Amphenol Co. (NYSE:APH) is Tandem Investment Advisors Inc.’s 9th Largest Position

Tandem Investment Advisors Inc. decreased its holdings in shares of Amphenol Co. (NYSE:APH) by 1.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 776,972 shares of the electronics maker’s stock after selling 14,484 shares during the quarter. Amphenol comprises about 3.1% of Tandem Investment Advisors Inc.’s portfolio, making the stock its 9th biggest holding. Tandem Investment Advisors Inc.’s holdings in Amphenol were worth $77,021,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of APH. FMR LLC grew its holdings in shares of Amphenol by 1.3% in the third quarter. FMR LLC now owns 55,500,422 shares of the electronics maker’s stock valued at $4,661,480,000 after purchasing an additional 691,964 shares during the period. State Street Corp increased its position in shares of Amphenol by 2.4% during the first quarter. State Street Corp now owns 24,794,281 shares of the electronics maker’s stock valued at $2,031,342,000 after acquiring an additional 582,081 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Amphenol by 4.5% during the third quarter. JPMorgan Chase & Co. now owns 15,279,911 shares of the electronics maker’s stock valued at $1,283,360,000 after acquiring an additional 653,354 shares during the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Amphenol by 95,441.5% during the fourth 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. Finally, Massachusetts Financial Services Co. MA increased its position in shares of Amphenol by 4.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 13,145,093 shares of the electronics maker’s stock valued at $1,104,056,000 after acquiring an additional 564,110 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on APH shares. The Goldman Sachs Group lifted their price target on shares of Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. UBS Group lifted their price target on shares of Amphenol from $118.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Stifel Nicolaus raised their price objective on shares of Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a research note on Thursday, January 25th. Finally, Citigroup raised their price objective on shares of Amphenol from $117.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 170,000 shares of the firm’s stock in a transaction that occurred 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Amphenol news, VP Lance E. D’amico sold 15,000 shares of the business’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 transaction, the vice president now directly owns 25,700 shares of the company’s stock, valued at approximately $2,692,075. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Doherty sold 170,000 shares of the business’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 quarter, insiders have sold 305,000 shares of company stock valued at $31,846,050. 2.22% of the stock is owned by corporate insiders.

Amphenol Stock Down 1.0 %

Amphenol stock traded down $1.08 during trading on Wednesday, reaching $111.49. The stock had a trading volume of 2,641,683 shares, compared to its average volume of 2,740,429. Amphenol Co. has a 52-week low of $72.00 and a 52-week high of $119.59. The business has a 50 day moving average price of $110.51 and a 200 day moving average price of $98.17. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.47. The stock has a market cap of $67.07 billion, a PE ratio of 35.85, a P/E/G ratio of 3.21 and a beta of 1.30.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter in the previous year, the firm earned $0.78 earnings per share. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. On average, analysts predict that Amphenol Co. will post 3.28 EPS for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.22 per share. The ex-dividend date was Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a yield of 0.79%. Amphenol’s payout ratio is currently 28.30%.

Amphenol Company Profile

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.