Ametek initiated with an Outperform at BMO Capital

BMO Capital analyst Daniel DiCicco initiated coverage of Ametek (AME) with an Outperform rating and $253 price target The stock lagged industrials in 2025 but sets up well for 2026 and beyond, with shorter-cycle businesses bottoming and potentially inflecting, diversified exposure across core structural themes, and sound capital deployment, providing consistent returns in the low-double-digit to mid-teens range, the analyst tells investors in a research note. BMO adds Ametek should be a core holding.