Zacks Research Analysts Raise Earnings Estimates for AMETEK

AMETEK, Inc. (NYSE:AME) – Analysts at Zacks Research upped their Q4 2024 earnings per share estimates for AMETEK in a note issued to investors on Thursday, November 14th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings per share of $1.83 for the quarter, up from their previous forecast of $1.82. The consensus estimate for AMETEK’s current full-year earnings is $6.81 per share. Zacks Research also issued estimates for AMETEK’s Q2 2025 earnings at $1.79 EPS, FY2025 earnings at $7.22 EPS, Q1 2026 earnings at $1.72 EPS, Q2 2026 earnings at $1.82 EPS and FY2026 earnings at $7.73 EPS.

AMETEK (NYSE:AME) last released its earnings results on Thursday, October 31st. The technology company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. AMETEK had a net margin of 19.27% and a return on equity of 16.88%. The company had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter last year, the business earned $1.64 EPS. The business’s revenue was up 5.3% on a year-over-year basis.

A number of other research firms also recently weighed in on AME. Mizuho lifted their price target on AMETEK from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Redburn Atlantic raised shares of AMETEK to a “strong-buy” rating in a research note on Friday, August 2nd. Robert W. Baird raised their price objective on shares of AMETEK from $166.00 to $186.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Royal Bank of Canada lowered their target price on shares of AMETEK from $216.00 to $215.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Finally, TD Cowen downgraded shares of AMETEK from a “hold” rating to a “sell” rating in a research report on Monday, October 7th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $197.86.

AMETEK Stock Performance

NYSE AME opened at $193.46 on Monday. The stock has a market capitalization of $44.75 billion, a price-to-earnings ratio of 33.70, a PEG ratio of 3.15 and a beta of 1.16. The business’s 50 day moving average is $174.74 and its two-hundred day moving average is $170.16. AMETEK has a 12-month low of $149.03 and a 12-month high of $196.70. The company has a current ratio of 1.39, a quick ratio of 0.84 and a debt-to-equity ratio of 0.18.

AMETEK Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, December 6th will be paid a dividend of $0.28 per share. The ex-dividend date is Friday, December 6th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.58%. AMETEK’s dividend payout ratio (DPR) is 19.51%.

Insider Buying and Selling

In related news, insider David F. Hermance sold 6,243 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $190.99, for a total value of $1,192,350.57. Following the completion of the transaction, the insider now owns 36,731 shares of the company’s stock, valued at approximately $7,015,253.69. The trade was a 14.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven W. Kohlhagen sold 1,460 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of $171.59, for a total transaction of $250,521.40. Following the sale, the director now directly owns 23,349 shares in the company, valued at $4,006,454.91. This represents a 5.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On AMETEK

Several institutional investors and hedge funds have recently modified their holdings of AME. Itau Unibanco Holding S.A. lifted its stake in shares of AMETEK by 62.6% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 200 shares of the technology company’s stock worth $34,000 after purchasing an additional 77 shares during the period. Family Firm Inc. acquired a new stake in AMETEK in the 2nd quarter worth about $39,000. Industrial Alliance Investment Management Inc. purchased a new stake in AMETEK in the 2nd quarter valued at about $42,000. Princeton Global Asset Management LLC acquired a new position in shares of AMETEK during the 3rd quarter valued at about $44,000. Finally, Crewe Advisors LLC lifted its holdings in shares of AMETEK by 168.8% during the 2nd quarter. Crewe Advisors LLC now owns 293 shares of the technology company’s stock worth $49,000 after acquiring an additional 184 shares during the period. Hedge funds and other institutional investors own 87.43% of the company’s stock.

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.