AMETEK (AME) to Release Quarterly Earnings on Thursday

AMETEK (NYSE:AME) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect AMETEK to post earnings of $1.69 per share and revenue of $1.74 billion for the quarter.

AMETEK (NYSE:AME) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $0.02. The firm had revenue of $1.76 billion for the quarter, compared to analysts’ expectations of $1.82 billion. AMETEK had a return on equity of 16.94% and a net margin of 19.83%. AMETEK’s revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the business posted $1.68 EPS. On average, analysts expect AMETEK to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

AMETEK Stock Up 1.0 %

Shares of NYSE:AME opened at $167.89 on Wednesday. The firm has a 50 day simple moving average of $171.21 and a 200 day simple moving average of $179.45. The company has a market cap of $38.74 billion, a PE ratio of 28.31, a price-to-earnings-growth ratio of 2.73 and a beta of 1.14. AMETEK has a 52 week low of $145.02 and a 52 week high of $198.33. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.75 and a current ratio of 1.24.

AMETEK declared that its board has authorized a share buyback program on Friday, February 7th that authorizes the company to repurchase $1.25 billion in outstanding shares. This repurchase authorization authorizes the technology company to purchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

AMETEK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.74%. The ex-dividend date of this dividend was Friday, March 14th. This is a boost from AMETEK’s previous quarterly dividend of $0.28. AMETEK’s payout ratio is 20.91%.

Insider Activity at AMETEK

In other news, Director Steven W. Kohlhagen sold 1,320 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $189.41, for a total value of $250,021.20. Following the transaction, the director now owns 22,029 shares of the company’s stock, valued at $4,172,512.89. This represents a 5.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Thomas A. Amato sold 710 shares of AMETEK stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $176.64, for a total transaction of $125,414.40. Following the transaction, the director now directly owns 10,560 shares in the company, valued at $1,865,318.40. The trade was a 6.30 % decrease in their position. The disclosure for this sale can be found here. 0.57% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on AME shares. BNP Paribas raised AMETEK from a “neutral” rating to an “outperform” rating and set a $210.00 price target for the company in a research note on Thursday, January 16th. Truist Financial lowered their price target on AMETEK from $216.00 to $196.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. Robert W. Baird dropped their target price on shares of AMETEK from $200.00 to $197.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 5th. StockNews.com cut AMETEK from a “buy” rating to a “hold” rating in a report on Friday, April 11th. Finally, Morgan Stanley started coverage on shares of AMETEK in a research report on Monday, April 14th. They set an “equal weight” rating and a $170.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $198.60.

AMETEK Company Profile

AMETEK, Inc manufactures and sells electronic instruments and electromechanical devices in the North America, Europe, Asia, and South America, and internationally. The company's EIG segment offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and c devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and sensors for gas turbines and dashboard instruments; heavy trucks, instrumentation, and controls for the food and beverage industries; and aircraft and engine sensors, power supplies, embedded computing, monitoring, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry.