Amphenol Co. (NYSE:APH) Shares Acquired by FIL Ltd

FIL Ltd raised its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 3,363.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 299,462 shares of the electronics maker's stock after buying an additional 290,816 shares during the quarter. FIL Ltd's holdings in Amphenol were worth $20,798,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Tacita Capital Inc boosted its position in shares of Amphenol by 328.9% in the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after purchasing an additional 296 shares in the last quarter. Sierra Ocean LLC purchased a new position in shares of Amphenol in the 4th quarter valued at approximately $28,000. Rialto Wealth Management LLC purchased a new position in shares of Amphenol in the fourth quarter worth $28,000. Rakuten Securities Inc. grew its holdings in shares of Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after buying an additional 366 shares during the last quarter. Finally, Continuum Advisory LLC grew its stake in Amphenol by 89.3% during 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. Institutional investors own 97.01% of the company's stock.

Amphenol Price Performance

Shares of APH traded up $0.86 during trading hours on Thursday, hitting $65.63. 2,396,347 shares of the stock were exchanged, compared to its average volume of 7,383,509. The stock's 50-day moving average price is $65.62 and its two-hundred day moving average price is $68.67. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. The company has a market cap of $79.53 billion, a price-to-earnings ratio of 34.20, 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.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $4.05 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. Amphenol's quarterly revenue was up 29.8% on a year-over-year basis. Research analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 1.01%. Amphenol's payout ratio is 34.55%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Amphenol from $90.00 to $85.00 and set an "overweight" rating for the company in a research report on Thursday. Citigroup reduced their price objective on Amphenol from $89.00 to $75.00 and set a "buy" rating for the company in a research note on Monday. Bank of America raised their target price on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Robert W. Baird lifted their target price on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a report on Thursday, January 23rd. Finally, UBS Group cut their price objective on shares of Amphenol from $90.00 to $78.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Four equities research 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 a consensus rating of "Moderate Buy" and an average target price of $79.40.

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.