James Hambro & Partners LLP lessened its stake in shares of Amphenol Co. (NYSE:APH - Free Report) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,949,891 shares of the electronics maker's stock after selling 31,713 shares during the period. Amphenol accounts for 5.3% of James Hambro & Partners LLP's portfolio, making the stock its 6th largest holding. James Hambro & Partners LLP owned 0.16% of Amphenol worth $135,508,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of the company. Trifecta Capital Advisors LLC raised its holdings in 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 acquiring an additional 338 shares in the last quarter. Core Alternative Capital lifted its position in Amphenol by 100.0% in the second quarter. Core Alternative Capital now owns 462 shares of the electronics maker's stock worth $31,000 after purchasing an additional 231 shares during the period. Brown Brothers Harriman & Co. boosted its stake in Amphenol by 50.0% during the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker's stock worth $32,000 after buying an additional 166 shares in the last quarter. Continuum Advisory LLC increased its holdings in 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 buying an additional 234 shares during the period. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Amphenol by 100.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker's stock worth $44,000 after acquiring an additional 324 shares during the period. 97.01% of the stock is currently owned by institutional investors.
Insider Activity
In other Amphenol news, VP David M. Silverman sold 180,000 shares of Amphenol stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total value of $12,391,200.00. Following the completion of the sale, the vice president now directly owns 14,000 shares in the company, valued at approximately $963,760. The trade was a 92.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Peter Straub sold 132,000 shares of the firm's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $74.12, for a total transaction of $9,783,840.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,842,672 shares of company stock valued at $128,858,080. 1.80% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of research analysts have issued reports on APH shares. Citigroup lifted their price objective on Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a report on Friday, January 17th. Robert W. Baird boosted their price target on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research report on Thursday. Bank of America lifted their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday. The Goldman Sachs Group increased their target price on Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a report on Thursday. Finally, 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 research report on Thursday. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Amphenol has an average rating of "Moderate Buy" and an average target price of $80.68.
Get Our Latest Analysis on APH
Amphenol Trading Down 12.6 %
Shares of APH stock traded down $9.70 during trading hours on Monday, reaching $67.49. The company had a trading volume of 22,330,692 shares, compared to its average volume of 8,117,737. Amphenol Co. has a 1-year low of $49.97 and a 1-year high of $79.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.33. The firm has a market cap of $81.36 billion, a price-to-earnings ratio of 35.24, a P/E/G ratio of 2.12 and a beta of 1.24. The company has a 50 day moving average of $72.12 and a 200 day moving average of $67.98.
Amphenol (NYSE:APH - Get Free Report) last released 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 business had revenue of $4.32 billion for the quarter, compared to analysts' expectations of $4,051,810 billion. During the same quarter in the previous year, the business posted $0.82 EPS. Amphenol's revenue for the quarter was up 29.8% on a year-over-year basis. On average, equities research analysts anticipate that Amphenol Co. will post 2.17 EPS for the current 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 given a dividend of $0.165 per share. The ex-dividend date was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.98%. Amphenol's dividend payout ratio (DPR) is 34.46%.
About Amphenol
(
Free Report)
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.
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