Ametek (AME)
NYSEIndustrialsSpecialty Industrial MachinerySnapshot 2026-07-08
$231.29-0.18%
Close 2026-07-08 · 1-day change
Reading AME? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track AME free→NYSEIndustrialsSpecialty Industrial MachinerySnapshot 2026-07-08
Reading AME? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track AME free→A long-form read on the 1–3 year hold thesis. Slower and deeper than the daily snapshot — it refreshes only when the evidence moves.
This investment represents a durable compounder with a focus on consistent earnings growth and shareholder returns. The current thesis state is stable, supported by recent strong financial performance and a commitment to increasing dividends.
The market appears to have priced in a neutral valuation, with AME being viewed as cheap compared to its peers. There is a slight expectations gap, indicating that the market may not fully account for the potential upside from continued strong performance.
Fundamentals are likely to remain strong, as management is on track to increase earnings per share (EPS) guidance and has a history of raising dividends. However, there is a low probability of missing earnings expectations, but caution is warranted due to a recent history of misses.
The thesis hinges on the performance of sector bellwethers like GEV, ETN, and PH. If these companies continue to beat earnings and guide higher, it could provide a favorable backdrop for AME. Conversely, any negative guidance from these peers could impact AME's momentum.
In the next 1 to 3 years, AME's performance will depend on its ability to execute on its growth strategies and the broader industrial sector's health. Not investment advice.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. This improvement is driven by the latest earnings beat and the continued success in strategic acquisitions, which align with the company's goals. Additionally, a positive analyst valuation supports the favorable outlook for AME.
as of 2026-07-08
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: An increase in EPS guidance would show strong earnings momentum and confidence in growth.
Confirms:Management raises adjusted EPS guidance to more than $8.14 for 2026.
Disproves:Management keeps adjusted EPS guidance at or below $8.14 for 2026.
Why it matters: Earnings results will show revenue growth and margin performance.
Confirms one read:Q2 earnings show revenue growth above 5% year over year.
Confirms the other:Q2 earnings show revenue growth below 5% year over year.
Why it matters: This report will show if AMETEK continues its trend of increasing earnings per share. Investors will look for signs of growth in revenue and margins.
Confirms:Earnings per share were over $1.25. This shows continued growth.
Disproves:Earnings per share were below $1.00. This suggests a decline in performance.
Why it matters: Sector growth trends impact AMETEK's performance and outlook.
Confirms one read:Sector revenue growth speeds up above 5%. This supports AMETEK's growth.
Confirms the other:Sector revenue growth slows down. This shows challenges for AMETEK.
Why it matters: How the sector performs can affect AMETEK's growth and market conditions.
Confirms one read:Sector revenue growth speeds up to over 5% year over year.
Confirms the other:Sector revenue growth slows down to below 3% year over year.
Why it matters: Strong cash flow helps growth and dividends. A decline may show operational problems.
Confirms one read:Operating cash flow was over $300 million this quarter.
Confirms the other:Operating cash flow was below $250 million this quarter.
Why it matters: Acquisitions can help AMETEK grow. They can also improve its market position.
Confirms:A new acquisition that fits AMETEK's growth plan is announced.
Disproves:No new acquisitions announced in the next quarter.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Why it matters: Increasing dividends show strong cash flow. It shows management believes in future earnings.
Confirms:Announcement of a dividend increase above $0.34 per share.
Disproves:No dividend increase was announced. This suggests cash flow issues.