Amphenol Co. (NYSE:APH) Shares Purchased by Fiduciary Group LLC

Fiduciary Group LLC grew its stake in shares of Amphenol Co. (NYSE:APH) by 10.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,990 shares of the electronics maker’s stock after acquiring an additional 1,393 shares during the quarter. Fiduciary Group LLC’s holdings in Amphenol were worth $1,041,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Teacher Retirement System of Texas increased its holdings in shares of Amphenol by 56.9% during the fourth quarter. Teacher Retirement System of Texas now owns 1,187,588 shares of the electronics maker’s stock valued at $82,478,000 after acquiring an additional 430,837 shares in the last quarter. First National Bank of Hutchinson boosted its position in Amphenol by 3.7% in the fourth quarter. First National Bank of Hutchinson now owns 8,194 shares of the electronics maker’s stock valued at $569,000 after buying an additional 291 shares during the last quarter. Royal London Asset Management Ltd. boosted its position in Amphenol by 6.0% in the fourth quarter. Royal London Asset Management Ltd. now owns 665,854 shares of the electronics maker’s stock valued at $46,244,000 after buying an additional 37,706 shares during the last quarter. Zeno Equity Partners LLP purchased a new stake in Amphenol in the fourth quarter valued at approximately $11,359,000. Finally, Vinva Investment Management Ltd boosted its position in Amphenol by 20.0% in the fourth quarter. Vinva Investment Management Ltd now owns 55,792 shares of the electronics maker’s stock valued at $3,878,000 after buying an additional 9,307 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Trading Down 1.6 %

Shares of NYSE:APH opened at $66.35 on Friday. Amphenol Co. has a 1 year low of $54.72 and a 1 year high of $79.39. The firm has a market capitalization of $80.35 billion, a price-to-earnings ratio of 34.65, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The business’s 50 day moving average price is $68.08 and its 200-day moving average price is $68.48.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same quarter last year, the firm posted $0.82 EPS. The business’s revenue was up 29.8% on a year-over-year basis. On average, equities research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.99%. The ex-dividend date is Tuesday, March 18th. Amphenol’s dividend payout ratio is currently 34.55%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on APH shares. JPMorgan Chase & Co. upped their target price on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Bank of America upped their target price on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Citigroup upped their target price on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Robert W. Baird upped their price objective on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Finally, The Goldman Sachs Group upped their price objective on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $80.68.

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.