Aperio Group LLC lifted its stake in Amphenol Co. (NYSE:APH) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 154,645 shares of the electronics maker’s stock after purchasing an additional 12,079 shares during the quarter. Aperio Group LLC’s holdings in Amphenol were worth $13,578,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in APH. Dupont Capital Management Corp purchased a new position in Amphenol during the 4th quarter valued at $115,000. Cribstone Capital Management LLC boosted its holdings in Amphenol by 123.5% during the 3rd quarter. Cribstone Capital Management LLC now owns 1,900 shares of the electronics maker’s stock valued at $161,000 after acquiring an additional 1,050 shares during the period. CENTRAL TRUST Co boosted its holdings in Amphenol by 52.6% during the 4th 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. Zions Bancorporation purchased a new position in Amphenol during the 3rd quarter valued at $169,000. Finally, Shelton Capital Management purchased a new position in Amphenol during the 3rd quarter valued at $201,000. Hedge funds and other institutional investors own 97.00% of the company’s stock.
A number of equities analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Amphenol from $87.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, January 25th. SunTrust Banks restated a “hold” rating and set a $89.00 price objective (up previously from $82.00) on shares of Amphenol in a report on Thursday, January 25th. Zacks Investment Research cut Amphenol from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Cowen restated a “buy” rating and set a $105.00 price objective on shares of Amphenol in a report on Wednesday, January 10th. Finally, Wells Fargo & Co assumed coverage on Amphenol in a report on Friday, November 10th. They set an “outperform” rating and a $98.00 price objective for the company. Six research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $92.00.
Amphenol (NYSE:APH) last issued its earnings results on Wednesday, January 24th. The electronics maker reported $0.86 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.05. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.80 billion. Amphenol had a return on equity of 26.09% and a net margin of 9.28%. Amphenol’s revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS. equities research analysts predict that Amphenol Co. will post 3.45 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Monday, March 19th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Friday, March 16th. Amphenol’s dividend payout ratio (DPR) is presently 37.07%.
In other Amphenol news, CFO Craig A. Lampo sold 10,000 shares of Amphenol stock in a transaction on Friday, November 17th. The stock was sold at an average price of $89.51, for a total transaction of $895,100.00. Following the completion of the sale, the chief financial officer now directly owns 35,000 shares of the company’s stock, valued at approximately $3,132,850. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Diana G. Reardon sold 503,000 shares of Amphenol stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $90.73, for a total value of $45,637,190.00. Following the sale, the director now directly owns 260,000 shares of the company’s stock, valued at $23,589,800. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 523,000 shares of company stock valued at $47,452,990. 2.51% of the stock is currently owned by corporate insiders.
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.
Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Co. (NYSE:APH).
Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.