MBB Public Markets I LLC has taken a position in
AMETEK, with
Interval Partners LP buying a significant number of shares. Its Q2 2024 Earnings call highlighted increased sales year on year, with revenue reaching $1.73 billion and GAAP EPS at $1.45. However, these figures missed estimates.
AMETEK also declared a quarterly dividend. The company's financial prospects are viewed favorably, with a belief that it holds more to offer in terms of value.
AMETEK demonstrated a notable 94% return over the last five years, indicating long-term gains.
Deerfield Management Company and
1832 Asset Management L.P. significantly increased their stake in the company, but
Toronto Dominion Bank trimmed its holdings. Despite
AMETEK's stocks trading lower, analysts still consider it to be an attractive buy. It faced some headwinds with a recent $4.4b market cap drop.
AMETEK completed the acquisition of
Paragon Medical and announced a series of appointments for Vice Presidents and other leadership roles. The company also looks set to surpass Wall Street's Q2 earnings estimates.
Ametek AME News Analytics from Sun, 07 Jun 2015 16:50:07 GMT to Mon, 30 Sep 2024 00:32:02 GMT -
Rating 2
- Innovation -3
- Information 2
- Rumor -5
