Amphenol Co. (NYSE:APH) is Fenimore Asset Management Inc's 8th Largest Position

Fenimore Asset Management Inc trimmed its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,304,485 shares of the electronics maker's stock after selling 22,150 shares during the quarter. Amphenol comprises about 3.4% of Fenimore Asset Management Inc's investment portfolio, making the stock its 8th largest holding. Fenimore Asset Management Inc owned approximately 0.19% of Amphenol worth $160,046,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of APH. Trifecta Capital Advisors LLC raised its position in shares of Amphenol by 352.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker's stock valued at $28,000 after buying an additional 338 shares in the last quarter. Core Alternative Capital raised its position in Amphenol by 100.0% during the second quarter. Core Alternative Capital now owns 462 shares of the electronics maker's stock valued at $31,000 after purchasing an additional 231 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker's stock valued at $32,000 after purchasing an additional 166 shares in the last quarter. Continuum Advisory LLC increased its stake in shares of Amphenol by 89.3% in the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker's stock valued at $32,000 after purchasing an additional 234 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its position in Amphenol by 100.3% in the second quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker's stock valued at $44,000 after acquiring an additional 324 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Insiders Place Their Bets

In related news, insider Peter Straub sold 132,000 shares of Amphenol stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $74.12, for a total value of $9,783,840.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David M. Silverman sold 180,000 shares of the company's stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $68.84, for a total transaction of $12,391,200.00. Following the sale, the vice president now directly owns 14,000 shares in the company, valued at approximately $963,760. This trade represents a 92.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,842,672 shares of company stock valued at $128,858,080 in the last three months. 1.80% of the stock is currently owned by insiders.

Amphenol Stock Down 1.9 %

Amphenol stock traded down $1.46 during midday trading on Friday, reaching $77.10. The stock had a trading volume of 6,318,823 shares, compared to its average volume of 5,456,573. The company has a fifty day moving average price of $72.12 and a two-hundred day moving average price of $68.00. The company has a market capitalization of $92.95 billion, a P/E ratio of 40.26, a PEG ratio of 2.12 and a beta of 1.24. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 12 month low of $49.38 and a 12 month high of $79.39.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion for the quarter, compared to analysts' expectations of $4,051,810 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. Amphenol's quarterly revenue was up 29.8% compared to the same quarter last year. During the same period last year, the business earned $0.82 EPS. As a group, equities analysts expect that Amphenol Co. will post 2.17 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol's dividend payout ratio (DPR) is presently 34.55%.

Wall Street Analysts Forecast Growth

APH has been the subject of several research analyst reports. JPMorgan Chase & Co. upped 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. Robert W. Baird raised their price objective on Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a research report on Thursday. TD Cowen increased their target price on shares of Amphenol from $60.00 to $63.00 and gave the company a "hold" rating in a research report on Friday, October 25th. The Goldman Sachs Group boosted their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Evercore ISI increased their price objective on shares of Amphenol from $75.00 to $80.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $77.92.

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.