AMETEK's stock rises as Capital International boosts stake, amid strong earnings and a "Moderate Buy" rating.

AMETEK, a tech company focused on electronic instruments and devices, saw its shares boosted by Capital International Inc., which increased its stake by 2.5%, while Freedom Investment Management Inc. reduced its holdings by 14.6%. AMETEK reported strong earnings of $1.87 per share, slightly above expectations, with a market cap of $36.38 billion. The stock has a P/E ratio of 26.59 and a consensus target price of $198.60, with an average "Moderate Buy" rating.