Amphenol Corp. (NYSE:APH) announced a quarterly dividend on Wednesday, October 19th. Shareholders of record on Tuesday, December 13th will be paid a dividend of 0.16 per share on Thursday, January 5th. This represents a $0.64 annualized dividend and a yield of 1.01%. This is a boost from Amphenol Corp.’s previous quarterly dividend of $0.14.

Shares of Amphenol Corp. (NYSE:APH) opened at 63.21 on Wednesday. The firm has a 50-day moving average of $63.63 and a 200 day moving average of $59.59. Amphenol Corp. has a 52 week low of $44.50 and a 52 week high of $65.79. The firm has a market capitalization of $19.51 billion, a price-to-earnings ratio of 26.00 and a beta of 1.07.

Amphenol Corp. (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 19th. The company reported $0.73 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.05. Amphenol Corp. had a net margin of 13.03% and a return on equity of 23.72%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the firm posted $0.65 EPS. The company’s quarterly revenue was up 12.1% on a year-over-year basis. On average, equities analysts predict that Amphenol Corp. will post $2.63 earnings per share for the current fiscal year.

Dividend History for Amphenol Corp. (NYSE:APH)

APH has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Amphenol Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, June 21st. Royal Bank Of Canada increased their target price on shares of Amphenol Corp. from $61.00 to $63.00 and gave the stock a “top pick” rating in a research note on Thursday, July 21st. RBC Capital Markets reissued a “top pick” rating and set a $63.00 target price (up from $61.00) on shares of Amphenol Corp. in a research note on Friday, July 22nd. Finally, Goldman Sachs Group Inc. raised shares of Amphenol Corp. from a “neutral” rating to a “buy” rating and increased their target price for the stock from $60.00 to $70.00 in a research note on Tuesday, September 20th. Five analysts have rated the stock with a hold rating, two 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 $68.11.

In other news, VP Patrick Gillard sold 30,000 shares of the stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $59.06, for a total value of $1,771,800.00. Following the completion of the sale, the vice president now owns 6,400 shares in the company, valued at $377,984. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Richard Adam Norwitt sold 262,000 shares of the stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of $59.01, for a total transaction of $15,460,620.00. Following the completion of the sale, the insider now owns 137,992 shares of the company’s stock, valued at approximately $8,142,907.92. The disclosure for this sale can be found here. 2.92% of the stock is currently owned by insiders.

Several hedge funds have recently made changes to their positions in the stock. Massachusetts Financial Services Co. MA increased its stake in shares of Amphenol Corp. by 2.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,411,195 shares of the company’s stock valued at $539,544,000 after buying an additional 235,138 shares in the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in shares of Amphenol Corp. by 0.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 7,939,906 shares of the company’s stock valued at $455,195,000 after buying an additional 22,689 shares in the last quarter. BlackRock Fund Advisors increased its stake in shares of Amphenol Corp. by 8.4% in the second quarter. BlackRock Fund Advisors now owns 5,181,488 shares of the company’s stock valued at $297,055,000 after buying an additional 403,620 shares in the last quarter. Mackenzie Financial Corp increased its stake in shares of Amphenol Corp. by 9.9% in the second quarter. Mackenzie Financial Corp now owns 1,761,847 shares of the company’s stock valued at $101,007,000 after buying an additional 158,500 shares in the last quarter. Finally, Atlanta Capital Management Co. L L C increased its stake in shares of Amphenol Corp. by 9.5% in the second quarter. Atlanta Capital Management Co. L L C now owns 1,667,904 shares of the company’s stock valued at $95,621,000 after buying an additional 144,887 shares in the last quarter. Institutional investors own 96.78% of the company’s stock.

About Amphenol Corp.

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: Interconnect Products and Assemblies, and Cable Products and Solutions.

5 Day Chart for NYSE:APH

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