STOCK TITAN
  1. Home
  2. News
  3. AME

Ametek Inc - AME STOCK NEWS

Welcome to our dedicated news page for Ametek (Ticker: AME), a resource for investors and traders seeking the latest updates and insights on Ametek.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ametek's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ametek's position in the market.

News
AMETEK Announces First Quarter 2024 Earnings Call and Webcasted Investor Conference Call Information
Rhea-AI Summary
AMETEK, Inc. (AME) is set to release its first quarter 2024 earnings on May 2, 2024, before the market opens. The company will also host a webcasted investor conference call at 8:30 AM ET on the same day. AMETEK is a global industrial technology solutions provider with annual sales exceeding $7.0 billion. The company focuses on growth strategies like Operational Excellence, New Product Development, Global Expansion, and Acquisitions. Founded in 1930, AMETEK aims for double-digit earnings per share growth and a strong return on capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
earnings
-
News
AMETEK Increases Quarterly Dividend
Rhea-AI Summary
AMETEK, Inc. (AME) announces a 12% increase in quarterly cash dividend to $0.28 per share, reflecting strong performance and growth. The dividend is payable on March 28, 2024, to shareholders of record as of March 8, 2024, raising the annual rate to $1.12 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
dividends
-
News
AMETEK Announces Record Fourth Quarter and Full Year Results
Rhea-AI Summary
AMETEK, Inc. (AME) announced its financial results for Q4 2023, reporting a record $1.73 billion in sales, a 6.5% increase from Q4 2022. Operating income increased by 12% to a record $445.0 million, with operating margins at 25.7%. GAAP earnings per diluted share were $1.48, while adjusted earnings were a record $1.68 per share. Full-year sales were a record $6.60 billion, up 7% over 2022, with adjusted earnings at $6.38 per share, a 12% increase over 2022. The Electronic Instruments Group (EIG) and Electromechanical Group (EMG) both delivered strong performances, with EIG sales reaching a record $1.24 billion and EMG sales at $494.7 million in Q4 2023. For 2024, AMETEK expects overall sales to be up low double digits, with adjusted earnings per diluted share in the range of $6.70 to $6.85.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
none
News
AMETEK Announces Fourth Quarter 2023 Earnings Call and Webcasted Investor Conference Call Information
Rhea-AI Summary
AMETEK, Inc. (AME) will release its fourth quarter 2023 earnings before the market opens on Tuesday, February 6, 2024. The company is a leading global provider of high-tech industrial solutions with annual sales over $6.0 billion. AMETEK aims for double-digit percentage growth in earnings per share and a superior return on total capital. The webcast of the investor conference call will be available on the company's website. AMETEK has been listed on the NYSE for over 90 years and is a component of the S&P 500.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
Tags
earnings
-
News
AMETEK Promotes Dalip M. Puri to Executive Vice President and Chief Financial Officer
Rhea-AI Summary
AMETEK, Inc. announced the appointment of Dalip M. Puri as Executive Vice President and Chief Financial Officer, effective April 2, 2024, replacing William J. Burke. The company's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
none
-
News
AMETEK Executive Vice President and Chief Financial Officer William J. Burke to Retire
Rhea-AI Summary
AMETEK, Inc. announced the retirement of William J. Burke, its Executive Vice President and Chief Financial Officer, after 36 years of service. The company has named Dalip M. Puri to succeed Mr. Burke as Executive Vice President and CFO. AMETEK is a leading global provider of industrial technology solutions with annual sales over $6.0 billion and has been listed on the NYSE for over 90 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
none
News
AMETEK Completes Acquisition of Paragon Medical
Rhea-AI Summary
AMETEK, Inc. (NYSE: AME) has completed the acquisition of Paragon Medical, a leading provider of medical components and instruments, in an all-cash transaction valued at approximately $1.9 billion. Paragon's annual sales of approximately $500 million will further broaden AMETEK's presence in the MedTech industry. AMETEK aims for double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
acquisition
-
News
AMETEK Releases 2023 Sustainability Report
Rhea-AI Summary
AMETEK (NYSE: AME) released its 2023 Sustainability Report, highlighting a 26% reduction in emissions intensity since 2019, among other environmental achievements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
none
-
News
AMETEK Declares Quarterly Dividend
Rhea-AI Summary
AMETEK, Inc. (NYSE: AME) has declared a regular quarterly dividend of $0.25 per share for the fourth quarter ending December 31, 2023. The dividend is payable on December 22, 2023, to shareholders of record as of December 8, 2023. AMETEK is a leading global provider of industrial technology solutions with annual sales over $6.0 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
News
American Securities Announces Agreement to Sell Paragon Medical
Rhea-AI Summary
American Securities LLC has agreed to sell Paragon Medical to AMETEK, Inc. in an all-cash transaction valued at $1.9 billion. Paragon is a global industry leader in medical components and instruments. The transaction is subject to regulatory approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
none
Stock AME logo
Ametek Inc

NYSE:AME

AME Rankings

#302 Ranked by Market Cap
#1452 Ranked by Stock Gains
#1961 Ranked by Dividends

AME Stock Data

41.41B
229.83M
0.45%
90.23%
1.09%
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Manufacturing
Link
US
Berwyn

About AME

ametek is a global leader in electronic instruments and electromechanical devices with annual sales of $4.0b. we have approximately 15,000 colleagues at over 120 manufacturing locations with 100 sales and service locations in more than 30 other countries. ametek has a track record of exceptional financial and market success, and our vision is to double the size and profitability of the company within the next five years. ametek's corporate growth plan is based on four key strategies: operational excellence strategic acquisitions & alliances global & market expansion new products ametek colleagues worldwide are committed to our success. through their hard work and dedication, we will achieve our vision for ametek. for more information on ametek career opportunities, visit our web page below.