AMETEK stock gained 1.14 percent as RBC set a USD 291 target

Published on 10/04/2026 at 23:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC Capital began coverage on October 2 with a USD 291 target, while AMETEK's Q2 revenue reached USD 2.04 billion. Adjusted EPS beat consensus by USD 0.10.

NYSE-Handelssaal mit AME-Ticker-Anzeigen und Elektroniksektor-Kursverläufen für AMETEK Inc — AMETEK Inc. NYSE Handelssaal mit AME Ticker und Elektroniksektor Charts, gehandelt unter ISIN US0311001004, Illustration mit AI erstellt.

AMETEK Inc. (ISIN US0311001004) stock closed at USD 251.93 on the NYSE on October 2, 2026, gaining USD 2.84, or 1.14 percent. According to Investing.com, RBC Capital began coverage that day with a Buy rating and a USD 291 price target.

RBC sets a USD 291 target

The RBC target stands USD 39.07 above the October 2 closing price, equivalent to 15.51 percent upside. The same analyst page lists a USD 280.28 average 12-month target, which is 11.25 percent above the stock's NYSE close.

The analyst action comes after AMETEK delivered a strong second quarter. MarketBeat reported that Q2 2026 adjusted EPS was USD 2.09, ahead of the USD 1.99 consensus, while revenue rose 15 percent year over year to USD 2.04 billion.

Revenue growth supports guidance

AMETEK's latest quarterly figures also show the scale of the operating base. Finance results for Q2 2026 put consolidated net income at USD 406.9 million and operating margin at 26.0 percent, while revenue increased from USD 1.93 billion in Q1 2026 to USD 2.04 billion in Q2.

MarketBeat said management set Q3 2026 adjusted EPS guidance at USD 2.08-2.10 and full-year 2026 guidance at USD 8.20-8.30. The figures frame the RBC target against an earnings outlook that is higher than AMETEK's earlier full-year range of USD 7.94-8.14.

Consensus remains positive

Investing.com lists a Buy consensus from 20 analysts, with a USD 280.28 average target, a USD 217 low and a USD 318 high. That spread shows a meaningful difference between the lowest and highest published views, even as the average remains above the current share price.

AMETEK operates through Electronic Instruments and Electromechanical groups, serving process, aerospace, power, medical, automation and industrial markets. The company describes its strategy as a combination of niche-market exposure, new products, operational improvement and acquisitions, including electronic instruments and engineered electromechanical devices.

AMETEK stock stays near its yearly high

AMETEK stock closed at USD 251.93 on October 2, 2026, with a 52-week range of USD 179.24 to USD 261.16. Its market capitalization was USD 57.7 billion and trading volume was 1,585,887 shares on that session.