Amphenol Co. (NYSE:APH) Position Lowered by Dupont Capital Management Corp

Dupont Capital Management Corp reduced its position in Amphenol Co. (NYSE:APHFree Report) by 6.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,111 shares of the electronics maker’s stock after selling 7,039 shares during the quarter. Dupont Capital Management Corp’s holdings in Amphenol were worth $10,023,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Peoples Bank KS bought a new stake in shares of Amphenol during the 3rd quarter valued at about $27,000. Mendota Financial Group LLC bought a new position in Amphenol during the 4th quarter worth $33,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Amphenol in the third quarter worth $34,000. Sunbelt Securities Inc. bought a new stake in Amphenol in the first quarter valued at $33,000. Finally, Altshuler Shaham Ltd bought a new stake in Amphenol in the fourth quarter valued at $33,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

NYSE APH opened at $113.06 on Wednesday. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.47. Amphenol Co. has a 1 year low of $72.00 and a 1 year high of $119.59. The company has a fifty day simple moving average of $107.62 and a 200 day simple moving average of $95.80. The company has a market cap of $67.82 billion, a P/E ratio of 36.35, a P/E/G ratio of 3.29 and a beta of 1.30.

Amphenol (NYSE:APHGet Free Report) last posted its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.05. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The company had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter in the previous year, the firm posted $0.78 EPS. The business’s revenue was up 2.7% compared to the same quarter last year. On average, sell-side analysts predict that Amphenol Co. will post 3.28 EPS for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Monday, March 18th. Amphenol’s dividend payout ratio is currently 28.30%.

Insider Transactions at Amphenol

In other news, insider William J. Doherty sold 170,000 shares of the stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total value of $17,595,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Amphenol news, insider William J. Doherty sold 170,000 shares of the business’s stock in a transaction dated 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 legal filing with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 100,000 shares of Amphenol stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $104.67, for a total value of $10,467,000.00. Following the completion of the sale, the chief financial officer now directly owns 147,045 shares in the company, valued at approximately $15,391,200.15. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 305,000 shares of company stock worth $31,846,050. Insiders own 2.22% of the company’s stock.

Analysts Set New Price Targets

APH has been the topic of a number of recent analyst reports. The Goldman Sachs Group boosted their price target on shares of Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Robert W. Baird lifted their target price on Amphenol from $100.00 to $106.00 and gave the company an “outperform” rating in a research note on Thursday, January 25th. Evercore ISI raised their price target on shares of Amphenol from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Monday, March 25th. Stifel Nicolaus increased their target price on shares of Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a research report on Thursday, January 25th. Finally, Truist Financial boosted their price target on shares of Amphenol from $97.00 to $109.00 and gave the company a “buy” rating in a report on Friday, December 15th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $104.40.

Read Our Latest Analysis on APH

Amphenol 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.

See Also

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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