Ametek (AME)

• Market cap: $41.8B
• 1 day: -0.07%
• 5 days: 3.58%
• 1 month: -3.20%
• 3 months: 6.51%
• 6 months: 3.26%
• Year to date: 1.35%
• 1 year: 12.91%
• 5 years: 77.57%
• 10 years: 272.95%
• 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 (EIG) and electromechanical group (EMG). EIG sells a broad portfolio of analytical, test, and measurement instruments, while 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 Q3 regulatory filings by fund managers ($100M+ AUM)

425% more call options, than puts

Call options by funds: $40M | Put options by funds: $7.63M

26% more first-time investments, than exits

New positions opened: 101 | Existing positions closed: 80

6% more funds holding in top 10

Funds holding in top 10: 16 [Q2] → 17 (+1) [Q3]

1% more funds holding

Funds holding: 887 [Q2] → 899 (+12) [Q3]

5% more repeat investments, than reductions

Existing positions increased: 335 | Existing positions reduced: 319

3% less capital invested

Capital invested by funds: $35.6B [Q2] → $34.6B (-$1.04B) [Q3]

5.31% less ownership

Funds ownership: 92.35% [Q2] → 87.05% (-5.31%) [Q3]

Research analyst outlook

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

• Low target: $186 3% upside
• Avg. target: $210 16% upside
• High target: $225 24% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Truist Securities Jamie Cook 66% 1-year accuracy 57 / 86 met price target	23% upside $222	Buy Maintained	16 Jan 2025
B of A Securities Andrew Obin 88% 1-year accuracy 21 / 24 met price target	25% upside $225	Buy Upgraded	16 Dec 2024
Keybanc Steve Barger 32% 1-year accuracy 9 / 28 met price target	19% upside $215	Overweight Maintained	22 Nov 2024
Baird Richard Eastman 77% 1-year accuracy 17 / 22 met price target	3% upside $186	Neutral Maintained	4 Nov 2024
Mizuho Brett Linzey 87% 1-year accuracy 26 / 30 met price target	11% upside $200	Outperform Maintained	1 Nov 2024