Ametek (AME)
NYSEIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
$237.72+1.50%
Close 2026-09-04 · 1-day change
NYSEIndustrialsElectrical Equipment & PartsSnapshot 2026-09-04
Intact: The reason to own it still holds.
Ametek grows earnings steadily with EPS guidance raised to $8.14 in 2026. It keeps buying companies to grow its business. The company raised its quarterly dividend to $0.34 per share. Profit and cash flow remain solid despite a mild market pullback.
Ametek cut guidance recently, showing risks to earnings growth. Acquisitions may not add enough value. Market headwinds could slow revenue growth below 7.6% expected by analysts.
The price is about 2% above our fair value near $237. Analysts expect about 8% revenue growth. Our fair value is 10% below the Street median, so the market is fairly priced.
Breaks if: Dividend falls below $0.31 per share quarterly
Breaks if: EPS falls below $7.06 in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on consistent earnings growth and strategic acquisitions. The current thesis state is intact, supported by recent financial performance and management's commitment to growth.
The valuation is considered expensive relative to peers, with a premium of 0.88. The market appears to have priced in a slight expectations gap, indicating that investors may be cautious about future performance.
Fundamentals are likely to show continued growth, as management is on track to achieve double-digit EPS growth and has successfully integrated recent acquisitions. However, there is a low probability of missing guidance, though the industry has a history of higher miss rates.
The thesis hinges on the performance of sector bellwethers like ETN, VRT, and BE. If these companies continue to beat earnings and guide higher, it could provide positive momentum for AME. Conversely, any negative guidance from these peers could pose risks to AME's growth outlook.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports an increase in EPS guidance. Strong sales are likely to drive double-digit EPS growth with raised full-year guidance.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
AMETEK aims to increase its earnings per share guidance for 2026.
Breaks if: Revenue growth falls below 5% YoY
AMETEK aims to increase its earnings per share guidance for 2026.
Breaks if: No strategic acquisitions completed in FY26
AMETEK focuses on completing strategic acquisitions to enhance its portfolio.
In the 1-3 year view, AME's fundamentals and management execution appear strong, but external sector performance will be crucial. Not investment advice.