AMETEK stock outlook rises after record third-quarter sales
Published on 11/04/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord quarter lifts full-year outlook
- AMETEK reported record third-quarter sales and stronger operating performance.
- Management raised its full-year outlook after completing the Indicor Instrumentation acquisition.
- The company expects continued growth in the fourth quarter.
AMETEK raised its full-year outlook after reporting record third-quarter results on Tuesday, November 3. In a company release, the industrial technology group said sales for the quarter ended September 30 reached a record 2.22 billion US dollars, up 17 percent from a year earlier.
What changed after the third quarter
Adjusted earnings rose 17 percent to 2.21 US dollars per diluted share, while GAAP earnings reached 1.85 US dollars per diluted share. Adjusted operating income increased 20 percent to 594.7 million US dollars, and the adjusted operating margin expanded to 26.8 percent.
Operating cash flow rose 27 percent to 560.6 million US dollars. AMETEK said free cash flow conversion reached 124 percent of net income, underscoring the cash-generation profile that supports its acquisition strategy.
Management now expects 2026 adjusted earnings per diluted share of 8.53 to 8.57 US dollars, compared with the previous range of 8.20 to 8.30 US dollars. Full-year sales are expected to increase in the mid-teens percentage range, while fourth-quarter sales are projected to rise in the low 20 percent range.
Indicor adds to the growth outlook
AMETEK completed the acquisition of Indicor Instrumentation during the third quarter. The company cited contributions from recent acquisitions, strong organic sales and order growth, and operating improvements as drivers of the stronger outlook. Fourth-quarter adjusted earnings are expected to range from 2.26 to 2.30 US dollars per share.
AMETEK stock traded at 209.75 euros on Lang & Schwarz at 16:04 CET on Wednesday, November 4, 2026. The real-time quote of AMETEK stock is available separately.
AMETEK Inc. at a glance
- Company: AMETEK Inc.
- ISIN: US0311001004
- Ticker: AME
- Exchange: NYSE
- Lang & Schwarz quote: 209.75 euros at 16:04 CET on November 4, 2026
- Index: S&P 500
The broader US equity market provides the relevant backdrop for AMETEK investors, with the S&P 500 as the company's disclosed index.
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