TD Cowen has upgraded AMETEK Inc (AME) to a Hold rating from Sell, effective September 1, 2025. This move underscores a more optimistic view on the company’s prospects, suggesting improved fundamentals or enhanced confidence in its strategic direction.
AMETEK, headquartered in Berwyn, Pennsylvania, manufactures electronic instruments and electromechanical devices. The firm operates through two primary segments: the Electronic Instruments Group (EIG) and the Electromechanical Group (EMG). EIG designs advanced analytical and measurement instruments for various markets, including aerospace and medical. EMG focuses on engineered medical components and automation solutions. As of November 20, 2025, AMETEK boasts a market capitalization of $43.8 billion and a price-to-earnings ratio of 29.79, with an earnings per share of 6.34 and a dividend yield of 64.7%.
The upgrade reflects a shift in analyst sentiment, which can often indicate a company's potential for growth. Analyst ratings and price targets serve as professional opinions based on extensive research and financial models. However, it is crucial for investors to consider multiple factors, including company fundamentals and industry trends, when making investment decisions. Analyst views should be one of several inputs rather than the sole basis for investment choices.
AMETEK is scheduled to report its upcoming earnings on July 29, 2026, with an estimated EPS of $1.97 and revenue of $2.0 billion. Recent performance has shown positive surprises, including a Q3 2025 EPS of $1.89, exceeding estimates by 6.4%. This consistent performance may further support the recent upgrade.
Analyst consensus currently stands at 3 Strong Buy, 11 Buy, and 9 Hold ratings, indicating a generally favorable outlook on AMETEK’s future performance.