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RBC Capital Maintains a Buy Rating for Ametek, with a Target Price of $291
Businessinsider
1h ago
Ai Focus
Analyst Jeff Reive maintained a "buy" rating on Ametek on October 13, setting a target price of $291. The latest financial report from Ametek shows that quarterly revenue as of June 30 was $2.04 billion, with a net profit of $406.9 million.
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Analyst Jeff Reive maintained a "buy" rating on Ametek on October 13, setting a target price of $291.00. The company's stock closed at $250.48 yesterday.

According to the data from TipRanks, Reive has an average return of -12.3% as an analyst, with a success rate of 21.05%. Reive covers the industrial sector, with a focus on stocks such as Mueller Water Products, Watts Water Technologies, and Zurn Water Solutions.

Overall, Wall Street analysts have unanimously rated Ametek as 'moderate buy', with an average target price of $284.00.

According to the latest financial report for the quarter ending June 30th as per Ametek, the company's revenue for that quarter was 2.04 billion US dollars, with a net profit of 406.9 million US dollars. In comparison, the revenue for the same period last year was 1.78 billion US dollars, and the net profit was 358.37 million US dollars.

Based on recent insider trading activities involving 81 insiders, the sentiment among corporate insiders regarding this stock is neutral. The most recent instance occurred in August 2026, when AME Director Nick Stanage purchased 4,000 shares for a total amount of $1,023,400.00.

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