Highest-materiality recent filing
AMETEK expands revolver to $3.5B and adds $4B term loan for Indicor acquisition
Revolver increased from $2.3B to $3.5B; maturity extended to June 9, 2031.
AMETEK completes acquisition of First Aviation Services; ~$80M revenue
First Aviation Services generates ~$80M in annual revenue and operates six U.S. centers of excellence.
AMETEK shareholders elect three directors to three-year term at 2026 annual meeting
Thomas A. Amato re-elected with 182.8M votes for, 12.0M against.
AMETEK appoints former Hexcel CEO Nick L. Stanage to board of directors
Stanage appointed as independent Class III director effective May 7, 2026, term until 2027 annual meeting.
AMETEK agrees to acquire Indicor Instrumentation for $5.0B in all-cash deal
Acquisition of portfolio of instrumentation businesses from Indicor, LLC for $5.0B all-cash.
AMETEK reports record Q1 sales $1.93B, raises FY guidance, acquires First Aviation
Q1 sales $1.93B (+11% YoY); GAAP EPS $1.74, adjusted EPS $1.97 (+13%).
AMETEK raises quarterly dividend 10% to $0.34 per share; annual rate $1.36
Quarterly dividend increased 10% to $0.34 per share from $0.31.
AMETEK reports record Q4 sales $2.0B, adjusted EPS $2.01 (+7%); acquires LKC Technologies
Q4 sales $2.0B (+13% YoY); GAAP EPS $1.73, adjusted EPS $2.01 (+7%); record operating cash flow $584M.
AMETEK appoints Robert Amodei as Senior VP, Controller; Tom Montgomery to retire Jan 1, 2026
Thomas M. Montgomery retires after 42 years; remains Senior Advisor through 2026.
AMETEK posts record Q3 sales of $1.89B, raises FY 2025 adjusted EPS guidance to $7.32-$7.37
Q3 GAAP EPS $1.60; adjusted EPS $1.89 (+14% YoY) on record sales of $1.89B (+11% YoY).
AMETEK reports record Q2 sales $1.78B; raises FY adjusted EPS guidance to $7.06-$7.20
Record Q2 sales of $1.78B (+2.5% YoY); GAAP EPS $1.55, adjusted EPS $1.78 (+7% YoY).
AMETEK completes ~$920M acquisition of FARO Technologies for $44.00/share cash
AMETEK pays $44.00 per share in cash; total consideration ~$920M net of cash acquired.
AMETEK to acquire FARO Technologies for $44/share, ~$920M enterprise value
AMETEK will pay $44 per share in cash, a 40% premium to FARO's May 5 closing price.
Dean Seavers elected with 179,894,770 votes for, 20,157,677 against; David A. Zapico with 183,085,250 for, 16,051,180 against.
AMETEK Q1 adj. EPS $1.75 beats; sales $1.73B flat YoY; guides FY adj. EPS $7.02-7.18
GAAP EPS $1.52; adjusted EPS $1.75, up 7% YoY, exceeding expectations.
AMETEK raises quarterly dividend 11% to $0.31, approves $1.25B buyback
Quarterly dividend increased to $0.31/share from $0.28, payable March 31, 2025 to holders of record March 14.
AMETEK posts record Q4 sales $1.76B, adj. EPS $1.87 up 11%; acquires Kern Microtechnik
Record Q4 sales $1.76B (+2% YoY), op. income $469M (26.6% margin, +90bp), op. cash flow $550M.
AMETEK establishes $2.3B commercial paper program for short-term borrowing
Program size up to $2.3B; notes mature up to 364 days and are unsecured.
AMETEK Q3 adj EPS $1.66 (+1% YoY), raises FY guidance; acquires Virtek Vision
Q3 sales $1.71B (+5% YoY); operating income $445.9M, margins 26.1%.
AMETEK Q2 adjusted EPS $1.66 (+6% YoY); lowers FY2024 guidance citing inventory normalization
Q2 sales $1.73B (+5% YoY); GAAP EPS $1.45, adjusted EPS $1.66 (+6%).
AMETEK shareholders elect directors, approve executive compensation, and ratify E&Y as auditor
Elected Tod E. Carpenter, Karleen M. Oberton, and Suzanne L. Stefany as directors for terms expiring 2027.
AMETEK posts record Q1 sales $1.74B, adj EPS $1.64, raises FY2024 guidance
Record Q1 sales $1.74B (+9% YoY); adjusted EPS $1.64 (+10% YoY).
AMETEK increases quarterly dividend 12% to $0.28/share, annual rate $1.12
Quarterly dividend raised to $0.28 per share from $0.25, a 12% increase.
Q4 sales $1.73B (+6.5% YoY), operating income $445M (+12%), operating margins 25.7% (+120bps).
CFO William Burke to retire April 2, 2024; Dalip Puri named successor
William J. Burke retires as EVP & CFO effective April 2, 2024; will stay as strategic advisor through April 2025.
AMETEK completes $1.9B all-cash acquisition of Paragon Medical
AMETEK acquired Paragon Medical from American Securities LLC for approximately $1.9 billion in cash.
AMETEK Q3 EPS beats, raises FY guidance; agrees to buy Paragon Medical for ~$1.9B
Q3 sales $1.62B (+5% YoY); GAAP EPS $1.47; adjusted EPS $1.64 (+13%), record operating margins 27.0%.
AMETEK completes acquisition of United Electronic Industries (~$35M sales)
Acquired United Electronic Industries (UEI), a provider of data acquisition and control solutions for aerospace, defense, energy, and semiconductor.
AMETEK Q2 record sales $1.65B, EPS $1.57 adj; raises FY23 guidance to $6.18-6.26
Sales $1.65B (+9% YoY); organic +5%; operating income $418.8M (+15%); margins 25.4% (record).
AMETEK shareholders elect directors, approve exec comp, ratify E&Y at 2023 annual meeting
Elected Thomas A. Amato, Anthony J. Conti, Gretchen W. McClain to Board for terms expiring 2026.
AMETEK Q1 record sales $1.60B, EPS $1.49 adj., raises FY 2023 guidance, acquires Bison Gear
Q1 sales $1.60B (+10% YoY); organic sales growth of 9%; record operating margin 25.4%.
AMETEK increases quarterly dividend 14% to $0.25 per share
Quarterly dividend raised to $0.25 from $0.22, a 14% increase.
AMETEK reports record Q4 sales $1.63B, adjusted EPS $1.52 (+11% YoY); guides FY23 EPS $5.84-$6.00
Q4 record sales $1.63B (+8% YoY); organic +9%; GAAP EPS $1.33, adjusted EPS $1.52 (+11% YoY).
Q3 sales $1.55B (+8% YoY), operating income $384.5M (+14%), operating margins 24.8% (+140 bps).
AMETEK appoints Suzanne Stefany to Board of Directors effective August 3, 2022
Suzanne Stefany appointed as independent Class III Director; term until 2024 Annual Meeting.
Record Q2 sales $1.51B (+9% YoY); operating income $364.8M (24.1% margin, +130 bps YoY).
AMETEK upsizes revolver to $2.3B, extends maturity to May 2027
Revolving credit facility increased from $1.5B to $2.3B.
AMETEK announces $1B share repurchase authorization, replacing prior $500M plan
Board approved $1 billion share repurchase authorization, replacing February 2019 $500M plan with ~$313M remaining.
AMETEK Q1 sales $1.46B (+20%), adj. EPS $1.33 (+24%); raises FY guidance to $5.34-$5.44
Q1 sales $1.46B (+20% YoY); operating income $353.2M (+20%); margins 24.2%.
AMETEK boosts dividend 10% to $0.22/share, appoints Dean Seavers to board
Quarterly dividend raised 10% to $0.22 per share from $0.20, payable March 31, 2022 to holders of record March 10, 2022.
AMETEK reports record Q4 sales $1.50B, adj EPS $1.37, +27% YoY; guides FY22 EPS $5.30-$5.42
Q4 sales $1.50B (record, +25% YoY); GAAP EPS $1.21; adj EPS $1.37 (record, +27% YoY).
Director Ruby R. Chandy resigns from AMETEK Board effective immediately
Ruby R. Chandy notified AMETEK of her resignation on January 31, 2022, effective immediately.
AMETEK completes acquisition of Alphasense, a UK sensor firm with ~£25M sales
Completed acquisition of Alphasense, a UK-based designer of gas and particulate sensors for environmental/health/safety applications.
AMETEK appoints David Hermance President, Electromechanical Group, and Emanuela Speranza CCO
Timothy Jones retires after 42 years; David Hermance succeeds as President, Electromechanical Group effective Jan 1, 2022.
AMETEK reports record Q3 sales $1.44B (+28%); raises FY adjusted EPS guidance to $4.76-$4.78
GAAP EPS $1.10; adjusted EPS $1.26 (record), up 25% YoY.
AMETEK reports record Q2 sales $1.39B, raises 2021 EPS guidance to $4.62-$4.68
Q2 sales $1.39B (+37% YoY); organic sales +25%; operating income record $316.6M.
Nick L. Stanage was appointed to the Board of Directors of AMETEK, Inc., or the "Company" effective May 7, 2026 to serve as a Class III Director until the 2027 Annual Meeting.
The Company also announced that Dalip M. Puri was elected Executive Vice President and Chief Financial Officer of the Company effective April 2, 2024, assuming Mr. Burke’s position.
On January 16, 2024, AMETEK, Inc. (the “Company”) announced that William J. Burke, Executive Vice President and Chief Financial Officer, intends to retire effective April 2, 2024.
Suzanne L. Stefany was appointed to the Board of Directors of AMETEK, Inc., or the “Company” effective August 3, 2022 to serve as a Class III Director until the 2024 Annual Meeting.
Dean Seavers was appointed to the Board of Directors of AMETEK, Inc., or the “Company” effective February 24, 2022, to serve as a Class I Director until the 2022 Annual Meeting.
On January 31, 2022, Ruby R. Chandy notified AMETEK, Inc. (“AMETEK”) of her decision to resign from the AMETEK Board of Directors effective immediately.
The Company also announced that Emanuela Speranza was elected to the newly created role of Chief Commercial Officer of the Company effective January 1, 2022.
The Company also announced that David F. Hermance was elected President, Electromechanical Group of the Company effective January 1, 2022, assuming Mr. Jones’ position.
On November 5, 2021, AMETEK, Inc. (the “Company”) announced that Timothy N. Jones, President, Electromechanical Group of the Company, intends to retire as President effective January 1, 2022.
Max materiality 0.85 · Median 0.75 · Most common event earnings