AMETEK Inc
AME: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >Q! | LOCK|@& | LOCK|<wp@X>% |
Ametek: Reinitiating Coverage on This Wide-Moat Industrial Powerhouse
We resume coverage of Ametek, a robust collection of niche industrial businesses, and assign the firm a fair value estimate of $166 per share underpinned by a wide economic moat rating. We also assign Ametek an Exemplary Capital Allocation Rating, reflecting its strong balance sheet, stellar investment decisions, and reasonable shareholder distributions.
