AMETEK Stock Soars 7.67%, Hits Intraday High of $200.42

AMETEK, Inc., a mid-cap player in the Electronics & Appliances industry, has shown significant activity today, gaining 7.67% and reaching an intraday high of USD 200.42. This performance stands in contrast to the S&P 500, which remained flat at -0.0% for the day.
Over the past week, AMETEK has increased by 4.82%, and its one-month performance reflects a gain of 5.49%. Year-to-date, the stock has risen by 10.02%, although it trails the S&P 500's 17.15% performance during the same period. Notably, AMETEK's three-year performance stands at 53.4%, while its five-year return is an impressive 101.96%.

The company demonstrates strong financial health, highlighted by a return on capital employed (ROCE) of 15.26% and a low debt-to-EBITDA ratio of 1.06 times, indicating a robust ability to service its debt. Additionally, AMETEK boasts high institutional holdings at 91.65%, reflecting confidence from sophisticated investors. With a dividend yield of 54.01% and a price-to-earnings ratio of 34.00, AMETEK continues to maintain a solid market position.