AMETEK INC/ SEC Filings

AMETEK, Inc. increased the maximum aggregate face or principal amount of short‑term, unsecured commercial paper notes that may be outstanding under its commercial paper program from $2.3 billion to $3.5 billion. All other material terms of the program remain unchanged.

The company states that the commercial paper program is expected to serve as a flexible source of funding for various purposes, including acquisitions. A revolving credit facility is expected to continue to act as a liquidity backstop for repayment of commercial paper, and total indebtedness outstanding under both the revolving credit facility and the commercial paper program should not exceed $3.5 billion at any time.

AMETEK executive David F. Hermance, President – Electromechanical, exercised stock options for 6,608 shares of common stock at an exercise price of $85.45 per share and on the same date sold 6,608 shares at $254.00 per share. The options, received as employment compensation, became exercisable in three equal annual installments beginning on May 9, 2020. Following the reported transactions, Hermance reports direct holdings of 993 shares of Common Stock/SERP and indirect holdings of 484 shares through a 401(k) plan.

AMETEK, Inc. delivered record Q2 2026 results, with net sales of $2,044.4 million, up 15.0%, and net income of $406.9 million. Diluted EPS rose to $1.77. Organic sales grew 10% and acquisitions added 5%, while orders reached $2,284.0 million and backlog hit $4,110.2 million.

Both EIG and EMG segments posted double‑digit sales growth and higher margins when excluding acquisition‑related dilution and $16.2 million of integration costs. For the first half, revenue was $3,972.8 million and free cash flow $877.7 million, reducing the net debt‑to‑capital ratio to 12.0%.

The company closed the LKC and First Aviation acquisitions and agreed to acquire Indicor Instrumentation in an all‑cash $5.0 billion deal adding about $1.1 billion of annual sales. New $3.5 billion revolver capacity and a $4.0 billion term‑loan facility are in place to finance Indicor and support future needs.

AMETEK, Inc. reported record second-quarter 2026 results, with net sales of $2.04 billion, up 15% from a year earlier. GAAP diluted earnings were $1.77 per share and adjusted diluted earnings were $2.09 per share, up 17%, reflecting organic growth and contributions from acquisitions.

GAAP operating income reached $528.2 million and adjusted operating income $544.4 million, for a 26.6% operating margin, up 60 basis points. Operating cash flow rose 35% to $483.7 million with free cash flow conversion of 111%. Orders grew 28% and both segments delivered double-digit sales growth and margin expansion.

The company now expects 2026 sales to increase about 10% versus 2025 and raised its adjusted earnings outlook to $8.20–$8.30 per share, from $7.94–$8.14. For third-quarter 2026, adjusted earnings are anticipated between $2.08 and $2.10 per share on high single-digit sales growth.

AMETEK, Inc. entered into a new Amended and Restated Revolving Credit Agreement that increases its revolving credit capacity from $2.3 billion to $3.5 billion and extends the maturity to June 9, 2031. This facility can be used for working capital, general corporate purposes and up to $1.0 billion of the consideration and related costs for its planned acquisition of Indicor Holdings.

The company also agreed to a new unsecured Term Loan Credit Agreement for up to $4.0 billion, split into three tranches maturing three, four and five years from draw dates, with borrowing tied to completion of the Indicor acquisition. Both agreements include covenants based on leverage and interest coverage. AMETEK’s prior $5.0 billion bridge financing commitments for the acquisition were automatically terminated after these facilities were put in place.

AMETEK's chief administrative officer Ronald J. Oscher reported internal ownership changes rather than open-market trading. The filing shows a Code J restructuring involving 39,954 shares of common stock moved to a trust described as being held by him as trustee, with no price reported.

After these transactions, he holds 2,887 common shares directly and 39,954 shares indirectly through the trust, plus 4,897 common stock units in a SERP account and 916 shares through a 401k plan. The activity reflects a transfer to a trust, not a purchase or sale.

AMETEK, Inc. has completed its acquisition of First Aviation Services, a provider of highly engineered defense and aviation maintenance, repair and overhaul (MRO) services and proprietary components.

First Aviation generates approximately $80 million in annual revenue and operates six centers of excellence across the U.S. Its capabilities span advanced electronics, rotor blades, propellers, landing gear, flight controls, and critical parts manufacturing for defense and aviation platforms. The business will join AMETEK’s Electromechanical Group (EMG), enhancing AMETEK’s existing MRO operations and support for mission-critical aerospace and defense applications.

AMETEK describes itself as a global industrial technology provider with annual sales of approximately $7.5 billion, focused on operational excellence, innovation, global expansion, and strategic acquisitions.

AMETEK, Inc. reported the results of its annual stockholder meeting held on May 7, 2026. Stockholders elected three directors — Thomas A. Amato, Anthony J. Conti, and Gretchen W. McClain — to terms expiring in 2029, each receiving over 168 million votes in favor.

Stockholders also approved, on an advisory and non-binding basis, the compensation of certain executive officers, with 183,197,200 votes for, 11,316,518 against, and 351,629 abstentions. In addition, they ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 184,817,440 votes for, 18,965,778 against, and 1,014,154 abstentions.