TD Cowen has upgraded AMETEK Inc (AME) from Hold to Buy, signaling a more optimistic outlook on the company's future. The upgrade, effective December 22, 2025, comes as AMETEK continues to demonstrate strong fundamentals in the electrical equipment sector.
Headquartered in Berwyn, Pennsylvania, AMETEK engages in the manufacture of electronic instruments and electromechanical devices, employing approximately 21,500 full-time staff. The company operates through two segments: the Electronic Instruments Group (EIG) and the Electromechanical Group (EMG). EIG designs and produces advanced analytical and measurement instruments for various markets, including aerospace and medical. Meanwhile, EMG focuses on engineered medical components and automation solutions.
As of December 18, 2025, AMETEK boasts a market capitalization of $46.0 billion, a P/E ratio of 31.33, and an impressive dividend yield of 62.0%. The company is set to report its upcoming earnings on July 29, 2026, with an estimated EPS of $1.97 and revenue expectations of $2.0 billion.
This upgrade from TD Cowen reflects a shift in analyst sentiment, possibly due to improved business performance or enhanced confidence in AMETEK's strategic direction. Analyst ratings are valuable insights based on research and financial models, but they should be considered alongside other factors such as company fundamentals and market trends.
AMETEK's recent earnings performance has shown consistent growth, with the third quarter of 2025 reporting an EPS of $1.89, surpassing estimates by 6.4%. This trend of exceeding expectations highlights the company's strong operational capabilities and market positioning.
Analyst consensus currently stands at Buy, with 3 Strong Buy, 11 Buy, and 9 Hold ratings among 23 total analysts. The recent upgrade by TD Cowen adds to the positive sentiment surrounding AMETEK, which has seen several analysts maintain or adjust their ratings in recent months.
Such decisions reflect a broader confidence in the electrical equipment industry and AMETEK's role within it.