Segall Bryant & Hamill LLC lowered its stake in shares of Amphenol Co. (NYSE:APH) by 2.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 313,428 shares of the electronics maker’s stock after selling 7,144 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.10% of Amphenol worth $27,519,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the business. Dupont Capital Management Corp bought a new stake in shares of Amphenol in the fourth quarter valued at approximately $115,000. Tower Research Capital LLC TRC boosted its position in shares of Amphenol by 87.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,369 shares of the electronics maker’s stock valued at $120,000 after acquiring an additional 640 shares during the period. Fusion Family Wealth LLC bought a new stake in shares of Amphenol in the fourth quarter valued at approximately $121,000. CENTRAL TRUST Co boosted its position in shares of Amphenol by 52.6% in the fourth quarter. CENTRAL TRUST Co now owns 1,915 shares of the electronics maker’s stock valued at $168,000 after acquiring an additional 660 shares during the period. Finally, Zions Bancorporation bought a new stake in shares of Amphenol in the third quarter valued at approximately $169,000. 96.54% of the stock is owned by hedge funds and other institutional investors.
Amphenol stock opened at $92.00 on Monday. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.95 and a quick ratio of 2.25. The company has a market capitalization of $28,104.51, a price-to-earnings ratio of 44.88, a P/E/G ratio of 2.70 and a beta of 0.81. Amphenol Co. has a 12 month low of $68.57 and a 12 month high of $93.62.
Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.05. Amphenol had a return on equity of 26.09% and a net margin of 9.28%. The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same period in the prior year, the company posted $0.75 earnings per share. The business’s revenue for the quarter was up 17.7% compared to the same quarter last year. research analysts predict that Amphenol Co. will post 3.45 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Monday, March 19th will be paid a dividend of $0.19 per share. The ex-dividend date is Friday, March 16th. This represents a $0.76 annualized dividend and a yield of 0.83%. Amphenol’s dividend payout ratio is currently 37.07%.
In other Amphenol news, VP Lance E. D’amico sold 10,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $92.07, for a total transaction of $920,700.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John R. Lord sold 2,000 shares of the stock in a transaction on Sunday, September 2nd. The stock was sold at an average price of $62.47, for a total value of $124,940.00. Following the transaction, the director now owns 38,677 shares of the company’s stock, valued at $2,416,152.19. The disclosure for this sale can be found here. Corporate insiders own 2.51% of the company’s stock.
APH has been the subject of several research reports. Zacks Investment Research cut Amphenol from a “buy” rating to a “hold” rating in a research report on Tuesday, December 26th. Morgan Stanley reissued an “equal weight” rating and issued a $85.00 price objective on shares of Amphenol in a research report on Wednesday, December 13th. Cowen reissued a “buy” rating and issued a $105.00 price objective on shares of Amphenol in a research report on Wednesday, January 10th. Finally, SunTrust Banks reissued a “hold” rating and issued a $89.00 price objective (up from $82.00) on shares of Amphenol in a research report on Thursday, January 25th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $92.00.
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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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