Zacks Research Has Positive Outlook for AMETEK Q4 Earnings

AMETEK, Inc. (NYSE:AME) – Equities researchers at Zacks Research upped their Q4 2024 earnings per share (EPS) estimates for shares of AMETEK in a research note issued to investors on Thursday, November 14th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings of $1.83 per share 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.

Several other equities analysts have also commented on the company. Wolfe Research raised AMETEK to a “hold” rating in a research note on Wednesday, September 18th. TD Cowen lowered shares of AMETEK from a “hold” rating to a “sell” rating in a research note on Monday, October 7th. StockNews.com cut shares of AMETEK from a “buy” rating to a “hold” rating in a research report on Friday, November 15th. Truist Financial upped their price objective on shares of AMETEK from $219.00 to $221.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Royal Bank of Canada dropped their target price on shares of AMETEK from $216.00 to $215.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.86.

AMETEK Trading Up 0.1 %

AME opened at $193.46 on Monday. The stock has a market capitalization of $44.75 billion, a PE ratio of 33.70, a P/E/G ratio of 3.15 and a beta of 1.16. AMETEK has a one year low of $149.03 and a one year high of $196.70. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 1.39. The business’s 50 day moving average price is $174.74 and its 200 day moving average price is $170.16.

AMETEK (NYSE:AME) last issued its earnings results on Thursday, October 31st. The technology company reported $1.66 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the previous year, the firm earned $1.64 earnings per share. AMETEK’s quarterly revenue was up 5.3% compared to the same quarter last year.

AMETEK Announces Dividend

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

Insider Buying and Selling

In other news, insider David F. Hermance sold 6,243 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $190.99, for a total transaction of $1,192,350.57. Following the completion of the transaction, the insider now directly 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Steven W. Kohlhagen sold 1,460 shares of the company’s stock in a transaction that occurred on 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 owns 23,349 shares in the company, valued at $4,006,454.91. The trade was a 5.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.61% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AMETEK

Several institutional investors have recently modified their holdings of the company. Czech National Bank lifted its holdings in AMETEK by 8.6% during the 2nd quarter. Czech National Bank now owns 44,108 shares of the technology company’s stock worth $7,353,000 after buying an additional 3,499 shares during the last quarter. CWM LLC boosted its holdings in AMETEK by 53.9% in the second quarter. CWM LLC now owns 10,594 shares of the technology company’s stock valued at $1,766,000 after purchasing an additional 3,711 shares in the last quarter. Swedbank AB purchased a new position in AMETEK in the first quarter valued at approximately $3,833,000. CANADA LIFE ASSURANCE Co raised its holdings in AMETEK by 9.3% during the first quarter. CANADA LIFE ASSURANCE Co now owns 132,853 shares of the technology company’s stock worth $24,301,000 after purchasing an additional 11,327 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of AMETEK by 573.2% during the 1st quarter. Cetera Investment Advisers now owns 59,754 shares of the technology company’s stock worth $10,929,000 after buying an additional 50,878 shares during the last quarter. 87.43% of the stock is owned by hedge funds and other institutional investors.

About AMETEK

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.