Zacks Research Estimates AMETEK’s Q4 Earnings (NYSE:AME)

AMETEK, Inc. (NYSE:AME) – Equities research analysts at Zacks Research lifted their Q4 2024 earnings estimates for AMETEK in a research note issued on Thursday, November 14th. Zacks Research analyst R. Department now forecasts that the technology company will earn $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.

AMETEK (NYSE:AME) last issued its quarterly earnings data on Thursday, October 31st. The technology company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.04. The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.71 billion. AMETEK had a net margin of 19.27% and a return on equity of 16.88%. The company’s revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.64 earnings per share.

AME has been the topic of several other reports. Wolfe Research upgraded shares of AMETEK to a “hold” rating in a research note on Wednesday, September 18th. StockNews.com downgraded shares of AMETEK from a “buy” rating to a “hold” rating in a research note on Friday. Mizuho upped their price target on shares of AMETEK from $190.00 to $200.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Robert W. Baird upped their price target 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. Finally, Royal Bank of Canada decreased their price target on shares of AMETEK from $216.00 to $215.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. One analyst has rated the stock with a sell rating, three have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, AMETEK has an average rating of “Moderate Buy” and a consensus price target of $197.86.

AMETEK Price Performance

Shares of AME opened at $193.10 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.39 and a quick ratio of 0.84. The company’s 50-day moving average is $173.59 and its 200-day moving average is $169.76. AMETEK has a fifty-two week low of $149.03 and a fifty-two week high of $196.70. The firm has a market capitalization of $44.67 billion, a PE ratio of 33.64, a PEG ratio of 3.15 and a beta of 1.16.

AMETEK Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 20th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.28 per share. 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 payout ratio is 19.51%.

Insiders Place Their Bets

In other news, insider David F. Hermance sold 6,243 shares of the firm’s stock in a transaction that occurred on 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 sale, the insider now directly owns 36,731 shares in the company, valued at approximately $7,015,253.69. This trade represents a 14.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven W. Kohlhagen sold 1,460 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of $171.59, for a total transaction of $250,521.40. Following the completion of the sale, the director now owns 23,349 shares in the company, valued at approximately $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. Corporate insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On AMETEK

A number of hedge funds have recently made changes to their positions in AME. EverSource Wealth Advisors LLC raised its holdings in AMETEK by 7.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 899 shares of the technology company’s stock valued at $157,000 after buying an additional 61 shares during the last quarter. MorganRosel Wealth Management LLC raised its holdings in AMETEK by 1.6% in the 2nd quarter. MorganRosel Wealth Management LLC now owns 3,886 shares of the technology company’s stock valued at $648,000 after buying an additional 61 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its holdings in AMETEK by 4.8% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 1,340 shares of the technology company’s stock valued at $224,000 after buying an additional 61 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in AMETEK by 2.4% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,639 shares of the technology company’s stock valued at $440,000 after buying an additional 62 shares during the last quarter. Finally, Checchi Capital Advisers LLC raised its holdings in AMETEK by 2.9% in the 2nd quarter. Checchi Capital Advisers LLC now owns 2,225 shares of the technology company’s stock valued at $371,000 after buying an additional 63 shares during the last quarter. 87.43% of the stock is currently owned by institutional investors and hedge funds.

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.