Unigestion Holding SA Decreases Stock Holdings in Amphenol Co. (NYSE:APH)

Unigestion Holding SA trimmed its holdings in Amphenol Co. (NYSE:APH - Free Report) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 472,798 shares of the electronics maker's stock after selling 49,872 shares during the period. Amphenol accounts for about 1.9% of Unigestion Holding SA's holdings, making the stock its 14th biggest holding. Unigestion Holding SA's holdings in Amphenol were worth $32,836,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of APH. Princeton Global Asset Management LLC increased its stake in shares of Amphenol by 0.6% in the 4th quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker's stock worth $1,634,000 after acquiring an additional 136 shares during the last quarter. WASHINGTON TRUST Co increased its position in Amphenol by 23.0% during the fourth quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker's stock worth $55,000 after purchasing an additional 147 shares during the last quarter. Fragasso Financial Advisors Inc raised its stake in Amphenol by 4.7% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker's stock worth $266,000 after purchasing an additional 171 shares during the period. Newbridge Financial Services Group Inc. boosted its holdings in Amphenol by 3.3% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 5,483 shares of the electronics maker's stock valued at $381,000 after purchasing an additional 173 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC grew its stake in shares of Amphenol by 3.5% in the 4th quarter. Robertson Stephens Wealth Management LLC now owns 5,219 shares of the electronics maker's stock valued at $363,000 after buying an additional 177 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a report on Friday, January 17th. UBS Group decreased their price target on Amphenol from $90.00 to $78.00 and set a "buy" rating on the stock in a research note on Thursday. Truist Financial boosted their price objective on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. increased their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Finally, The Goldman Sachs Group reduced their price target on shares of Amphenol from $89.00 to $72.00 and set a "buy" rating on the stock in a research note on Thursday. Four investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $80.60.

Amphenol Stock Up 0.9 %

APH traded up $0.60 during trading hours on Friday, hitting $64.73. 2,506,357 shares of the company's stock were exchanged, compared to its average volume of 7,384,804. The firm has a market cap of $78.44 billion, a P/E ratio of 33.74, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. Amphenol Co. has a 12-month low of $54.72 and a 12-month high of $79.39. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The firm has a 50 day moving average of $65.97 and a 200 day moving average of $68.69.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The company's revenue was up 29.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.82 earnings per share. Analysts predict that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date was Tuesday, March 18th. Amphenol's dividend payout ratio is presently 34.55%.

Amphenol Profile

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.