** Industrial technology solutions provider Ametek's AME.N shares fall 3.5% to $178 in morning trade
** AME forecast lower-than-expected annual profit on Tuesday amid weakness in demand for some of its test and measurement systems
** Company expects 2025 adjusted profit per share to be between $7.02 to $7.18, below analysts' average expectation of $7.39/share, according to data compiled by LSEG
** Separately, company also announced the acquisition of Germany-based ultra-precision manufacturing solutions maker Kern Microtechnic to strengthen its Electronic Instruments Group $(EIG)$ business
** Twelve of 17 brokerages rate AME "buy" or higher, 4 "hold" and one "sell"; their median PT is $205 - data compiled by LSEG
** In 2024, AME was up 9.32%
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.