AMETEK, Inc. (NYSE: AME) continues to garner interest from investors with shares acquired by HM Payson & Co., Teacher Retirement System of Texas, OneDigital Investment Advisors LLC, and the Board of the Pension Protection Fund, amongst others. Analyst sentiment remains positive, from Bank of America Securities endorsing a 'Buy' to a collective 'Moderate Buy' consensus received from brokerages. Financially, AMETEK continues to be sound, declaring quarterly dividends and sustaining Q1 Earnings despite flat revenues amidst tariff uncertainty. Innovation and strategic growth are evident in their acquisition of FARO Technologies, valued at $920 million, which further supplements AMETEK's modest organic growth while introducing 3D Metrology capabilities. The successful acquisition has seen shareholders give approval for the CEO's compensation. Amid shifting market trends, AMETEK's stock touched a 52-week low at $147.79, yet the stock remains part of Billionaire Mario Gabelli’s top picks.
Ametek AME News Analytics from Wed, 01 Feb 2023 08:00:00 GMT to Sat, 05 Jul 2025 12:50:42 GMT -
