AMETEK operates a high-quality industrial franchise with a wide economic moat, 20% operating margins, and a perfect four-quarter earnings beat streak averaging nearly 5% above estimates; the concern is not the business but the price — at a forward multiple of 26.2 times and a PEG near 3.0, with the stock just 1.2% below the analyst consensus target, the risk/reward is thin and the position warrants a trim.
Thesis pillars
- Wide Moat Margin Quality→Stable
- Rich Valuation Limits Entry↓Deteriorating
- Consistent Earnings Beat Execution→Stable
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 17, 2026
AMETEK, Inc. (AME) Stock Analysis
Industrials · Specialty Industrial Machinery
Wait for pullback to $237.37. At $251.78 the A.R:R is 0.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $237.37 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.6% away).
AMETEK manufactures electronic instruments (EIG segment: process, power, aerospace analytical gear) and electromechanical devices (EMG segment: precision motion, medical components, specialty metals) globally. The company posted $7,401.1 million in sales in 2025, selling through... Read more
Wait for pullback to $237.37. At $251.78 the A.R:R is 0.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $237.37 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.6% away). Chart setup: No clear chart pattern; technical signals are mixed. Earnings in 3 days. Wait until post-earnings. Score 5.7/10, moderate confidence.
Passes 5/8 gates (positive momentum, clean insider activity, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 3d<=7d. Suitability: moderate.
About AMETEK, Inc.
About AMETEK, Inc.
AMETEK's two operating groups generated $7,401.1 million in net sales in 2025, a 6.6% increase over 2024. EIG split 70% process/analytical instrumentation and 30% aerospace/power, while EMG divided 70% automation/engineered solutions and 30% aerospace. The company employed approximately 22,200 people—12,800 in EIG, 9,400 in EMG—across manufacturing facilities in 22 countries, with international sales reaching 48.2% of consolidated net sales.
AMETEK earns revenue by selling highly differentiated instruments and components to industrial, aerospace/defense, medical, and process OEM customers. EIG supplies analytical and test/measurement instruments to pharmaceutical, semiconductor, food/beverage, oil/gas, and power generation industries, and delivers airborne data systems, turbine sensors, and embedded computing to commercial and military aerospace. EMG provides single-use and consumable surgical instruments, precision motion control solutions, specialty metals, and thermal management systems, and operates a global aviation MRO network across facilities in the United States, Europe, and Asia. Distribution is primarily through direct sales forces for technically sophisticated products, supplemented by distributors and specialized representatives. AMETEK completed two acquisitions in 2025 for a combined $933.2 million—Kern Microtechnik in January for high-precision machining, and FARO Technologies in July for 3D measurement and imaging. No EIG customer exceeds 2% of EIG net sales; no EMG customer exceeds 5%.
Show full overview
The 10-K discloses that certain raw materials, including base metals and steel components available from only a limited number of suppliers, are subject to commodity price fluctuations that could weigh on margins. Several end markets—aerospace/defense, oil/gas, and process instrumentation—are explicitly flagged as cyclical, with demand tied to customers' capital spending budgets and government funding policies. AMETEK's 70-plus-year track record as an established aerospace supplier and long-standing relationships with aircraft and jet engine OEMs provide some buffer against cycle swings, but the filing notes visibility is limited particularly for markets served through distribution.
See also: Industrials · Specialty Industrial Machinery
From AMETEK, Inc.'s most recent 10-K filing, extracted June 9, 2026.
Recent developments
updated 2026-10-30Recent Developments — AMETEK, Inc.
Latest news
- NEWS AMETEK Earnings: What To Look For From AME - StockStory — StockStory neutral
- NEWS AMETEK Earnings: What To Look For From AME - TradingView — TradingView neutral
- NEWS AME DCF Analysis: Intrinsic Value $110 vs Price $246 - GuruFocus — GuruFocus neutral
- NEWS Ametek (AME) Q3 2024 Earnings Transcript - The Motley Fool — The Motley Fool neutral
- NEWS AME DCF Analysis: Intrinsic Value $147 vs Price $234 - GuruFocus — GuruFocus neutral
Generated 2026-10-30T11:22:45Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomerEMG five largest customers15%10-K Item 1: 'Approximately 15% of EMG's 2025 net sales were made to its five largest customers. No single customer comprises greater than 5% of net sales.'
Material Events(8-K, last 90d)
- 2026-05-08Item 5.02LOWNick L. Stanage appointed to AMETEK Board of Directors as Class III independent director effective May 7, 2026, serving until 2027 Annual Meeting. No arrangement with any other person cited. Successor to no departing director named.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $237.37. At $251.78 the A.R:R is 0.1:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $237.37 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Near 52-week high (3.6% away). Chart setup: No clear chart pattern; technical signals are mixed. Earnings in 3 days. Wait until post-earnings. Target $253.85 (+0.8%), stop $227.40 (−10.7%), A.R:R 0.1:1. Score 5.7/10, moderate confidence.
Take-profit target: $253.85 (+0.8% upside). Target $253.85 (+0.8%), stop $227.40 (−10.7%), A.R:R 0.1:1. Stop-loss: $227.40.
Analyst target reached - limited upside remaining; Near 52-week high (3.6% away); Sector modifier (Industrials): -0.7.
AMETEK, Inc. trades at a P/E of 36.8 (forward 26.4). TrendMatrix value score: 3.9/10. Verdict: Buy (Wait for Entry).
25 analysts cover AME with a consensus score of 3.8/5. Average price target: $282.
What does AMETEK, Inc. do?AMETEK manufactures electronic instruments (EIG segment: process, power, aerospace analytical gear) and...
AMETEK manufactures electronic instruments (EIG segment: process, power, aerospace analytical gear) and electromechanical devices (EMG segment: precision motion, medical components, specialty metals) globally. The company posted $7,401.1 million in sales in 2025, selling through direct sales forces and distributors to industrial, aerospace, and medical OEM customers.