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AMETEK

A number of institutional investors have recently bought and sold shares of AME. Frazier Financial Advisors LLC bought a new position in shares of AMETEK during the 2nd quarter worth approximately $25,000. Fiduciary Financial Advisors acquired a new stake in AMETEK during the 2nd quarter valued at $27,000. Elevation Wealth Partners LLC lifted its holdings in AMETEK by 239.5% during the 2nd quarter. Elevation Wealth Partners LLC now owns 129 shares of the technology company's stock valued at $31,000 after purchasing an additional 91 shares during the last quarter. MV Capital Management Inc. bought a new position in AMETEK during the fourth quarter worth $28,000. Finally, Brown Lisle Cummings Inc. increased its holdings in shares of AMETEK by 878.6% in the first quarter. Brown Lisle Cummings Inc. now owns 137 shares of the technology company's stock valued at $29,000 after purchasing an additional 123 shares during the last quarter. Institutional investors and hedge funds 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.

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