AMETEK, Inc. (AME) Analysts See $0.72 EPS

April 26, 2018 - By Winifred Garcia

AMETEK, Inc. (NYSE:AME) LogoInvestors sentiment increased to 1.29 in Q4 2017. Its up 0.09, from 1.2 in 2017Q3. It increased, as 30 investors sold AMETEK, Inc. shares while 150 reduced holdings. 69 funds opened positions while 163 raised stakes. 192.20 million shares or 0.03% more from 192.13 million shares in 2017Q3 were reported.
34,625 are owned by Mendel Money Management. Manufacturers Life Insurance The has 414,897 shares. Oregon Employees Retirement Fund accumulated 24,311 shares. Aperio Limited Liability Company accumulated 117,658 shares or 0.04% of the stock. Sector Pension Invest Board invested in 25,158 shares or 0.01% of the stock. First Savings Bank & Of Newtown invested in 0.07% or 3,450 shares. Counsel accumulated 3,225 shares. Gamco Invsts Et Al stated it has 1.75 million shares. Sandy Spring Bancshares stated it has 0.03% in AMETEK, Inc. (NYSE:AME). Hightower Advsrs Ltd Liability Corp has 0.04% invested in AMETEK, Inc. (NYSE:AME) for 68,575 shares. Amp Capital Invsts stated it has 0.07% of its portfolio in AMETEK, Inc. (NYSE:AME). Benjamin F Edwards And has 4,416 shares for 0.03% of their portfolio. Mitsubishi Ufj And Bk reported 464,639 shares stake. 334 were accumulated by Commonwealth Financial Bank Of. Point72 Asset Management L P accumulated 0.06% or 184,129 shares.

Since December 11, 2017, it had 0 insider purchases, and 13 sales for $9.09 million activity. Kohlhagen Steven W sold $393,199 worth of stock or 5,000 shares. On Wednesday, February 7 the insider VARET ELIZEBETH R sold $470,375. On Monday, February 26 Hardin John Wesley sold $2.04 million worth of AMETEK, Inc. (NYSE:AME) or 25,965 shares. Conti Anthony James also sold $316,476 worth of AMETEK, Inc. (NYSE:AME) shares. Another trade for 25,965 shares valued at $1.86 million was sold by ZAPICO DAVID A. Another trade for 16,368 shares valued at $1.26M was sold by EGINTON WILLIAM D.

Analysts expect AMETEK, Inc. (NYSE:AME) to report $0.72 EPS on May, 2 before the open.They anticipate $0.12 EPS change or 20.00 % from last quarter’s $0.6 EPS. AME’s profit would be $166.71 million giving it 24.98 P/E if the $0.72 EPS is correct. After having $0.70 EPS previously, AMETEK, Inc.’s analysts see 2.86 % EPS growth. The stock increased 0.18% or $0.13 during the last trading session, reaching $71.95. About 2.43 million shares traded or 111.04% up from the average. AMETEK, Inc. (NYSE:AME) has risen 40.32% since April 26, 2017 and is uptrending. It has outperformed by 28.77% the S&P500.

AMETEK, Inc. (NYSE:AME) Ratings Coverage

Among 9 analysts covering Ametek Inc (NYSE:AME), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ametek Inc had 21 analyst reports since October 26, 2017 according to SRatingsIntel. The company was maintained on Sunday, December 10 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets on Wednesday, January 3 with “Buy”. On Thursday, January 25 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm earned “Buy” rating on Thursday, January 18 by KeyBanc Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $84.0 target in Friday, January 19 report. The stock has “Buy” rating by Wells Fargo on Thursday, January 18. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Friday, February 2. BMO Capital Markets maintained it with “Buy” rating and $90.0 target in Thursday, February 1 report. The company was maintained on Friday, November 3 by Morgan Stanley. On Tuesday, March 13 the stock rating was maintained by Cowen & Co with “Buy”.

AMETEK, Inc. manufactures electronic instruments and electromechanical devices worldwide. The company has market cap of $16.66 billion. The Company’s Electronic Instruments Group segment offers advanced instruments for the process, power and industrial, and aerospace markets; process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor, and automation markets; instruments for the laboratory equipment, ultraprecision manufacturing, medical, and test and measurement markets; and vision systems to inspect surfaces. It has a 24.47 P/E ratio. This segment also provides aircraft and engine sensors, monitoring systems, power instruments, data acquisition units, and fuel and fluid measurement systems for the aerospace industry; power quality monitoring and metering devices, industrial battery chargers, uninterruptible power supplies, programmable power and electrical test equipment, and gas turbine sensors; and dashboard instruments for heavy trucks and other vehicles, as well as timing controls and cooking computers for the food service industry.

AMETEK, Inc. (NYSE:AME) Institutional Positions Chart

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