Ametek Stock Price, News & Analysis

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.

AMETEK (NYSE: AME) has announced it will release its fourth quarter 2024 earnings report before the market opens on Tuesday, February 4, 2025. The company will host a webcast investor conference call at 8:30 AM ET on the same day.

The company, a leading global provider of industrial technology solutions, serves diverse niche markets with annual sales of approximately $7.0 billion. AMETEK's growth strategy is built on four pillars: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions. The company aims for double-digit percentage growth in earnings per share over the business cycle and superior return on total capital.

AMETEK (NYSE: AME) has appointed Narayan Vishwanathan as Vice President and General Manager of its Materials Analysis Division. Vishwanathan, who previously served as Divisional Vice President and Business Unit Manager for the Electron Microscopy Technologies businesses, joined AMETEK in 2005 and has held various P&L leadership positions. He holds degrees in Chemical Engineering from The University of Mumbai and an MBA from the University of South Carolina. AMETEK, a global industrial technology provider with over $7.0 billion in annualized sales, focuses on four growth strategies: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions.

AMETEK (NYSE: AME) has declared a regular quarterly dividend of $0.28 per share for the fourth quarter ending December 31, 2024. The dividend will be payable on December 20, 2024, to shareholders of record as of December 6, 2024. AMETEK is a leading global provider of industrial technology solutions with annual sales of approximately $7.0 billion. The company focuses on the AMETEK Growth Model, which integrates Four Growth Strategies: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions.

AMETEK (NYSE: AME) reported strong Q3 2024 results with sales of $1.71 billion, up 5% year-over-year. Operating income increased 2% to $445.9 million with margins at 26.1%. Operating cash flow grew 3% to $487.2 million. Adjusted earnings were $1.66 per diluted share, up 1% from Q3 2023. The Electronic Instruments Group maintained sales at $1.13 billion with improved margins, while the Electromechanical Group saw 18% sales growth to $574.0 million. The company raised its 2024 guidance, now expecting adjusted EPS of $6.77-$6.82, representing 6-7% growth.

AMETEK (NYSE: AME) has acquired Virtek Vision International, a Canadian provider of advanced laser-based projection and inspection systems, for an undisclosed amount. Virtek, with annual sales of approximately $40 million, specializes in 3D laser projectors, smart cameras, and AI-driven quality control systems for aerospace, defense, and industrial applications. The company will join AMETEK's Electronic Instruments Group (EIG). This strategic acquisition complements AMETEK's Creaform business, expanding their automated 3D scanning and inspection capabilities. AMETEK, a global industrial technology provider, reports annual sales of approximately $7.0 billion.

AMETEK, Inc. (NYSE: AME) has announced its third quarter 2024 earnings release and investor conference call schedule. The company will release its earnings before the market opens on Thursday, October 31, 2024. A webcast of the investor conference call will begin at 8:30 AM ET on the same day. Investors can access the live audio webcast through the 'Investors' section of AMETEK's website. A replay of the call will be archived and available until the next quarterly earnings call.

AMETEK is a leading global provider of industrial technology solutions with annual sales of approximately $7.0 billion. The company focuses on serving diverse niche markets and employs the AMETEK Growth Model, which integrates Four Growth Strategies: Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions.