Aviva PLC Sells 10,348 Shares of Amphenol Co. (NYSE:APH)

Aviva PLC trimmed its position in Amphenol Co. (NYSE:APH - Free Report) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 289,584 shares of the electronics maker's stock after selling 10,348 shares during the period. Aviva PLC's holdings in Amphenol were worth $20,112,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in APH. Vanguard Group Inc. boosted its position in shares of Amphenol by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock valued at $10,565,279,000 after acquiring an additional 2,108,578 shares in the last quarter. Geode Capital Management LLC grew its position in shares of 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 purchasing an additional 659,560 shares in the last quarter. Norges Bank acquired a new stake in Amphenol in the fourth quarter valued at about $1,378,794,000. Wellington Management Group LLP raised its position in Amphenol by 619.9% during the 4th quarter. Wellington Management Group LLP now owns 7,014,111 shares of the electronics maker's stock worth $487,130,000 after purchasing an additional 6,039,845 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of Amphenol by 1.1% in the 4th quarter. Franklin Resources Inc. now owns 6,953,231 shares of the electronics maker's stock valued at $482,902,000 after acquiring an additional 78,664 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on APH shares. JPMorgan Chase & Co. increased their price target 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 upped their price objective on Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, January 23rd. The Goldman Sachs Group dropped their price objective on Amphenol from $89.00 to $72.00 and set a "buy" rating on the stock in a research report on Thursday. UBS Group cut their target price on shares of Amphenol from $90.00 to $78.00 and set a "buy" rating for the company in a report on Thursday. Finally, Robert W. Baird upped their price target on Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research report on Thursday, January 23rd. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $80.60.

Amphenol Trading Up 2.0 %

NYSE:APH traded up $1.26 during trading hours on Friday, hitting $65.39. The stock had a trading volume of 6,469,069 shares, compared to its average volume of 7,409,492. The company has a market cap of $79.23 billion, a price-to-earnings ratio of 34.14, a P/E/G ratio of 1.92 and a beta of 1.17. Amphenol Co. has a one year low of $54.72 and a one year high of $79.39. The business's 50 day moving average is $65.88 and its 200-day moving average is $68.71. 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 announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.05. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.32 billion during the quarter, compared to analysts' expectations of $4.05 billion. During the same period in the previous year, the firm earned $0.82 EPS. The company's quarterly revenue was up 29.8% compared to the same quarter last year. Sell-side 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 was paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th were issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date was Tuesday, March 18th. Amphenol's dividend payout ratio (DPR) is currently 34.55%.

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.