Zacks Research Has Negative Outlook of AMETEK Q1 Earnings

AMETEK, Inc. (NYSE:AME - Free Report) - Zacks Research reduced their Q1 2025 EPS estimates for AMETEK in a note issued to investors on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the technology company will post earnings of $1.69 per share for the quarter, down from their previous estimate of $1.71. The consensus estimate for AMETEK's current full-year earnings is $7.15 per share. Zacks Research also issued estimates for AMETEK's Q2 2025 earnings at $1.75 EPS, Q3 2025 earnings at $1.79 EPS, Q4 2025 earnings at $1.90 EPS, FY2025 earnings at $7.13 EPS, Q1 2026 earnings at $1.78 EPS, Q2 2026 earnings at $1.88 EPS, Q3 2026 earnings at $1.95 EPS, Q4 2026 earnings at $2.04 EPS, FY2026 earnings at $7.64 EPS and FY2027 earnings at $8.15 EPS.

AMETEK (NYSE:AME - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported $1.87 EPS for the quarter, topping the consensus estimate of $1.85 by $0.02. AMETEK had a net margin of 19.83% and a return on equity of 16.94%. The business had revenue of $1.76 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the firm posted $1.68 earnings per share. The business's revenue for the quarter was up 1.8% compared to the same quarter last year.

A number of other research analysts also recently issued reports on AME. Robert W. Baird decreased their target price on shares of AMETEK from $200.00 to $197.00 and set a "neutral" rating for the company in a research report on Wednesday, February 5th. StockNews.com upgraded shares of AMETEK from a "hold" rating to a "buy" rating in a research report on Friday. BNP Paribas upgraded shares of AMETEK from a "neutral" rating to an "outperform" rating and set a $210.00 target price for the company in a research report on Thursday, January 16th. Truist Financial boosted their target price on shares of AMETEK from $221.00 to $222.00 and gave the company a "buy" rating in a research report on Thursday, January 16th. Finally, Mizuho boosted their target price on shares of AMETEK from $190.00 to $200.00 and gave the company an "outperform" rating in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $204.67.

AMETEK Stock Performance

Shares of NYSE:AME traded down $2.67 on Thursday, hitting $186.11. 1,202,695 shares of the company were exchanged, compared to its average volume of 1,323,194. The firm has a market capitalization of $43.05 billion, a P/E ratio of 31.38, a price-to-earnings-growth ratio of 2.77 and a beta of 1.16. The stock's 50 day moving average price is $182.98 and its 200 day moving average price is $177.84. AMETEK has a 1-year low of $149.03 and a 1-year high of $198.33. The company has a current ratio of 1.24, a quick ratio of 0.75 and a debt-to-equity ratio of 0.15.

Institutional Trading of AMETEK

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Ascent Group LLC increased its stake in shares of AMETEK by 7.8% during the fourth quarter. Ascent Group LLC now owns 32,885 shares of the technology company's stock worth $5,928,000 after purchasing an additional 2,393 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in AMETEK by 3.1% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,761,312 shares of the technology company's stock valued at $317,494,000 after acquiring an additional 53,363 shares in the last quarter. Mackenzie Financial Corp grew its stake in AMETEK by 0.9% during the 4th quarter. Mackenzie Financial Corp now owns 20,163 shares of the technology company's stock valued at $3,635,000 after acquiring an additional 176 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in AMETEK during the 4th quarter valued at about $14,479,000. Finally, Vise Technologies Inc. grew its stake in AMETEK by 79.8% during the 4th quarter. Vise Technologies Inc. now owns 3,843 shares of the technology company's stock valued at $693,000 after acquiring an additional 1,706 shares in the last quarter. Hedge funds and other institutional investors own 87.43% of the company's stock.

Insiders Place Their Bets

In other news, insider Emanuela Speranza sold 6,747 shares of the business's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $195.90, for a total transaction of $1,321,737.30. Following the completion of the sale, the insider now owns 30,460 shares of the company's stock, valued at $5,967,114. The trade was a 18.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.61% of the company's stock.

AMETEK announced that its Board of Directors has initiated a stock repurchase plan on Friday, February 7th that allows the company to buyback $1.25 billion in shares. This buyback authorization allows the technology company to buy up to 2.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

AMETEK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.31 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.67%. This is an increase from AMETEK's previous quarterly dividend of $0.28. AMETEK's dividend payout ratio is 18.89%.

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.