DA Davidson Reiterates "Buy" Rating for AMETEK (NYSE:AME)

Key Points

• DA Davidson reiterated a Buy rating on AMETEK (NYSE:AME) with a $265 price target, implying roughly a 15.5% upside from the prior close.
• AMETEK topped quarterly estimates with $1.97 EPS (vs. $1.90 expected) and revenue of $1.93B (up 11.3% YoY), and set FY2026 guidance of $7.94–8.14 EPS and Q2 guidance of $1.96–2.00 EPS.
• Analysts hold a consensus rating of Moderate Buy with an average price target of $251.50; shares traded near $229.44 (market cap ~$52.6B, P/E ~34.7).

AMETEK (NYSE:AME - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at DA Davidson in a report released on Monday,Benzinga reports. They currently have a $265.00 price target on the technology company's stock. DA Davidson's price objective would indicate a potential upside of 15.50% from the company's previous close.

A number of other brokerages have also recently commented on AME. Truist Financial set a $265.00 price target on AMETEK in a research report on Wednesday, February 4th. Royal Bank Of Canada lifted their price target on AMETEK from $259.00 to $260.00 and gave the stock an "outperform" rating in a research report on Friday. Robert W. Baird set a $244.00 price target on AMETEK in a research report on Friday. TD Cowen reaffirmed a "buy" rating on shares of AMETEK in a research report on Tuesday, February 3rd. Finally, Melius Research set a $235.00 price target on AMETEK in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $251.50.

AMETEK Stock Down 0.5%

Shares of AMETEK stock traded down $1.05 during trading on Monday, reaching $229.44. The company's stock had a trading volume of 218,298 shares, compared to its average volume of 1,333,895. The company has a 50-day simple moving average of $225.56 and a two-hundred day simple moving average of $213.21. AMETEK has a 1-year low of $167.75 and a 1-year high of $242.05. The company has a quick ratio of 0.72, a current ratio of 1.14 and a debt-to-equity ratio of 0.10. The company has a market cap of $52.56 billion, a price-to-earnings ratio of 34.67, a P/E/G ratio of 3.30 and a beta of 1.03.

AMETEK (NYSE:AME - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.97 EPS for the quarter, topping analysts' consensus estimates of $1.90 by $0.07. AMETEK had a return on equity of 16.63% and a net margin of 20.11%.The company had revenue of $1.93 billion during the quarter, compared to analysts' expectations of $1.91 billion. During the same quarter in the previous year, the firm posted $1.75 EPS. The firm's revenue was up 11.3% compared to the same quarter last year. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. As a group, equities analysts forecast that AMETEK will post 8.06 earnings per share for the current year.

Insider Buying and Selling at AMETEK

In other AMETEK news, Director Thomas A. Amato sold 530 shares of AMETEK stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $216.78, for a total transaction of $114,893.40. Following the completion of the transaction, the director owned 4,480 shares in the company, valued at approximately $971,174.40. This trade represents a 10.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.54% of the company's stock.

Hedge Funds Weigh In On AMETEK

A number of institutional investors have recently modified their holdings of the stock. Darwin Wealth Management LLC purchased a new position in shares of AMETEK in the 2nd quarter valued at about $25,000. CoreCap Advisors LLC increased its stake in shares of AMETEK by 84.3% in the 4th quarter. CoreCap Advisors LLC now owns 129 shares of the technology company's stock valued at $26,000 after purchasing an additional 59 shares in the last quarter. MV Capital Management Inc. purchased a new position in shares of AMETEK in the 4th quarter valued at about $28,000. Brown Lisle Cummings Inc. increased its stake in shares of AMETEK by 878.6% in the 1st 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 in the last quarter. Finally, BOKF NA increased its stake in shares of AMETEK by 137.7% in the 4th quarter. BOKF NA now owns 145 shares of the technology company's stock valued at $30,000 after purchasing an additional 84 shares in the last quarter. Hedge funds and other institutional investors 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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