2,358 Shares in Amphenol Co. (NYSE:APH) Bought by Ewa LLC

Ewa LLC acquired a new position in shares of Amphenol Co. (NYSE:APH) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,358 shares of the electronics maker’s stock, valued at approximately $244,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. FMR LLC raised its holdings in shares of Amphenol by 1.3% during the third quarter. FMR LLC now owns 55,500,422 shares of the electronics maker’s stock worth $4,661,480,000 after acquiring an additional 691,964 shares during the period. JPMorgan Chase & Co. increased its stake in Amphenol by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,279,911 shares of the electronics maker’s stock valued at $1,283,360,000 after buying an additional 653,354 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Amphenol by 4.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 13,145,093 shares of the electronics maker’s stock valued at $1,104,056,000 after buying an additional 564,110 shares during the last quarter. Flossbach Von Storch AG increased its stake in Amphenol by 1.9% in the 3rd quarter. Flossbach Von Storch AG now owns 7,908,317 shares of the electronics maker’s stock valued at $664,220,000 after buying an additional 151,058 shares during the last quarter. Finally, Northern Trust Corp increased its stake in Amphenol by 6.0% in the 3rd quarter. Northern Trust Corp now owns 6,195,739 shares of the electronics maker’s stock valued at $520,380,000 after buying an additional 351,353 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amphenol

In other news, insider William J. Doherty sold 170,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total transaction of $17,595,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider William J. Doherty sold 170,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total transaction of $17,595,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Lance E. D’amico sold 15,000 shares of the stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $104.75, for a total transaction of $1,571,250.00. Following the transaction, the vice president now directly owns 25,700 shares in the company, valued at $2,692,075. The disclosure for this sale can be found here. In the last ninety days, insiders sold 305,000 shares of company stock worth $31,846,050. 1.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

APH has been the topic of several recent research reports. Bank of America lifted their price target on shares of Amphenol from $121.00 to $124.00 and gave the company a “buy” rating in a research note on Thursday. Robert W. Baird boosted their price objective on shares of Amphenol from $123.00 to $124.00 and gave the stock an “outperform” rating in a research note on Thursday. Citigroup boosted their price objective on shares of Amphenol from $117.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, April 4th. Stifel Nicolaus boosted their price objective on shares of Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a research note on Thursday, January 25th. Finally, The Goldman Sachs Group boosted their price objective on shares of Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $118.83.

Amphenol Price Performance

Shares of Amphenol stock traded up $1.16 on Monday, reaching $121.65. 1,789,805 shares of the stock were exchanged, compared to its average volume of 2,871,115. The firm’s 50 day moving average is $112.04 and its 200-day moving average is $99.92. The firm has a market cap of $73.18 billion, a PE ratio of 37.15, a P/E/G ratio of 3.17 and a beta of 1.30. Amphenol Co. has a one year low of $72.77 and a one year high of $122.09. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.43 and a current ratio of 2.06.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, April 24th. The electronics maker reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.07. Amphenol had a net margin of 15.87% and a return on equity of 23.85%. The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the prior year, the company posted $0.69 EPS. The company’s revenue was up 9.5% on a year-over-year basis. As a group, analysts anticipate that Amphenol Co. will post 3.34 EPS for the current fiscal year.

Amphenol declared that its Board of Directors has initiated a stock buyback program on Wednesday, April 24th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the electronics maker to purchase up to 2.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend was Monday, March 18th. Amphenol’s dividend payout ratio (DPR) is currently 26.91%.

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.