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%.
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.
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