AMETEK, Inc. vs Wheaton Precious Metals Corp — how do they compare? AMETEK, Inc. trades at $255.78 (market cap $58.76B), while Wheaton Precious Metals Corp trades at $136.03 (market cap $60.94B). The key difference: AMETEK, Inc. and Wheaton Precious Metals Corp are close in size by market cap, and Wheaton Precious Metals Corp pays the higher dividend (0.58%). Which is the better fit depends on your goals.
| AME | WPM | |
|---|---|---|
Market Cap | $58.76B | $60.94B |
Sector | Industrials | Basic Materials |
52-Week High | $256.30 | $165.72 |
52-Week Low | $179.28 | $91.02 |
Enterprise Value | $60.30B | $62.82B |
Dividend Yield | 0.53% | 0.58% |
Trailing returns across standard periods
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
Read more on AME →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
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