Ametek (AME)

• Market cap: $42.9B
• 1 day: -1.37%
• 5 days: 1.13%
• 1 month: 0.81%
• 3 months: -4.89%
• 6 months: 12.24%
• Year to date: 4.41%
• 1 year: 6.52%
• 5 years: 87.43%
• 10 years: 255.26%
• Sector: Industrials
• Industry: Industrial Instruments for Measurement, Display, and Control

About: Founded in 1930 and transformed over the decades through the acquisition of dozens of esteemed brands, Ametek owns a collection of over 40 autonomous industrial businesses operating within the research, aerospace, energy, medical, and manufacturing industries. Ametek segments its business into two operating groups: the electronic instruments group and the electromechanical group. The EIG sells a broad portfolio of analytical, test, and measurement instruments, while the EMG sells highly engineered components, interconnects, and specialty metals. The company emphasizes product differentiation and market leadership in the niche markets where it operates.

Employees: 21,500

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

137% more first-time investments, than exits

New positions opened: 123 | Existing positions closed: 52

116% more call options, than puts

Call options by funds: $59.3M | Put options by funds: $27.4M

18% more funds holding in top 10

Funds holding in top 10: 17 [Q3] → 20 (+3) [Q4]

4% more funds holding

Funds holding: 902 [Q3] → 942 (+40) [Q4]

3% more capital invested

Capital invested by funds: $34.6B [Q3] → $35.8B (+$1.15B) [Q4]

3% less repeat investments, than reductions

Existing positions increased: 335 | Existing positions reduced: 347

1.27% less ownership

Funds ownership: 87.05% [Q3] → 85.78% (-1.27%) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $197 6% upside
• Avg. target: $215 15% upside
• High target: $225 21% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Baird Richard Eastman 68% 1-year accuracy 15 / 22 met price target	6% upside $197	Neutral Maintained	5 Feb 2025
Truist Securities Jamie Cook 60% 1-year accuracy 54 / 90 met price target	19% upside $222	Buy Maintained	16 Jan 2025
B of A Securities Andrew Obin 76% 1-year accuracy 19 / 25 met price target	21% upside $225	Buy Upgraded	16 Dec 2024
Keybanc Steve Barger 38% 1-year accuracy 11 / 29 met price target	15% upside $215	Overweight Maintained	22 Nov 2024