Amphenol Co. (APH) Holdings Cut by Norinchukin Bank The

Norinchukin Bank The lessened its holdings in Amphenol Co. (NYSE:APH) by 2.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,465 shares of the electronics maker’s stock after selling 4,821 shares during the quarter. Norinchukin Bank The’s holdings in Amphenol were worth $15,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in APH. Dupont Capital Management Corp bought a new position in Amphenol in the 4th quarter valued at $115,000. Tower Research Capital LLC TRC grew its stake in Amphenol by 87.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,369 shares of the electronics maker’s stock valued at $120,000 after purchasing an additional 640 shares during the period. Fusion Family Wealth LLC bought a new position in Amphenol in the 4th quarter valued at $121,000. Cribstone Capital Management LLC grew its stake in Amphenol by 123.5% in the 3rd quarter. Cribstone Capital Management LLC now owns 1,900 shares of the electronics maker’s stock valued at $161,000 after purchasing an additional 1,050 shares during the period. Finally, CENTRAL TRUST Co grew its stake in shares of Amphenol by 52.6% during the 4th quarter. CENTRAL TRUST Co now owns 1,915 shares of the electronics maker’s stock worth $168,000 after acquiring an additional 660 shares during the period. Hedge funds and other institutional investors own 95.51% of the company’s stock.

In other Amphenol news, Director Diana G. Reardon sold 503,000 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of $90.73, for a total value of $45,637,190.00. Following the completion of the transaction, the director now owns 260,000 shares in the company, valued at approximately $23,589,800. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Lance E. D’amico sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $92.07, for a total value of $920,700.00. The disclosure for this sale can be found here. 2.51% of the stock is owned by company insiders.

Amphenol Co. (NYSE:APH) opened at $89.99 on Monday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.25 and a current ratio of 2.95. The firm has a market capitalization of $27,477.47, a price-to-earnings ratio of 43.90, a PEG ratio of 2.64 and a beta of 0.82. Amphenol Co. has a 12 month low of $68.57 and a 12 month high of $93.62.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, January 24th. The electronics maker reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. Amphenol had a return on equity of 26.09% and a net margin of 9.28%. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the company earned $0.75 EPS. The firm’s revenue was up 17.7% compared to the same quarter last year. research analysts forecast that Amphenol Co. will post 3.45 earnings per share for the current fiscal year.

The business also recently announced 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. The ex-dividend date is Friday, March 16th. This represents a $0.76 annualized dividend and a yield of 0.84%. Amphenol’s dividend payout ratio is currently 37.07%.

Several research firms have recently weighed in on APH. Morgan Stanley increased their price target on Amphenol from $74.00 to $85.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 26th. Wells Fargo & Co began coverage on Amphenol in a research note on Friday, November 10th. They set an “outperform” rating and a $98.00 price target for the company. SunTrust Banks increased their price target on Amphenol from $77.00 to $82.00 and gave the stock a “neutral” rating in a research note on Thursday, October 26th. Stifel Nicolaus increased their price target on Amphenol from $78.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, October 26th. Finally, Zacks Investment Research downgraded Amphenol from a “buy” rating to a “hold” rating in a research note on Monday, January 22nd. Six investment 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 stock. The stock currently has an average rating of “Buy” and a consensus price target of $92.00.

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About Amphenol

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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