AME

NYSE:AME

AMETEK, Inc.

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  • Stock

167.26

−1.37%

−17.68

USD last updated 13/08 01:59:42

Last Close

184.94

12/08 22:30

Market Cap

38.39B

Beta: 1.22

Volume Today

1.86M

Avg: 1.05M

PE Ratio

30.15

PFCF: 28.43

Dividend Yield

0.60%

Payout:17.48%

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.

marketbeat.com

Invesco Ltd. increased its stake in AMETEK, Inc. by 127.2%, now owning approximately 1.51% of the company with a value of $598.9 million, as reported in the company's 13F filing. Several other institutional investors adjusted their positions, including Olde Wealth Management, Annis Gardner Whiting Capital Advisors, Banque Transatlantique SA, Zions Bancorporation, and Minot DeBlois Advisors. Analysts have raised price targets for AMETEK, with Mizuho, KeyCorp, Truist Financial, and Morgan Stanley increasing their estimates, resulting in a consensus average price target of $208.00 and a 'Moderate Buy' rating. AMETEK reported strong quarterly earnings of $1.78 EPS and $1.78 billion in revenue, exceeding estimates, with a 16.53% return on equity and 20.60% net margin. The company announced a quarterly dividend of $0.31 per share, resulting in an annualized dividend of $1.24 and a 0.7% yield. AMETEK operates globally, manufacturing electronic instruments and electromechanical devices across key industrial and aerospace segments. Shares rose to $182.39 on Monday, with a market cap of $42.12 billion and a price-to-earnings ratio of 29.37.

marketbeat.com

The global Data Acquisition (DAQ) system market was valued at $1.91 billion in 2024 and is projected to reach $3.2 billion by 2034, growing at a CAGR of 5.3%. Key growth drivers include IoT adoption, 5G development, smart city investments, and industrial automation. North America leads the market, accounting for 34.09% of the total, followed by Asia Pacific. Major players include Emerson Electric Co. (4.92% market share), HBK World (4.30%), Keysight Technologies Inc. (4.30%), and others. The market is fragmented, with top ten competitors holding up to 20.45% of the market. Top growth opportunities lie in the PXI segment, hardware, high-speed (>100 KS/S) segment, research and analysis, and defense applications. Asia Pacific and South America are expected to grow at the fastest rates. Market strategies focus on advanced solutions, partnerships, and digital marketing, particularly in USB DAQ devices, suspension data acquisition, and integrated DAQ ecosystems. Challenges include data security concerns and a limited skilled workforce.

globenewswire.com

The global Data Acquisition (DAQ) system market was valued at $1.91 billion in 2024 and is projected to grow to $3.2 billion by 2034 at a CAGR of 5.3%. Key growth drivers include IoT adoption, 5G development, smart city investments, industrial automation, and AI integration. North America currently dominates the market, accounting for 34.09% of the total, followed by Asia Pacific. Major players include Emerson Electric Co., HBK World, Keysight Technologies Inc., Dewesoft, Siemens AG, and Schneider Electric. The market is fragmented, with top ten competitors holding up to 20.45% of the market. Growth opportunities are strongest in the PXI, hardware, high-speed (>100 KS/S), research and analysis, and defense segments. Strategic initiatives focus on advanced DAQ systems, USB-powered devices, integrated ecosystems, and partnerships. Key challenges include a limited skilled workforce and data security concerns.

globenewswire.com

Morgan Stanley raised its price target for AMETEK (NYSE:AME) from $185.00 to $198.00, citing an equal weight rating. KeyCorp increased its target to $205.00 with an 'overweight' rating, while Mizuho raised its target to $225.00 with an 'outperform' rating. Wall Street Zen upgraded the stock from 'hold' to 'buy', and Robert W. Baird raised its target to $198.00 with a 'neutral' rating. Melius Research maintained a 'hold' rating. The company reported Q2 earnings of $1.78 EPS, exceeding estimates, with revenue of $1.78 billion and a 2.5% year-over-year increase. AMETEK has a market cap of $42.02 billion, a P/E ratio of 29.30, and a dividend of $0.31 per share, yielding 0.7%. Institutional investors own 87.43% of the company's shares, with notable purchases by Citizens Financial Group, Cetera Investment Advisers, Creative Planning, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and Police & Firemen s Retirement System of New Jersey. The company operates globally in electronic instruments and electromechanical devices across North America, Europe, Asia, and South America.

defenseworld.net

    Description

    AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices worldwide. It operates in two segments, Electronic Instruments (EIG) and Electromechanical (EMG). 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, pharmaceu...Show More

    Earnings

    Earnings per Share (Estimate*)

    0.511.52017-08-022019-07-302021-08-032023-08-012024-10-31

    Revenue (Estimate*)

    500M1B1.50B2B2017-08-022019-07-302021-08-032023-08-012024-10-31

    *Estimate based on analyst consensus