Amphenol Co. (NYSE:APH) Holdings Decreased by First Trust Advisors LP

First Trust Advisors LP trimmed its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 67.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,245,827 shares of the electronics maker's stock after selling 2,623,816 shares during the period. First Trust Advisors LP owned approximately 0.10% of Amphenol worth $86,523,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Amphenol by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock worth $10,565,279,000 after acquiring an additional 2,108,578 shares in the last quarter. FMR LLC raised its position in Amphenol by 2.6% in the 4th quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock valued at $7,240,202,000 after purchasing an additional 2,643,752 shares during the last quarter. Geode Capital Management LLC grew its position in 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 during the last quarter. Norges Bank acquired a new stake in shares of Amphenol during the fourth quarter worth about $1,378,794,000. Finally, Invesco Ltd. raised its stake in Amphenol by 1.2% during the 4th quarter. Invesco Ltd. now owns 9,057,928 shares of the electronics maker's stock valued at $629,073,000 after acquiring an additional 107,482 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Trading Up 7.0 %

NYSE APH traded up $4.98 during trading hours on Thursday, hitting $76.13. 14,919,161 shares of the company's stock were exchanged, compared to its average volume of 7,447,535. 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 firm has a market capitalization of $92.25 billion, a P/E ratio of 39.75, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. Amphenol Co. has a 12-month low of $54.77 and a 12-month high of $79.39. The business's 50 day moving average is $65.39 and its 200-day moving average is $68.87.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.11. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the firm earned $0.40 earnings per share. As a group, analysts anticipate that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were issued a dividend of $0.165 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.87%. Amphenol's dividend payout ratio is presently 34.55%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a report on Thursday. Citigroup lifted their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a "buy" rating in a report on Thursday. US Capital Advisors set a $85.00 price target on shares of Amphenol in a report on Thursday. Robert W. Baird boosted their target price on Amphenol from $73.00 to $85.00 and gave the stock an "outperform" rating in a research report on Thursday. Finally, Bank of America raised their price target on Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $82.58.

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.