AMETEK (NYSE:AME) Stock Crosses Below 200 Day Moving Average Following Analyst Downgrade

Key Points

• AMETEK shares fell below their 200-day moving average, trading as low as $222.23 compared with the average of $234.54.
• Mizuho cut its price target to $275 from $285 but maintained an Outperform rating. Analysts overall remain positive, with a “Moderate Buy” consensus and an average target of $278.06.
• AMETEK reported quarterly earnings of $2.21 per share, beating estimates, while revenue rose 17.3% year over year to $2.22 billion; the company also cited record sales and backlog and raised its 2026 outlook.

AMETEK, Inc. (NYSE:AME - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday after Mizuho lowered their price target on the stock from $285.00 to $275.00. The stock has a 200-day moving average of $234.54 and traded as low as $222.23. Mizuho currently has an outperform rating on the stock. AMETEK shares last traded at $222.5910, with a volume of 2,537,120 shares.

AME has been the topic of a number of other reports. Citigroup lifted their price objective on shares of AMETEK from $261.00 to $263.00 and gave the company a "neutral" rating in a report on Monday, October 12th. Rothschild & Co Redburn increased their target price on shares of AMETEK from $265.00 to $275.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. BNP Paribas Exane raised their target price 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. Morgan Stanley set a $275.00 price target on shares of AMETEK in a research note on Friday, October 9th. Finally, Robert W. Baird boosted their price target on shares of AMETEK from $275.00 to $280.00 and gave the stock a "neutral" rating in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $278.06.

Insider Activity

In other news, insider David Hermance sold 6,608 shares of the company's stock in a transaction that occurred on Friday, August 7th. The stock was 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 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 SEC, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

Key Stories Impacting AMETEK

Here are the key news stories impacting AMETEK this week:

• Positive Sentiment: AMETEK reported record third-quarter sales, with earnings beating estimates. Organic sales growth, a record backlog and margin expansion supported higher 2026 earnings and free-cash-flow guidance. Zacks Q3 earnings article
• Positive Sentiment: RBC raised its price target to $308 from $291 and maintained an Outperform rating. RBC price-target update
• Positive Sentiment: Citigroup lifted its target to $270 from $263, while keeping a Neutral rating. Citigroup rating
• Neutral Sentiment: Mizuho lowered its target to $275 from $285 but retained an Outperform rating, reflecting a more cautious target alongside continued optimism. Mizuho price-target update
• Negative Sentiment: AME fell sharply after the results, despite the earnings beat and raised outlook. The reaction suggests investors may have been expecting more or were taking profits; the cited coverage does not confirm a specific catalyst. Yahoo Finance analysis of AMETEK’s post-results decline

Institutional Trading of AMETEK

Large investors have recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System lifted its holdings in AMETEK by 10.7% during the third quarter. Maryland State Retirement & Pension System now owns 13,726 shares of the technology company's stock worth $3,400,000 after acquiring an additional 1,330 shares during the period. Ritholtz Wealth Management boosted its holdings in shares of AMETEK by 219.7% in the 3rd quarter. Ritholtz Wealth Management now owns 3,558 shares of the technology company's stock worth $881,000 after buying an additional 2,445 shares during the last quarter. Jacobi Capital Management LLC boosted its holdings in shares of AMETEK by 11.4% in the 3rd quarter. Jacobi Capital Management LLC now owns 1,053 shares of the technology company's stock worth $261,000 after buying an additional 108 shares during the last quarter. First Command Advisory Services Inc. grew its position in AMETEK by 251.1% during the third quarter. First Command Advisory Services Inc. now owns 797 shares of the technology company's stock valued at $197,000 after buying an additional 570 shares during the period. Finally, Silver Grove Financial Group Inc. grew its position in AMETEK by 24.2% during the third quarter. Silver Grove Financial Group Inc. now owns 478 shares of the technology company's stock valued at $118,000 after buying an additional 93 shares during the period. Institutional investors and hedge funds own 87.43% of the company's stock.

AMETEK Price Performance

The business's fifty day moving average is $243.19 and its 200-day moving average is $234.54. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.43 and a quick ratio of 0.76. The firm has a market cap of $51.04 billion, a PE ratio of 31.40, a P/E/G ratio of 2.11 and a beta of 0.96.

AMETEK (NYSE:AME - Get Free Report) last released its earnings results on Tuesday, November 3rd. The technology company reported $2.21 earnings per share for the quarter, beating analysts' consensus estimates of $2.11 by $0.10. AMETEK had a net margin of 19.91% and a return on equity of 17.12%. The firm had revenue of $2.22 billion for the quarter, compared to analysts' expectations of $2.12 billion. During the same period in the previous year, the company earned $1.89 earnings per share. The company's quarterly revenue was up 17.3% on a year-over-year basis. On average, research analysts predict that AMETEK, Inc. will post 8.59 earnings per share for the current fiscal year.

AMETEK Company Profile

AMETEK, Inc is a global manufacturer of industrial technology solutions. The company develops and produces advanced analytical, monitoring, testing, and measurement instruments, as well as engineered electromechanical products used in industrial, aerospace, defense, energy, medical, and other specialized markets.

AMETEK operates through two primary business groups: Electronic Instruments and Electromechanical. Its products include process and power monitoring systems, analytical instruments, automation and control technologies, aerospace and defense equipment, precision motion-control systems, motors, thermal-management solutions, engineered materials, and specialty metal products.

The company traces its roots to 1930 and has expanded through the development and acquisition of specialized technology businesses.

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