Amphenol Co. (NYSE:APH) Shares Acquired by Snyder Capital Management L P

Snyder Capital Management L P lifted its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 7.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,032,085 shares of the electronics maker's stock after buying an additional 141,285 shares during the period. Amphenol makes up approximately 2.9% of Snyder Capital Management L P's portfolio, making the stock its 7th largest position. Snyder Capital Management L P owned about 0.17% of Amphenol worth $141,128,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. raised its position in shares of Amphenol by 208.8% during the 4th quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker's stock valued at $1,765,000 after buying an additional 18,322 shares during the period. Spire Wealth Management raised its position in Amphenol by 34.1% in the fourth quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker's stock valued at $6,836,000 after purchasing an additional 25,007 shares during the period. Consolidated Planning Corp raised its position in Amphenol by 37.0% in the fourth quarter. Consolidated Planning Corp now owns 17,160 shares of the electronics maker's stock valued at $1,192,000 after purchasing an additional 4,631 shares during the period. Pines Wealth Management LLC purchased a new stake in Amphenol in the fourth quarter valued at approximately $553,000. Finally, Kanawha Capital Management LLC raised its position in Amphenol by 4.5% in the fourth quarter. Kanawha Capital Management LLC now owns 151,867 shares of the electronics maker's stock valued at $10,547,000 after purchasing an additional 6,481 shares during the period. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

NYSE APH traded up $0.05 during trading hours on Monday, hitting $75.90. The company had a trading volume of 5,879,691 shares, compared to its average volume of 7,460,931. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. Amphenol Co. has a 1-year low of $54.77 and a 1-year high of $79.39. The company has a market cap of $91.97 billion, a PE ratio of 39.63, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. The business has a 50 day moving average of $65.53 and a 200-day moving average of $69.01.

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, beating 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 quarter in the prior year, the firm posted $0.40 earnings per share. Amphenol's revenue for the quarter was up 47.7% on a year-over-year basis. As a group, equities research analysts expect that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.87%. Amphenol's dividend payout ratio is presently 32.04%.

Wall Street Analyst Weigh In

APH has been the topic of a number of research analyst reports. Fox Advisors raised Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 target price on the stock in a research report on Thursday. US Capital Advisors set a $85.00 price objective on Amphenol in a research report on Thursday. The Goldman Sachs Group upped their price objective on Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday. Bank of America upped their price objective on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. upped their price objective on Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a research report on Thursday. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $82.58.

About Amphenol

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.