Flinton Capital Management LLC lifted its holdings in Amphenol Co. (NYSE:APH) by 5.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,622 shares of the electronics maker’s stock after acquiring an additional 1,326 shares during the period. Flinton Capital Management LLC’s holdings in Amphenol were worth $2,337,000 as of its most recent filing with the SEC.
Several other hedge funds have also added to or reduced their stakes in APH. BlackRock Inc. grew its stake in shares of Amphenol by 9.8% in the fourth quarter. BlackRock Inc. now owns 21,118,863 shares of the electronics maker’s stock valued at $1,854,233,000 after acquiring an additional 1,880,658 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Amphenol by 89.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,058,086 shares of the electronics maker’s stock valued at $92,909,000 after acquiring an additional 500,762 shares in the last quarter. Swiss National Bank grew its stake in shares of Amphenol by 42.7% in the fourth quarter. Swiss National Bank now owns 1,607,750 shares of the electronics maker’s stock valued at $141,160,000 after acquiring an additional 480,900 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Amphenol in the fourth quarter valued at about $35,814,000. Finally, Carillon Tower Advisers Inc. acquired a new position in shares of Amphenol in the fourth quarter valued at about $32,058,000. Institutional investors and hedge funds own 96.70% of the company’s stock.
APH has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of Amphenol from a “hold” rating to a “buy” rating and set a $102.00 price objective on the stock in a research note on Wednesday, January 10th. Cowen reiterated a “buy” rating and set a $105.00 price objective on shares of Amphenol in a research note on Wednesday, January 10th. Morgan Stanley increased their price objective on shares of Amphenol from $87.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 25th. Finally, SunTrust Banks reiterated a “hold” rating and set a $89.00 price objective (up from $82.00) on shares of Amphenol in a research note on Thursday, January 25th. Six equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $92.00.
Shares of Amphenol Co. (APH) opened at $91.95 on Friday. The stock has a market cap of $27,912.05, a PE ratio of 44.85, a price-to-earnings-growth ratio of 2.68 and a beta of 0.81. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.25 and a current ratio of 2.95. Amphenol Co. has a one year low of $68.57 and a one year high of $93.62.
Amphenol (NYSE:APH) last posted its earnings results on Wednesday, January 24th. The electronics maker reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Amphenol had a net margin of 9.28% and a return on equity of 26.09%. The business’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 earnings per share. equities analysts predict that Amphenol Co. will post 3.45 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Monday, March 19th will be issued a $0.19 dividend. The ex-dividend date is Friday, March 16th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.83%. Amphenol’s dividend payout ratio (DPR) is currently 37.07%.
In other news, VP Lance E. D’amico sold 10,000 shares of the stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $92.07, for a total value of $920,700.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John R. Lord sold 2,000 shares of the stock in a transaction dated Sunday, September 2nd. The stock was sold at an average price of $62.47, for a total transaction of $124,940.00. Following the completion of the transaction, the director now directly owns 38,677 shares of the company’s stock, valued at approximately $2,416,152.19. The disclosure for this sale can be found here. 2.51% of the stock is currently owned by corporate insiders.
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Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.
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