WINTON GROUP Ltd Reduces Position in Amphenol Corporation (APH)

WINTON GROUP Ltd decreased its holdings in Amphenol Corporation (NYSE:APH) by 40.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,188 shares of the electronics maker’s stock after selling 4,215 shares during the quarter. WINTON GROUP Ltd’s holdings in Amphenol were worth $524,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of APH. Janus Henderson Group PLC boosted its holdings in shares of Amphenol by 1,662.5% in the second quarter. Janus Henderson Group PLC now owns 10,597,526 shares of the electronics maker’s stock worth $782,311,000 after buying an additional 9,996,239 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in Amphenol by 53.5% during the second quarter. UBS Asset Management Americas Inc. now owns 2,663,455 shares of the electronics maker’s stock valued at $196,616,000 after purchasing an additional 928,733 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in Amphenol by 345.8% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,041,687 shares of the electronics maker’s stock valued at $88,168,000 after purchasing an additional 808,015 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Amphenol by 2.6% during the second quarter. Vanguard Group Inc. now owns 30,560,224 shares of the electronics maker’s stock valued at $2,255,957,000 after purchasing an additional 765,862 shares in the last quarter. Finally, Capital Research Global Investors lifted its holdings in Amphenol by 31.7% during the second quarter. Capital Research Global Investors now owns 3,170,204 shares of the electronics maker’s stock valued at $234,024,000 after purchasing an additional 762,494 shares in the last quarter. 96.52% of the stock is currently owned by institutional investors.

In other news, Director Diana G. Reardon sold 503,000 shares of the business’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $90.73, for a total value of $45,637,190.00. Following the transaction, the director now owns 260,000 shares of the company’s stock, valued at $23,589,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Jean-Luc Gavelle sold 88,000 shares of the business’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $86.37, for a total transaction of $7,600,560.00. Following the completion of the transaction, the vice president now directly owns 48,000 shares in the company, valued at approximately $4,145,760. The disclosure for this sale can be found here. Insiders sold 849,000 shares of company stock worth $75,518,690 in the last three months. Insiders own 2.51% of the company’s stock.

APH has been the topic of several analyst reports. Cowen reaffirmed an “outperform” rating and set a $95.00 price target (up previously from $85.00) on shares of Amphenol in a report on Tuesday, October 10th. Zacks Investment Research downgraded shares of Amphenol from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Royal Bank Of Canada reaffirmed a “top pick” rating and set a $85.00 price target (up previously from $81.00) on shares of Amphenol in a report on Tuesday, August 29th. SunTrust Banks lifted their price target on shares of Amphenol from $77.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, October 26th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a $95.00 price target (up previously from $80.00) on shares of Amphenol in a report on Thursday, October 5th. Five investment analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $87.90.

Amphenol Corporation (NYSE APH) opened at $88.14 on Friday. Amphenol Corporation has a 1-year low of $66.00 and a 1-year high of $91.26. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.04 and a quick ratio of 2.27. The company has a market cap of $26,802.67, a price-to-earnings ratio of 27.87, a PEG ratio of 2.47 and a beta of 0.81.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 25th. The electronics maker reported $0.88 EPS for the quarter, topping the consensus estimate of $0.79 by $0.09. Amphenol had a net margin of 14.73% and a return on equity of 25.63%. The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the previous year, the firm earned $0.73 earnings per share. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. research analysts expect that Amphenol Corporation will post 3.21 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Monday, December 18th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.86%. The ex-dividend date is Friday, December 15th. Amphenol’s dividend payout ratio (DPR) is presently 24.20%.

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Amphenol 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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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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