AMETEK (NYSE:AME) Hits New 1-Year High – Still a Buy?

Shares of AMETEK, Inc. (NYSE:AME) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $243.90 and last traded at $243.6850, with a volume of 151014 shares changing hands. The stock had previously closed at $235.38.

Analysts Set New Price Targets

AME has been the topic of a number of research reports. Barclays raised their price objective on AMETEK from $220.00 to $230.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Royal Bank Of Canada boosted their target price on AMETEK from $259.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. Rothschild & Co Redburn set a $265.00 price target on shares of AMETEK in a report on Thursday, June 18th. Wall Street Zen cut shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Weiss Ratings downgraded shares of AMETEK from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $253.57.

AMETEK Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.72 and a current ratio of 1.14. The stock has a fifty day simple moving average of $230.68 and a two-hundred day simple moving average of $223.07. The stock has a market cap of $54.47 billion, a PE ratio of 35.90, a PEG ratio of 3.38 and a beta of 1.00.

AMETEK (NYSE:AME) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.07. AMETEK had a net margin of 20.11% and a return on equity of 16.63%. The company had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the firm posted $1.75 earnings per share. The business’s quarterly revenue was up 11.3% on a year-over-year basis. AMETEK has set its FY 2026 guidance at 7.940-8.140 EPS and its Q2 2026 guidance at 1.960-2.000 EPS. Equities analysts anticipate that AMETEK, Inc. will post 8.13 EPS for the current fiscal year.

AMETEK Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.34 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.36 annualized dividend and a yield of 0.6%. AMETEK’s payout ratio is 20.54%.

Hedge Funds Weigh In On AMETEK

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC acquired a new position in shares of AMETEK in the first quarter worth about $132,000. DV Trading LLC boosted its holdings in AMETEK by 175.0% in the first quarter. DV Trading LLC now owns 1,100 shares of the technology company’s stock valued at $236,000 after purchasing an additional 700 shares during the last quarter. Parallel Advisors LLC grew its stake in AMETEK by 9.8% during the 1st quarter. Parallel Advisors LLC now owns 3,237 shares of the technology company’s stock valued at $694,000 after purchasing an additional 289 shares in the last quarter. NewEdge Advisors LLC increased its holdings in AMETEK by 11.7% during the 1st quarter. NewEdge Advisors LLC now owns 5,426 shares of the technology company’s stock worth $1,163,000 after purchasing an additional 569 shares during the last quarter. Finally, Axiom Investment Management LLC acquired a new position in shares of AMETEK in the 1st quarter valued at approximately $91,000. 87.43% of the stock is owned by hedge funds and other institutional investors.

AMETEK Company Profile

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.