Carillon Tower Advisers Inc. purchased a new stake in Amphenol Co. (NYSE:APH) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 365,129 shares of the electronics maker’s stock, valued at approximately $32,058,000.
Several other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. boosted its holdings in shares of Amphenol by 9.8% in the fourth quarter. BlackRock Inc. now owns 21,118,863 shares of the electronics maker’s stock valued at $1,854,233,000 after buying an additional 1,880,658 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Amphenol by 2.1% in the third quarter. JPMorgan Chase & Co. now owns 8,634,492 shares of the electronics maker’s stock valued at $710,446,000 after buying an additional 173,637 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in shares of Amphenol by 0.9% in the fourth quarter. UBS Asset Management Americas Inc. now owns 2,823,577 shares of the electronics maker’s stock valued at $247,910,000 after buying an additional 23,894 shares during the period. Amundi Pioneer Asset Management Inc. boosted its holdings in Amphenol by 0.7% during the third quarter. Amundi Pioneer Asset Management Inc. now owns 2,381,455 shares of the electronics maker’s stock worth $201,566,000 after purchasing an additional 15,791 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Amphenol by 3.7% during the fourth quarter. Wells Fargo & Company MN now owns 2,108,479 shares of the electronics maker’s stock worth $185,125,000 after purchasing an additional 74,915 shares during the last quarter. Institutional investors own 95.51% of the company’s stock.
Several brokerages recently commented on APH. Zacks Investment Research cut shares of Amphenol from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. SunTrust Banks restated a “hold” rating and set a $89.00 target price (up previously from $82.00) on shares of Amphenol in a report on Thursday, January 25th. Morgan Stanley increased their target price on shares of Amphenol from $87.00 to $90.00 and gave the stock an “equal weight” rating in a report on Thursday, January 25th. Cowen restated a “buy” rating and set a $105.00 target price on shares of Amphenol in a report on Wednesday, January 10th. Finally, Wells Fargo & Co began coverage on shares of Amphenol in a report on Friday, November 10th. They set an “outperform” rating and a $98.00 target price for the company. Six equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. Amphenol has an average rating of “Buy” and a consensus price target of $92.00.
Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.05. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.80 billion. Amphenol had a net margin of 9.28% and a return on equity of 26.09%. The company’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.75 earnings per share. analysts forecast that Amphenol Co. will post 3.45 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Monday, March 19th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Friday, March 16th. Amphenol’s dividend payout ratio is currently 37.07%.
In other Amphenol news, VP Lance E. D’amico sold 10,000 shares of the stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $92.07, for a total value of $920,700.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director John R. Lord sold 2,000 shares of the stock in a transaction on Sunday, September 2nd. The shares were sold at an average price of $62.47, for a total transaction of $124,940.00. Following the completion of the sale, the director now owns 38,677 shares of the company’s stock, valued at approximately $2,416,152.19. The disclosure for this sale can be found here. Company insiders own 2.51% of the company’s stock.
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Amphenol 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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