Zacks Research Upgrades AMETEK (NYSE:AME) to Strong-Buy

Key Points

• Zacks Research upgraded AMETEK to “strong buy” from “hold.” Overall, analysts maintain a “moderate buy” consensus with an average price target of $267.
• AMETEK reported quarterly EPS of $2.09, beating estimates by $0.10, while revenue rose 15% year over year to $2.04 billion. The company issued fiscal 2026 EPS guidance of $8.20–$8.30.
• Shares opened at $248.38, near their 52-week high of $261.16, with a market capitalization of approximately $56.93 billion. Institutional investors own 87.43% of the stock, while an insider recently sold 6,608 shares.

AMETEK (NYSE:AME - Get Free Report) was upgraded by equities researchers at Zacks Research from a "hold" rating to a "strong-buy" rating in a research report issued to clients and investors on Tuesday, Zacks reports.

A number of other analysts also recently commented on AME. TD Cowen reiterated a "buy" rating on shares of AMETEK in a report on Thursday, August 6th. Robert W. Baird boosted their target price on AMETEK from $275.00 to $280.00 and gave the stock a "neutral" rating in a report on Monday. BNP Paribas Exane upped their price target on AMETEK from $280.00 to $290.00 and gave the company an "outperform" rating in a research report on Friday, September 11th. Vertical Research started coverage on AMETEK in a report on Tuesday, September 8th. They issued a "buy" rating and a $255.00 price target for the company. Finally, Rothschild & Co Redburn set a $265.00 price objective on AMETEK in a research report on Thursday, June 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $267.00.

AMETEK Price Performance

NYSE:AME opened at $248.38 on Tuesday. The company has a quick ratio of 0.76, a current ratio of 1.21 and a debt-to-equity ratio of 0.09. AMETEK has a 52 week low of $179.24 and a 52 week high of $261.16. The stock's 50-day moving average price is $244.55 and its 200-day moving average price is $235.13. The stock has a market capitalization of $56.93 billion, a PE ratio of 36.31, a price-to-earnings-growth ratio of 2.40 and a beta of 0.96.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.99 by $0.10. AMETEK had a net margin of 20.04% and a return on equity of 16.93%. The firm had revenue of $2.04 billion for the quarter, compared to analysts' expectations of $1.95 billion. During the same quarter last year, the company earned $1.78 EPS. The firm's revenue for the quarter was up 15.0% compared to the same quarter last year. 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 analysts expect that AMETEK will post 8.42 EPS for the current fiscal year.

Insider Activity

In other news, insider David Hermance sold 6,608 shares of AMETEK stock in a transaction that occurred 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 sale, the insider owned 42,509 shares of the company's stock, valued at approximately $10,797,286. The trade was a 13.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in AMETEK during the second quarter worth about $4,725,928,000. Flossbach Von Storch SE purchased a new stake in shares of AMETEK in the 2nd quarter valued at approximately $662,352,000. Bank of New York Mellon Corp purchased a new stake in shares of AMETEK in the 2nd quarter valued at approximately $624,725,000. Bank of America Corp DE acquired a new position in shares of AMETEK in the 2nd quarter worth approximately $391,801,000. Finally, Man Group plc acquired a new position in shares of AMETEK in the 2nd quarter worth approximately $356,499,000. 87.43% of the stock is currently owned by hedge funds and other institutional investors.

About AMETEK

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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