Capstone Asset Management Co. Has $2.57 Million Position in Amphenol Corporation (NYSE:APH)

Capstone Asset Management Co. increased its stake in shares of Amphenol Corporation (NYSE:APH) by 0.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 34,856 shares of the electronics maker’s stock after buying an additional 7 shares during the period. Capstone Asset Management Co.’s holdings in Amphenol Corporation were worth $2,573,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in APH. GSA Capital Partners LLP bought a new position in shares of Amphenol Corporation during the fourth quarter valued at about $526,000. AQR Capital Management LLC boosted its position in shares of Amphenol Corporation by 6.5% in the fourth quarter. AQR Capital Management LLC now owns 22,688 shares of the electronics maker’s stock valued at $1,525,000 after buying an additional 1,392 shares during the last quarter. Numeric Investors LLC boosted its position in shares of Amphenol Corporation by 38.3% in the fourth quarter. Numeric Investors LLC now owns 8,300 shares of the electronics maker’s stock valued at $558,000 after buying an additional 2,300 shares during the last quarter. Israel Discount Bank of New York GFN bought a new position in shares of Amphenol Corporation during the fourth quarter valued at about $117,000. Finally, UBS Asset Management Americas Inc. boosted its position in shares of Amphenol Corporation by 103.1% in the fourth quarter. UBS Asset Management Americas Inc. now owns 1,745,948 shares of the electronics maker’s stock valued at $117,330,000 after buying an additional 886,502 shares during the last quarter. 96.75% of the stock is currently owned by institutional investors.

Amphenol Corporation (APH) traded down 0.01% on Tuesday, reaching $77.97. The company’s stock had a trading volume of 855,078 shares. The company’s 50 day moving average price is $75.09 and its 200-day moving average price is $72.05. Amphenol Corporation has a 12-month low of $59.58 and a 12-month high of $78.39. The stock has a market cap of $23.84 billion, a PE ratio of 26.25 and a beta of 0.77.

Amphenol Corporation (NYSE:APH) last posted its earnings results on Wednesday, July 26th. The electronics maker reported $0.81 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.09. The business had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.62 billion. Amphenol Corporation had a return on equity of 24.98% and a net margin of 14.37%. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 EPS. On average, equities analysts expect that Amphenol Corporation will post $3.09 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Shareholders of record on Monday, September 18th will be issued a $0.19 dividend. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16. The ex-dividend date is Friday, September 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.97%. Amphenol Corporation’s dividend payout ratio (DPR) is presently 21.55%.

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Several research analysts recently issued reports on APH shares. Royal Bank Of Canada lifted their target price on Amphenol Corporation from $75.00 to $77.00 and gave the company a “top pick” rating in a research report on Thursday, April 27th. Stifel Nicolaus lifted their target price on Amphenol Corporation from $64.00 to $72.00 and gave the company a “hold” rating in a research report on Thursday, April 27th. Zacks Investment Research raised Amphenol Corporation from a “hold” rating to a “buy” rating and set a $80.00 target price on the stock in a research report on Friday, April 28th. Deutsche Bank AG lifted their target price on Amphenol Corporation from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, April 28th. Finally, Morgan Stanley lifted their target price on Amphenol Corporation from $64.00 to $68.00 and gave the company an “equal weight” rating in a research report on Friday, April 28th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Amphenol Corporation presently has an average rating of “Buy” and an average price target of $78.38.

In other Amphenol Corporation news, CEO Richard Adam Norwitt sold 200,000 shares of Amphenol Corporation stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $77.95, for a total value of $15,590,000.00. Following the completion of the sale, the chief executive officer now owns 293,992 shares of the company’s stock, valued at approximately $22,916,676.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Luc Walter sold 110,400 shares of Amphenol Corporation stock in a transaction on Friday, August 4th. The shares were sold at an average price of $77.70, for a total value of $8,578,080.00. Following the transaction, the senior vice president now owns 130,400 shares in the company, valued at $10,132,080. The disclosure for this sale can be found here. In the last three months, insiders sold 1,203,400 shares of company stock valued at $90,352,140. Corporate insiders own 2.51% of the company’s stock.

Amphenol Corporation Company Profile

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.

Institutional Ownership by Quarter for Amphenol Corporation (NYSE:APH)

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