Amphenol Co. (NYSE:APH) Holdings Cut by Flossbach Von Storch SE

Flossbach Von Storch SE trimmed its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,314,404 shares of the electronics maker's stock after selling 33,226 shares during the quarter. Amphenol accounts for approximately 3.4% of Flossbach Von Storch SE's portfolio, making the stock its 10th largest holding. Flossbach Von Storch SE owned about 1.02% of Amphenol worth $855,235,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. State Street Corp boosted its stake in Amphenol by 3.0% in the third quarter. State Street Corp now owns 53,534,216 shares of the electronics maker's stock valued at $3,496,777,000 after acquiring an additional 1,537,880 shares during the last quarter. Geode Capital Management LLC lifted its stake in Amphenol by 2.3% in the third quarter. Geode Capital Management LLC now owns 24,666,093 shares of the electronics maker's stock valued at $1,601,540,000 after purchasing an additional 564,991 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Amphenol by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,558,670 shares of the electronics maker's stock valued at $427,363,000 after purchasing an additional 63,180 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its position in Amphenol by 25.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,329,913 shares of the electronics maker's stock worth $347,297,000 after buying an additional 1,073,480 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its stake in shares of Amphenol by 89.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker's stock valued at $280,397,000 after buying an additional 2,032,402 shares during the period. 97.01% of the stock is owned by institutional investors.

Amphenol Price Performance

APH traded down $0.30 during trading on Monday, reaching $67.28. The stock had a trading volume of 5,253,360 shares, compared to its average volume of 7,553,176. The business has a 50-day moving average of $70.73 and a 200-day moving average of $68.74. Amphenol Co. has a one year low of $53.67 and a one year high of $79.39. 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 stock has a market cap of $81.48 billion, a PE ratio of 35.11, a PEG ratio of 1.97 and a beta of 1.23.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS 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 for the quarter, compared to analyst estimates of $4.05 billion. During the same period in the prior year, the company earned $0.82 EPS. The company's revenue was up 29.8% on a year-over-year basis. As a group, equities research analysts anticipate that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Tuesday, March 18th. Amphenol's payout ratio is presently 34.55%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on APH shares. The Goldman Sachs Group lifted their price objective on Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Bank of America lifted their target price 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. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. Robert W. Baird boosted 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, Truist Financial raised their price target on Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Amphenol presently has an average rating of "Moderate Buy" and an average target price of $80.68.

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.