Arjuna Capital Grows Holdings in Amphenol Co. (NYSE:APH)

Arjuna Capital increased its holdings in Amphenol Co. (NYSE:APHFree Report) by 2.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,798 shares of the electronics maker’s stock after acquiring an additional 333 shares during the quarter. Arjuna Capital’s holdings in Amphenol were worth $1,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Moneta Group Investment Advisors LLC boosted its holdings in shares of Amphenol by 95,441.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,868,807 shares of the electronics maker’s stock valued at $1,055,971,000 after acquiring an additional 13,854,291 shares during the last quarter. Norges Bank purchased a new stake in shares of Amphenol during the 4th quarter valued at about $653,884,000. Morgan Stanley boosted its holdings in shares of Amphenol by 44.1% during the 4th quarter. Morgan Stanley now owns 10,811,475 shares of the electronics maker’s stock valued at $823,186,000 after acquiring an additional 3,310,939 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Amphenol by 6.1% during the 2nd quarter. BlackRock Inc. now owns 48,104,261 shares of the electronics maker’s stock valued at $4,086,457,000 after acquiring an additional 2,752,517 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Amphenol by 361.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,643,956 shares of the electronics maker’s stock worth $224,600,000 after purchasing an additional 2,071,029 shares during the period. 93.46% of the stock is currently owned by institutional investors.

Amphenol Price Performance

Shares of Amphenol stock traded down $0.28 on Monday, hitting $105.01. 194,845 shares of the company traded hands, compared to its average volume of 2,549,637. The stock has a market capitalization of $62.99 billion, a P/E ratio of 33.86, a price-to-earnings-growth ratio of 3.07 and a beta of 1.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.48 and a current ratio of 2.17. Amphenol Co. has a 52 week low of $72.00 and a 52 week high of $105.50. The business has a 50-day simple moving average of $98.15 and a 200 day simple moving average of $90.11.

Amphenol (NYSE:APHGet Free Report) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.05. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.78 earnings per share. Research analysts expect that Amphenol Co. will post 3.26 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th will be issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Monday, March 18th. Amphenol’s dividend payout ratio (DPR) is presently 28.30%.

Analyst Ratings Changes

APH has been the topic of several recent research reports. Truist Financial increased their price objective on shares of Amphenol from $97.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, December 15th. The Goldman Sachs Group increased 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. Robert W. Baird increased their price objective on shares of Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. Stifel Nicolaus raised their target price 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, Citigroup began coverage on shares of Amphenol in a research note on Friday, January 5th. They set a “buy” rating and a $117.00 target price on the stock. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.11.

View Our Latest Report on APH

Insider Activity at Amphenol

In related news, VP Lance E. D’amico sold 15,000 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $104.75, for a total value of $1,571,250.00. Following the completion of the transaction, the vice president now directly owns 25,700 shares of the company’s stock, valued at $2,692,075. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, VP Lance E. D’amico sold 15,000 shares of the firm’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $104.75, for a total value of $1,571,250.00. Following the completion of the transaction, the vice president now directly owns 25,700 shares of the company’s stock, valued at $2,692,075. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider William J. Doherty sold 170,000 shares of the firm’s 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 360,000 shares of company stock valued at $36,346,500. 2.22% of the stock is owned by corporate insiders.

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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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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