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Investors boosted stakes in AMETEK as the company reported strong earnings and increased its dividend.
iA Global Asset Management Inc. increased its AMETEK stake by 5.1%, while other firms like Magnetar Financial LLC also boosted their holdings.
AMETEK reported strong earnings of $1.87 per share, surpassing estimates by $0.02.
The company also raised its quarterly dividend to $0.31 per share.
AMETEK manufactures electronic instruments and devices, with a market cap of $40.62 billion and a P/E ratio of 29.68.
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Los inversores incrementaron las participaciones en AMETEK a medida que la compañía reportó fuertes ganancias y aumentó su dividendo.