Ametek Stock Price, News & Analysis

AMETEK (NYSE: AME) has announced a definitive agreement to acquire FARO Technologies (Nasdaq: FARO) for $44 per share in cash, representing a 40% premium over FARO's closing price on May 5, 2025. The transaction values FARO at an enterprise value of approximately $920 million.

FARO Technologies, founded in 1981 and headquartered in Lake Mary, Florida, is a leading provider of 3D measurement and imaging solutions with annual sales of $340 million. The acquisition will integrate FARO into AMETEK's Ultra Precision Technologies division, complementing their existing Creaform business. The transaction, unanimously approved by both companies' boards, is expected to close in the second half of 2025, subject to regulatory approvals and FARO shareholders' approval.

AMETEK (NYSE: AME) reported its Q1 2025 financial results with sales of $1.73 billion, flat compared to Q1 2024. Operating income increased 2% to $454.8 million, with operating margins improving by 60 basis points to 26.3%. The company achieved adjusted earnings of $1.75 per diluted share, up 7% year-over-year.

The Electronic Instruments Group (EIG) saw sales decline 1% to $1.14 billion, while maintaining strong operating margins of 31.0%. The Electromechanical Group (EMG) posted record sales of $588.3 million, up 2%, with operating income increasing 7% and margins expanding 120 basis points to 21.9%.

For 2025, AMETEK expects low single-digit sales growth and adjusted EPS guidance of $7.02 to $7.18, representing 3-5% growth versus 2024.

AMETEK (NYSE: AME) has announced its first quarter 2025 earnings release schedule, set for Thursday, May 1, 2025, before market opening. The company will host a webcast investor conference call at 8:30 AM ET on the same day.

The live audio webcast will be accessible through the Events & Presentations link in the Investors section of ametek.com, with a replay available until the next quarterly earnings call.

AMETEK, founded in 1930, is a leading global industrial technology solutions provider with annual sales of approximately $7.0 billion. The company implements the AMETEK Growth Model, which combines Four Growth Strategies:

• Operational Excellence
• New Product Development
• Global and Market Expansion
• Strategic Acquisitions

AMETEK (NYSE: AME) has appointed Jennifer G. Hellberg as Vice President, Human Resources. Hellberg previously served as Divisional Vice President and Business Unit Manager for the Zygo and Navitar businesses within AMETEK's Ultra Precision Technologies Division. She joined AMETEK's Zygo business in 2022 and brings experience from previous roles at Thermo Fisher Scientific and Proctor & Gamble.

The appointment was announced by David A. Zapico, AMETEK Chairman and CEO, who expressed confidence in Hellberg's ability to enhance the company's global HR organization and support long-term growth. AMETEK, a leading global provider of industrial technology solutions, reports annual sales of approximately $7.0 billion and focuses on the Four Growth Strategies: Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions.

AMETEK (NYSE: AME) has announced the appointment of Isabel S. Wells as Vice President, Information Technology and Chief Information Officer. Wells brings over 25 years of technology leadership experience, most recently serving as Chief Information Officer at Kimball Electronics. She previously held positions at Avery Dennison, KPMG, and PA Consulting.

Wells holds a Bachelor of Science degree in IT, Business Management and Languages from the University of York, UK. AMETEK, a leading global provider of industrial technology solutions, serves diverse niche markets with annual sales of approximately $7.0 billion. The company operates on the AMETEK Growth Model, which integrates Four Growth Strategies: Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions.

AMETEK (NYSE: AME) has appointed William P. Callahan as Vice President and General Manager of its Aerospace & Defense Division. Callahan joins AMETEK from Amphenol , where he served as Group General Manager. His previous experience includes leadership roles at Borisch Technologies, Times Microwave Systems, and Smiths Group.

Callahan holds a BS in Mechanical Engineering from Rensselaer Polytechnic Institute and an MBA in Finance from Boston College. AMETEK, a global provider of industrial technology solutions, reports annual sales of approximately $7.0 billion and focuses on four growth strategies: Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions.

AMETEK (NYSE: AME) has announced two significant shareholder-focused initiatives. The Board of Directors approved an 11% increase in quarterly cash dividend to $0.31 per share from $0.28, payable on March 31, 2025, raising the indicated annual rate to $1.24 per share. Additionally, the company authorized a new $1.25 billion share repurchase program, replacing the previous $1 billion authorization from May 2022, of which $590 million remained available.

The company, with annual sales of approximately $7.0 billion, emphasizes its commitment to deploying robust cash flows for strategic acquisitions while maintaining shareholder returns through increasing dividends and opportunistic stock repurchases. AMETEK's growth strategy integrates Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions, focusing on cash generation and capital deployment.

AMETEK (NYSE: AME) has announced the acquisition of Kern Microtechnik, a German manufacturer of high-precision machining and optical inspection solutions. Kern, headquartered near Munich, generates annual sales of approximately €50 million and specializes in ultra-precision manufacturing solutions with sub-micron accuracy capabilities.

The acquisition strategically aligns with AMETEK's Ultra Precision Technologies division, serving markets including medical, semiconductor, research, and space sectors. Kern will be integrated into AMETEK's Electronic Instruments Group (EIG), which focuses on advanced analytical, monitoring, testing, calibrating, and display instrumentation.

AMETEK, with annual sales of approximately $7.0 billion, operates under the AMETEK Growth Model, which combines Operational Excellence, Technology Innovation, Global and Market Expansion, and Strategic Acquisitions.

AMETEK (NYSE: AME) reported record fourth quarter and full year results for 2024. Q4 sales reached $1.76 billion, up 2% year-over-year, with operating income increasing 5% to $469.0 million. Operating margins improved to 26.6%, up 90 basis points. The company achieved record Q4 operating cash flow of $550.0 million and free cash flow of $498.3 million.

Full-year 2024 sales were $6.94 billion, a 5% increase over 2023. Adjusted earnings per share for the full year reached $6.83, up 7% from 2023. The Electronic Instruments Group (EIG) saw a 2% decrease in Q4 sales to $1.21 billion, while the Electromechanical Group (EMG) reported an 11% increase to $546.7 million.

Looking ahead to 2025, AMETEK expects low single-digit sales growth and adjusted earnings per share between $7.02 to $7.18, representing a 3% to 5% increase over 2024.