Mawer Investment Management Ltd. Has $788.25 Million Stock Holdings in Amphenol Co. (NYSE:APH)

Mawer Investment Management Ltd. reduced its holdings in Amphenol Co. (NYSE:APH - Free Report) by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,349,874 shares of the electronics maker's stock after selling 1,651,807 shares during the quarter. Amphenol accounts for 3.6% of Mawer Investment Management Ltd.'s holdings, making the stock its 9th biggest position. Mawer Investment Management Ltd. owned about 0.94% of Amphenol worth $788,249,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in APH. Tacita Capital Inc lifted its position in shares of Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock valued at $27,000 after acquiring an additional 296 shares during the last quarter. Sierra Ocean LLC purchased a new stake in shares of Amphenol during the fourth quarter valued at $28,000. Rialto Wealth Management LLC acquired a new position in shares of Amphenol in the 4th quarter valued at $28,000. Rakuten Securities Inc. increased its stake in Amphenol by 703.8% in the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after purchasing an additional 366 shares in the last quarter. Finally, Continuum Advisory LLC raised its holdings in Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker's stock worth $32,000 after buying an additional 234 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Down 6.7 %

Shares of NYSE APH traded down $4.55 during trading hours on Thursday, hitting $63.35. The stock had a trading volume of 3,995,809 shares, compared to its average volume of 7,262,172. The company has a market capitalization of $76.77 billion, a P/E ratio of 33.08, a P/E/G ratio of 1.92 and a beta of 1.17. The firm's 50-day moving average price is $67.45 and its two-hundred day moving average price is $68.85. 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 Co. has a 52 week low of $54.72 and a 52 week high of $79.39.

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

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 1.04%. Amphenol's dividend payout ratio (DPR) is presently 34.55%.

Analyst Ratings Changes

APH has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Bank of America raised their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. The Goldman Sachs Group increased their target price on Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Truist Financial lifted their price target on Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Finally, Robert W. Baird increased their price objective on Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a research note on Thursday, January 23rd. Five 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 company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $80.68.

Amphenol Company 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.