United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its holdings in shares of Amphenol Co. (NYSE:APH – Free Report) by 0.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 808,150 shares of the electronics maker’s stock after acquiring an additional 6,100 shares during the quarter. Amphenol comprises 2.2% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings, making the stock its 13th largest holding. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned approximately 0.07% of Amphenol worth $56,126,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APH. Nwam LLC acquired a new position in shares of Amphenol in the 3rd quarter worth approximately $229,000. Independent Advisor Alliance raised its holdings in shares of Amphenol by 106.0% in the 3rd quarter. Independent Advisor Alliance now owns 8,224 shares of the electronics maker’s stock valued at $536,000 after buying an additional 4,232 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares during the period. The Manufacturers Life Insurance Company increased its stake in Amphenol by 157.2% during the third quarter. The Manufacturers Life Insurance Company now owns 1,932,159 shares of the electronics maker’s stock worth $125,899,000 after purchasing an additional 1,180,944 shares during the period. Finally, Quantbot Technologies LP lifted its holdings in Amphenol by 231.5% during the 3rd quarter. Quantbot Technologies LP now owns 396,981 shares of the electronics maker’s stock worth $25,867,000 after buying an additional 277,245 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Amphenol Stock Performance
Shares of NYSE APH opened at $69.48 on Wednesday. The company has a 50-day simple moving average of $68.02 and a 200-day simple moving average of $68.69. 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 company has a market cap of $84.19 billion, a PE ratio of 36.28, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. Amphenol Co. has a 12 month low of $54.72 and a 12 month high of $79.39.
Amphenol Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Tuesday, March 18th. Amphenol’s payout ratio is currently 34.55%.
Analysts Set New Price Targets
A number of brokerages recently issued reports on APH. The Goldman Sachs Group lifted their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Robert W. Baird lifted their target price on shares of Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a report on Thursday, January 23rd. Citigroup increased their price objective on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Finally, Bank of America increased their price objective on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $80.68.
View Our Latest Research Report on APH
Amphenol Profile
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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