newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.

business / news / / Markets Insider

Andrew Obin from Bank of America Securities maintained a Buy rating on Ametek.

Bank of America Securities analyst Andrew Obin maintained a Buy rating on Ametek.

KEY POINTS
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. Memorial Day Sale – Claim 70% Off TipRanks Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter 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.
COMPANIES
Read the full story on Markets Insider →
Share X LinkedIn

Summarized by Newsio from Markets Insider. How we summarize →