Robeco Institutional Asset Management B.V. Has $60.51 Million Stock Holdings in Amphenol Co. (NYSE:APH)

Robeco Institutional Asset Management B.V. trimmed its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 871,230 shares of the electronics maker's stock after selling 27,776 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.07% of Amphenol worth $60,507,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in APH. Jacobs Levy Equity Management Inc. raised its holdings 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 worth $280,397,000 after buying an additional 2,032,402 shares during the period. Two Sigma Advisers LP purchased a new stake in shares of Amphenol during the third quarter valued at $113,828,000. State Street Corp grew its holdings in shares of Amphenol by 3.0% in the third quarter. State Street Corp now owns 53,534,216 shares of the electronics maker's stock worth $3,496,777,000 after purchasing an additional 1,537,880 shares during the last quarter. Point72 Asset Management L.P. increased its stake in Amphenol by 151.7% in the 3rd quarter. Point72 Asset Management L.P. now owns 2,210,672 shares of the electronics maker's stock worth $144,047,000 after buying an additional 1,332,298 shares during the period. Finally, The Manufacturers Life Insurance Company grew its stake in Amphenol by 157.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,932,159 shares of the electronics maker's stock worth $125,899,000 after acquiring an additional 1,180,944 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 300,000 shares of Amphenol stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $71.56, for a total transaction of $21,468,000.00. Following the sale, the chief financial officer now owns 318,116 shares in the company, valued at $22,764,380.96. The trade was a 48.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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 value of $9,783,840.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 612,000 shares of company stock valued at $44,177,640. 1.80% of the stock is currently owned by corporate insiders.

Amphenol Trading Up 2.8 %

Shares of Amphenol stock traded up $1.95 during trading hours on Thursday, reaching $71.33. The stock had a trading volume of 1,350,551 shares, compared to its average volume of 7,951,849. Amphenol Co. has a 1 year low of $50.48 and a 1 year high of $79.39. The firm has a 50 day simple moving average of $71.99 and a two-hundred day simple moving average of $67.97. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $86.00 billion, a price-to-earnings ratio of 37.27, a P/E/G ratio of 2.12 and a beta of 1.24.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05. The firm had revenue of $4.32 billion for the quarter, compared to analysts' expectations of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. Amphenol's revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 earnings per share. As a group, equities research analysts anticipate that Amphenol Co. will post 2.17 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.93%. Amphenol's dividend payout ratio (DPR) is currently 34.46%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on APH shares. The Goldman Sachs Group boosted their price target on Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Evercore ISI upped their target price on Amphenol from $75.00 to $80.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Truist Financial upped their price objective on shares of Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Finally, TD Cowen raised their target price on shares of Amphenol from $60.00 to $63.00 and gave the company a "hold" rating in a research note on Friday, October 25th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $80.68.

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.