AMETEK (NYSE:AME) Stock Price Expected to Rise, Morgan Stanley Analyst Says\n\nMorgan Stanley raised the price target for AMETEK from $185.00 to $198.00, indicating a potential upside of 8.75% from the previous close. Other analysts have also increased their price targets, with DA Davidson setting it at $215.00 and KeyCorp at $205.00, reflecting overall optimism in the company's stock. AMETEK reported earnings of $1.78 per share, exceeding expectations, with revenue rising 2.5% year-over-year to $1.78 billion.\n\nThe company has a market capitalization of $42.02 billion, a P/E ratio of 29.30, a P/E/G ratio of 2.63 and a beta of 1.10. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.04 and a current ratio of 1.63. The business's 50-day moving average is $179.90 and its 200-day moving average is $176.91. AMETEK has a 1-year low of $145.02 and a 1-year high of $198.33.\n\nAMETEK last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $1.78 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.69 by $0.09. AMETEK had a return on equity of 16.53% and a net margin of 20.60%. The company had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the prior year, the business posted $1.66 earnings per share. AMETEK's revenue for the quarter was up 2.5% on a year-over-year basis.\n\nOn average, equities research analysts forecast that AMETEK will post 7.15 EPS for the current fiscal year. Institutional inflows and outflows show that several large investors have recently increased their positions in AMETEK. Capital World Investors boosted its position by 70.0%, Invesco Ltd. lifted its stake by 127.2%, Price T Rowe Associates Inc. MD increased holdings by 21.1%, Lazard Asset Management LLC grew its stake by 393.1%, and GAMMA Investing LLC increased its holdings by 18,368.3%.\n\n87.43% of the stock is owned by hedge funds and other institutional investors. AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices in 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 for 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 industries.

AMETEK (NYSE:AME) Price Target Raised to $198.00

Morgan Stanley has raised its price target for AMETEK (NYSE:AME) from $185.00 to $198.00, citing strong quarterly earnings that exceeded expectations. The company reported earnings per share of $1.78, surpassing the consensus estimate of $1.69, with revenue rising 2.5% year-over-year to $1.78 billion. Analysts from DA Davidson and KeyCorp have also increased their targets to $215.00 and $205.00, respectively. AMETEK has a market capitalization of $42.02 billion, a P/E ratio of 29.30, and a debt-to-equity ratio of 0.15. Institutional investors have significantly increased their holdings, with notable boosts from Capital World Investors, Invesco Ltd., Lazard Asset Management LLC, and GAMMA Investing LLC. The company operates globally, manufacturing and selling electronic instruments and electromechanical devices across key industrial and technological sectors.