Researchers at Stifel Nicolaus Reconfirmed their Buy rating for Ametek (AME). The Price Target is Set to $84.0; Elm Ridge Management Lowered Patterson Uti Energy (PTEN) Stake By $759,080

Among 13 analysts covering AMETEK (NYSE:AME), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. AMETEK has $88.0 highest and $30 lowest target. $71.83’s average target is -6.69% below currents $76.98 stock price. AMETEK had 53 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 6 by Robert W. Baird. Cowen & Co maintained the shares of AME in report on Thursday, December 21 with “Buy” rating. The firm has “Buy” rating given on Friday, September 15 by KeyBanc Capital Markets. The company was downgraded on Friday, April 29 by Robert W. Baird. The stock of AMETEK, Inc. (NYSE:AME) earned “Buy” rating by Wells Fargo on Thursday, January 18. BMO Capital Markets initiated the stock with “Outperform” rating in Tuesday, April 5 report. The stock of AMETEK, Inc. (NYSE:AME) has “Buy” rating given on Thursday, October 29 by Bank of America. The firm earned “Buy” rating on Thursday, October 26 by Cowen & Co. The rating was upgraded by Atlantic Securities on Wednesday, February 15 to “Overweight”. Atlantic Securities downgraded the stock to “Neutral” rating in Friday, April 29 report.

Elm Ridge Management Llc decreased Patterson Uti Energy Inc (PTEN) stake by 7.16% reported in 2017Q3 SEC filing. Elm Ridge Management Llc sold 37,954 shares as Patterson Uti Energy Inc (PTEN)’s stock declined 16.81%. The Elm Ridge Management Llc holds 492,005 shares with $10.30M value, down from 529,959 last quarter. Patterson Uti Energy Inc now has $5.45 billion valuation. The stock increased 2.51% or $0.6 during the last trading session, reaching $24.48. About 2.95 million shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since January 21, 2017 and is uptrending. It has outperformed by 16.21% the S&P500.

AMETEK, Inc. manufactures electronic instruments and electromechanical devices worldwide. The company has market cap of $17.79 billion. The Company’s Electronic Instruments Group segment offers advanced instruments for the process, power and industrial, and aerospace markets; process and analytical instruments for the oil, gas, petrochemical, pharmaceutical, semiconductor, and automation markets; instruments for the laboratory equipment, ultraprecision manufacturing, medical, and test and measurement markets; and vision systems to inspect surfaces. It has a 32.36 P/E ratio. This segment also provides aircraft and engine sensors, monitoring systems, power instruments, data acquisition units, and fuel and fluid measurement systems for the aerospace industry; power quality monitoring and metering devices, industrial battery chargers, uninterruptible power supplies, programmable power and electrical test equipment, and gas turbine sensors; and dashboard instruments for heavy trucks and other vehicles, as well as timing controls and cooking computers for the food service industry.

Analysts await AMETEK, Inc. (NYSE:AME) to report earnings on February, 6. They expect $0.67 EPS, up 15.52% or $0.09 from last year’s $0.58 per share. AME’s profit will be $154.85 million for 28.72 P/E if the $0.67 EPS becomes a reality. After $0.66 actual EPS reported by AMETEK, Inc. for the previous quarter, Wall Street now forecasts 1.52% EPS growth.

The stock increased 1.20% or $0.91 during the last trading session, reaching $76.98. About 1.65 million shares traded or 27.99% up from the average. AMETEK, Inc. (NYSE:AME) has risen 27.71% since January 21, 2017 and is uptrending. It has outperformed by 11.01% the S&P500.

Investors sentiment increased to 1.2 in Q3 2017. Its up 0.21, from 0.99 in 2017Q2. It improved, as 27 investors sold AMETEK, Inc. shares while 146 reduced holdings. 56 funds opened positions while 151 raised stakes. 192.13 million shares or 2.08% less from 196.23 million shares in 2017Q2 were reported. 40,132 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). Comml Bank Of Mellon accumulated 1.94 million shares. Carderock Capital Management reported 1.36% in AMETEK, Inc. (NYSE:AME). Goldman Sachs Grp Inc invested 0.03% in AMETEK, Inc. (NYSE:AME). Perigon Wealth invested 0.29% in AMETEK, Inc. (NYSE:AME). Neuberger Berman Grp Inc Llc has invested 0.03% in AMETEK, Inc. (NYSE:AME). Moreover, Northern Tru has 0.05% invested in AMETEK, Inc. (NYSE:AME). 640,822 are owned by Ameriprise Financial Inc. Westpac holds 13,415 shares or 0.02% of its portfolio. Gamco Invsts Inc Et Al holds 0.72% of its portfolio in AMETEK, Inc. (NYSE:AME) for 1.77M shares. Schaper Benz Wise Invest Counsel Wi invested 1.12% of its portfolio in AMETEK, Inc. (NYSE:AME). Gsa Cap Prns Llp reported 0.04% stake. Cim Ltd Liability Corporation has invested 0.18% in AMETEK, Inc. (NYSE:AME). Laffer Investments accumulated 31,250 shares. Stifel Financial holds 0% or 16,188 shares.

Since August 4, 2017, it had 0 insider purchases, and 7 insider sales for $13.35 million activity. The insider MONTGOMERY THOMAS M sold 1,500 shares worth $96,740. 2,600 AMETEK, Inc. (NYSE:AME) shares with value of $167,726 were sold by Hardin John Wesley. On Tuesday, August 15 VARET ELIZEBETH R sold $189,720 worth of AMETEK, Inc. (NYSE:AME) or 3,000 shares. The insider Marecic Thomas C sold 12,315 shares worth $817,215. $10.01 million worth of AMETEK, Inc. (NYSE:AME) shares were sold by HERMANCE FRANK S. ZAPICO DAVID A sold $1.86M worth of stock or 25,965 shares.

Analysts await Patterson-UTI Energy, Inc. (NASDAQ:PTEN) to report earnings on February, 8. They expect $-0.08 EPS, up 84.91% or $0.45 from last year’s $-0.53 per share. After $-0.16 actual EPS reported by Patterson-UTI Energy, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

Among 31 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 22 have Buy rating, 0 Sell and 9 Hold. Therefore 71% are positive. Patterson-UTI Energy Inc has $3500 highest and $10 lowest target. $22.65’s average target is -7.48% below currents $24.48 stock price. Patterson-UTI Energy Inc had 98 analyst reports since July 28, 2015 according to SRatingsIntel. As per Friday, March 11, the company rating was downgraded by BMO Capital Markets. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) earned “Buy” rating by Guggenheim on Monday, November 30. The company was downgraded on Friday, April 15 by JP Morgan. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, September 5. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) earned “Buy” rating by Piper Jaffray on Monday, July 10. On Tuesday, April 19 the stock rating was maintained by Morgan Stanley with “Overweight”. The rating was maintained by Citigroup with “Neutral” on Monday, October 5. The stock has “Neutral” rating by Citigroup on Tuesday, August 9. Global Hunter Securities downgraded the shares of PTEN in report on Tuesday, July 28 to “Accumulate” rating. RBC Capital Markets maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN) rating on Thursday, July 20. RBC Capital Markets has “Buy” rating and $2900 target.

Investors sentiment decreased to 1.41 in Q3 2017. Its down 0.25, from 1.66 in 2017Q2. It fall, as 40 investors sold PTEN shares while 64 reduced holdings. 30 funds opened positions while 117 raised stakes. 207.11 million shares or 3.18% more from 200.72 million shares in 2017Q2 were reported. Aqr Mngmt Ltd Limited Liability Company reported 0.03% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Sg Americas Limited invested in 31,689 shares. Fuller & Thaler Asset Management reported 2.72 million shares. Aperio Ltd Liability Corporation holds 0.01% or 122,280 shares. Proshare Advisors Limited Liability Corporation stated it has 0.01% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Lmr Limited Liability Partnership has invested 0.1% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Vaughan Nelson Investment Ltd Partnership holds 0.01% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 21,000 shares. Keybank Association Oh owns 18,001 shares. Manufacturers Life Insur The has invested 0.01% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Raymond James Services Advisors holds 0.01% of its portfolio in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 57,731 shares. Los Angeles Mgmt & Equity, a California-based fund reported 283,099 shares. Morgan Stanley has invested 0.01% in Patterson-UTI Energy, Inc. (NASDAQ:PTEN). Hancock Company holds 0.06% or 66,280 shares. Texas Permanent School Fund holds 0.04% or 155,755 shares in its portfolio. Glenmede Na holds 4,176 shares.