Nebula Research & Development LLC reduced its stake in Amphenol Co. (NYSE:APH - Free Report) by 23.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,598 shares of the electronics maker's stock after selling 10,744 shares during the quarter. Nebula Research & Development LLC's holdings in Amphenol were worth $2,403,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of APH. Vanguard Group Inc. raised its position in Amphenol by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock worth $10,565,279,000 after buying an additional 2,108,578 shares during the last quarter. FMR LLC raised its position in Amphenol by 2.6% during the 4th quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock worth $7,240,202,000 after buying an additional 2,643,752 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Amphenol by 36.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 58,911,813 shares of the electronics maker's stock worth $4,091,426,000 after buying an additional 15,837,407 shares during the last quarter. Geode Capital Management LLC raised its position in Amphenol by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 25,325,653 shares of the electronics maker's stock worth $1,754,672,000 after buying an additional 659,560 shares during the last quarter. Finally, Norges Bank purchased a new position in Amphenol during the 4th quarter worth approximately $1,378,794,000. 97.01% of the stock is owned by hedge funds and other institutional investors.
Amphenol Price Performance
Amphenol stock traded up $0.05 during trading on Monday, reaching $75.90. The company had a trading volume of 5,879,691 shares, compared to its average volume of 7,460,931. The firm's 50-day simple moving average is $65.53 and its 200 day simple moving average is $69.01. Amphenol Co. has a 1-year low of $54.77 and a 1-year high of $79.39. The firm has a market capitalization of $91.97 billion, a PE ratio of 39.63, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37.
Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.11. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The firm had revenue of $4.81 billion for the quarter, compared to analysts' expectations of $4.20 billion. During the same quarter last year, the company earned $0.40 EPS. The firm's revenue for the quarter was up 47.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.
Amphenol Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were paid a dividend of $0.165 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.87%. Amphenol's dividend payout ratio (DPR) is presently 32.04%.
Wall Street Analysts Forecast Growth
APH has been the subject of a number of recent research reports. Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price target for the company in a research report on Thursday. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a research note on Thursday. The Goldman Sachs Group raised their price objective on shares of Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday. Robert W. Baird raised their price objective on shares of Amphenol from $73.00 to $85.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, UBS Group reaffirmed a "buy" rating and set a $85.00 price objective (up previously from $78.00) on shares of Amphenol in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $82.58.
View Our Latest Stock Report on Amphenol
About Amphenol
(
Free Report)
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.
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