Stifel Financial Corp Acquires 117,518 Shares of Amphenol Co. (NYSE:APH)

Stifel Financial Corp raised its holdings in Amphenol Co. (NYSE:APH - Free Report) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,887,155 shares of the electronics maker's stock after buying an additional 117,518 shares during the quarter. Stifel Financial Corp owned about 0.57% of Amphenol worth $478,315,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Norges Bank bought a new position in Amphenol in the 4th quarter worth $1,378,794,000. Wellington Management Group LLP increased its position in shares of Amphenol by 619.9% during the fourth quarter. Wellington Management Group LLP now owns 7,014,111 shares of the electronics maker's stock valued at $487,130,000 after buying an additional 6,039,845 shares during the period. FMR LLC raised its stake in Amphenol by 2.6% in the fourth quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock worth $7,240,202,000 after buying an additional 2,643,752 shares in the last quarter. Madison Investment Advisors LLC purchased a new stake in Amphenol in the fourth quarter worth about $157,749,000. Finally, Vanguard Group Inc. boosted its position in Amphenol by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock valued at $10,565,279,000 after acquiring an additional 2,108,578 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on APH. US Capital Advisors set a $85.00 price target on Amphenol in a research report on Thursday. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a report on Thursday. Robert W. Baird increased their price target on shares of Amphenol from $73.00 to $85.00 and gave the stock an "outperform" rating in a research note on Thursday. The Goldman Sachs Group boosted their price objective on shares of Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 target price for the company in a research note on Thursday. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Amphenol has an average rating of "Moderate Buy" and a consensus price target of $82.58.

Amphenol Stock Down 0.3 %

Shares of APH stock traded down $0.22 during mid-day trading on Friday, hitting $75.81. The company's stock had a trading volume of 14,324,575 shares, compared to its average volume of 7,474,930. 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 52-week low of $54.77 and a 52-week high of $79.39. The stock has a market cap of $91.87 billion, a price-to-earnings ratio of 39.59, a PEG ratio of 1.92 and a beta of 1.17. The business has a 50-day moving average price of $65.39 and a 200 day moving average price of $68.87.

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

Amphenol Announces Dividend

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

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.