AMETEK (NYSE:AME) has been a significant focus of institutional investment. There has been a flurry of purchasing activities by firms such as Aigen Investment Management LP, M&T Bank Corp, Steward Partners Investment Advisory LLC, and Proficio Capital Partners LLC. Certain companies like LGT Group Foundation have sold a significant number of shares. AMETEK's stocks are up 2.7% since the last earnings report. AMETEK's internal promotions include Jennifer Hellberg moving from Operations to HR Leadership, and the appointment of Isabel S. Wells as Vice President of Information Technology and Chief Information Officer. Despite missing full year 2024 earnings expectations according to few reports, AMETEK reported strong financial performance and continued EPS growth in Q4 2024. Furthermore, AMETEK announced a major dividend hike plus a new buyback plan, indicating a strong cash position. It also made a significant acquisition of a €50M German tech pioneer in Ultra-Precision Manufacturing.
Ametek AME News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 08 Mar 2025 13:18:46 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -2
