A number of other large investors also recently added to or reduced their stakes in APH. Benjamin F. Edwards & Company Inc. increased its stake in Amphenol Corporation by 103.9% in the third quarter. Benjamin F. Edwards & Company Inc. now owns 2,190 shares of the company’s stock valued at $142,000 after buying an additional 1,116 shares in the last quarter. Penserra Capital Management LLC increased its stake in Amphenol Corporation by 95.5% in the third quarter. Penserra Capital Management LLC now owns 2,399 shares of the company’s stock valued at $154,000 after buying an additional 1,172 shares in the last quarter. Global X Management Co. LLC increased its stake in Amphenol Corporation by 85.7% in the third quarter. Global X Management Co. LLC now owns 2,809 shares of the company’s stock valued at $182,000 after buying an additional 1,296 shares in the last quarter. Smithfield Trust Co. acquired a new stake in Amphenol Corporation during the third quarter valued at about $193,000. Finally, Capital One National Association acquired a new stake in Amphenol Corporation during the third quarter valued at about $200,000. Hedge funds and other institutional investors own 96.70% of the company’s stock.
Fayerweather Charles continued to hold its stake in Amphenol Corporation (NYSE:APH) during the third quarter, Holdings Channel reports. The fund owned 3,600 shares of the company’s stock at the end of the third quarter. Fayerweather Charles’ holdings in Amphenol Corporation were worth $234,000 as of its most recent SEC filing.
Shares of Amphenol Corporation (NYSE:APH) opened at 68.77 on Monday. The firm has a market capitalization of $21.22 billion, a PE ratio of 26.35 and a beta of 0.86. Amphenol Corporation has a 12-month low of $48.87 and a 12-month high of $69.25. The company has a 50-day moving average of $67.71 and a 200 day moving average of $65.14.
Amphenol Corporation (NYSE:APH) last posted its earnings results on Wednesday, January 25th. The company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.61 billion. Amphenol Corporation had a return on equity of 23.73% and a net margin of 13.09%. The firm’s revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.63 EPS. On average, analysts predict that Amphenol Corporation will post $2.91 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 11th. Shareholders of record on Monday, March 20th will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Thursday, March 16th. Amphenol Corporation’s dividend payout ratio is 24.52%.
Several equities research analysts have issued reports on the stock. Citigroup Inc. reiterated a “buy” rating and set a $80.00 price objective on shares of Amphenol Corporation in a research note on Thursday, January 26th. Zacks Investment Research downgraded shares of Amphenol Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, December 20th. Royal Bank Of Canada boosted their price objective on shares of Amphenol Corporation from $69.00 to $71.00 and gave the stock a “top pick” rating in a research note on Wednesday, November 30th. Finally, RBC Capital Markets reiterated a “top pick” rating and set a $69.00 price objective (up from $68.00) on shares of Amphenol Corporation in a research note on Saturday, October 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, three have assigned a buy rating and two have issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $72.33.
About Amphenol Corporation
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: Interconnect Products and Assemblies, and Cable Products and Solutions.
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