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Ametek (AME) Receives a Buy from Bank of America Securities

Tipranks - Sun May 31, 12:28AM CDT

In a report released yesterday, Andrew Obin from Bank of America Securities maintained a Buy rating on Ametek. The company’s shares closed yesterday at $225.85.

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According to TipRanks, Obin is a 5-star analyst with an average return of 20.6% and a 67.69% success rate. Obin covers the Industrials sector, focusing on stocks such as Vertiv Holdings, Ametek, and ITT.

Currently, the analyst consensus on Ametek is a Strong Buy with an average price target of $255.67.

Based on Ametek’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.93 billion and a net profit of $399.36 million. In comparison, last year the company earned a revenue of $1.73 billion and had a net profit of $351.76 million

Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AME in relation to earlier this year. Most recently, in March 2026, THOMAS A AMATO, a Director at AME sold 530.00 shares for a total of $114,893.40.

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