Regency Capital Management Inc. DE lessened its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,366 shares of the electronics maker’s stock after selling 4,346 shares during the quarter. Amphenol comprises 4.7% of Regency Capital Management Inc. DE’s investment portfolio, making the stock its 6th largest position. Regency Capital Management Inc. DE’s holdings in Amphenol were worth $11,401,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of APH. Verus Capital Partners LLC lifted its position in Amphenol by 26.7% in the 4th quarter. Verus Capital Partners LLC now owns 3,178 shares of the electronics maker’s stock worth $429,000 after buying an additional 670 shares during the last quarter. TD Asset Management Inc increased its stake in Amphenol by 105.7% in the 4th quarter. TD Asset Management Inc now owns 4,088,713 shares of the electronics maker’s stock worth $552,549,000 after purchasing an additional 2,100,544 shares during the period. Cibc World Market Inc. increased its stake in shares of Amphenol by 2.7% during the fourth quarter. Cibc World Market Inc. now owns 299,741 shares of the electronics maker’s stock valued at $40,507,000 after buying an additional 7,854 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Amphenol by 12.2% during the fourth quarter. Sivia Capital Partners LLC now owns 9,104 shares of the electronics maker’s stock valued at $1,230,000 after buying an additional 991 shares during the period. Finally, WCG Wealth Advisors LLC purchased a new position in shares of Amphenol during the fourth quarter valued at approximately $4,543,000. Institutional investors own 97.01% of the company’s stock.
Amphenol Trading Down 0.6%
NYSE APH opened at $146.77 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.71 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a twelve month low of $91.06 and a twelve month high of $167.04. The firm has a market capitalization of $180.56 billion, a PE ratio of 42.18, a P/E/G ratio of 1.29 and a beta of 1.27. The stock’s 50 day moving average is $136.82 and its 200 day moving average is $138.94.
Amphenol Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 23rd will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s payout ratio is currently 28.74%.
Insider Buying and Selling at Amphenol
In other Amphenol news, CEO Richard Adam Norwitt sold 17,500 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00. Following the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $276,038,277.47. The trade was a 0.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 130,775 shares of company stock worth $18,709,350 in the last 90 days. Insiders own 1.42% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on APH. Seaport Research Partners reissued a “buy” rating and set a $215.00 target price on shares of Amphenol in a research note on Thursday, April 30th. Citigroup reissued a “buy” rating and set a $180.00 target price (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Robert W. Baird set a $177.00 target price on Amphenol in a research note on Thursday, April 30th. BNP Paribas Exane boosted their target price on Amphenol from $195.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. Finally, Rothschild & Co Redburn boosted their target price on Amphenol from $160.00 to $172.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus target price of $176.87.
View Our Latest Stock Analysis on APH
Amphenol Profile
Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.
Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.
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