2 days Ago By Defense World Staff
American Century Companies Inc. lifted its position in shares of Amphenol Co. ( NYSE:APH – Free Report ) by 12.
2% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 646,034 shares of the electronics maker’s stock after buying an additional 70,465 shares during the quarter. American Century Companies Inc.
owned approximately 0.05% of Amphenol worth $43,523,000 at the end of the most recent quarter. Several other hedge funds also recently bought and sold shares of APH.
Bank of New York Mellon Corp boosted its stake in Amphenol by 92.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 36,637,988 shares of the electronics maker’s stock worth $2,468,301,000 after purchasing an additional 17,552,921 shares during the period.
Price T Rowe Associates Inc. MD lifted its holdings in shares of Amphenol by 39.9% in the 4th quarter.
Price T Rowe Associates Inc. MD now owns 29,245,014 shares of the electronics maker’s stock valued at $2,899,059,000 after acquiring an additional 8,340,759 shares during the last quarter. Mawer Investment Management Ltd.
increased its stake in Amphenol by 88.9% during the second quarter. Mawer Investment Management Ltd.
now owns 15,455,006 shares of the electronics maker’s stock worth $1,041,204,000 after acquiring an additional 7,275,279 shares during the last quarter. National Bank of Canada FI raised its position in Amphenol by 263.0% during the second quarter.
National Bank of Canada FI now owns 3,568,426 shares of the electronics maker’s stock valued at $240,935,000 after purchasing an additional 2,585,282 shares during the period. Finally, TD Asset Management Inc lifted its stake in shares of Amphenol by 77.2% in the 2nd quarter.
TD Asset Management Inc now owns 4,437,918 shares of the electronics maker’s stock valued at $298,983,000 after purchasing an additional 1,933,738 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.
Wall Street Analysts Forecast Growth APH has been the subject of a number of analyst reports. TD Cowen raised their price target on Amphenol from $45.00 to $57.
50 and gave the stock a “hold” rating in a research report on Thursday, June 6th. UBS Group upped their price target on shares of Amphenol from $69.00 to $80.
00 and gave the company a “buy” rating in a report on Wednesday, July 10th. Bank of America downgraded shares of Amphenol from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $80.00 to $71.
00 in a research note on Wednesday, September 4th. Robert W. Baird cut their target price on Amphenol from $72.
00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, July 25th. Finally, Vertical Research began coverage on Amphenol in a research note on Tuesday, July 23rd.
They set a “hold” rating and a $65.00 price target for the company. Six investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock.
According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $65.04. Insider Buying and Selling at Amphenol In other news, insider William J.
Doherty sold 300,000 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $65.83, for a total transaction of $19,749,000.
00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . In other news, VP Lance E.
D’amico sold 100,000 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $65.63, for a total value of $6,563,000.
00. Following the sale, the vice president now owns 51,400 shares in the company, valued at $3,373,382. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link .
Also, insider William J. Doherty sold 300,000 shares of Amphenol stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $65.
83, for a total value of $19,749,000.00. The disclosure for this sale can be found here .
Over the last ninety days, insiders sold 1,516,000 shares of company stock worth $98,236,640. 1.80% of the stock is owned by insiders.
Amphenol Stock Down 0.5 % Amphenol stock opened at $63.27 on Tuesday.
The firm has a market cap of $76.20 billion, a P/E ratio of 38.70, a P/E/G ratio of 2.
45 and a beta of 1.24. The company has a quick ratio of 1.
32, a current ratio of 2.02 and a debt-to-equity ratio of 0.56.
Amphenol Co. has a twelve month low of $39.34 and a twelve month high of $70.
84. The business has a fifty day moving average of $64.52 and a two-hundred day moving average of $62.
82. Amphenol ( NYSE:APH – Get Free Report ) last released its quarterly earnings results on Wednesday, July 24th. The electronics maker reported $0.
44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03.
Amphenol had a net margin of 15.69% and a return on equity of 24.08%.
The business had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.39 billion.
During the same period last year, the business earned $0.72 EPS. The company’s revenue was up 18.
2% compared to the same quarter last year. On average, analysts forecast that Amphenol Co. will post 1.
76 earnings per share for the current fiscal year. Amphenol Cuts Dividend The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 9th. Investors of record on Tuesday, September 17th will be paid a dividend of $0.
165 per share. The ex-dividend date is Tuesday, September 17th. This represents a $0.
66 annualized dividend and a yield of 1.04%. Amphenol’s dividend payout ratio (DPR) is 26.
91%. Amphenol Company Profile ( Free Report ) 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.
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