361 Capital LLC bought a new stake in shares of Amphenol Corporation (NYSE:APH) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 28,457 shares of the electronics maker’s stock, valued at approximately $2,409,000.

Other institutional investors also recently made changes to their positions in the company. Crossmark Global Holdings Inc. bought a new stake in Amphenol Corporation during the third quarter valued at approximately $3,008,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Amphenol Corporation during the second quarter worth approximately $392,000. Whittier Trust Co. raised its stake in shares of Amphenol Corporation by 3,390.3% during the third quarter. Whittier Trust Co. now owns 89,352 shares of the electronics maker’s stock worth $7,563,000 after acquiring an additional 86,792 shares in the last quarter. Marvin & Palmer Associates Inc. raised its stake in shares of Amphenol Corporation by 27.0% during the second quarter. Marvin & Palmer Associates Inc. now owns 60,505 shares of the electronics maker’s stock worth $4,466,000 after acquiring an additional 12,855 shares in the last quarter. Finally, Eagle Asset Management Inc. raised its stake in shares of Amphenol Corporation by 14.0% during the second quarter. Eagle Asset Management Inc. now owns 431,534 shares of the electronics maker’s stock worth $31,855,000 after acquiring an additional 52,976 shares in the last quarter. Institutional investors and hedge funds own 96.74% of the company’s stock.

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Shares of Amphenol Corporation (NYSE:APH) traded up $0.90 during trading on Friday, reaching $89.31. 1,015,800 shares of the company’s stock were exchanged, compared to its average volume of 1,127,243. The company has a current ratio of 3.04, a quick ratio of 2.27 and a debt-to-equity ratio of 0.87. The stock has a market cap of $27,290.00, a P/E ratio of 28.07, a P/E/G ratio of 2.71 and a beta of 0.80. Amphenol Corporation has a fifty-two week low of $66.00 and a fifty-two week high of $89.69.

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

The firm 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 dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Friday, December 15th. Amphenol Corporation’s dividend payout ratio (DPR) is presently 24.28%.

Several research firms have commented on APH. Royal Bank Of Canada reissued a “top pick” rating and set a $85.00 price target (up from $81.00) on shares of Amphenol Corporation in a research note on Tuesday, August 29th. Cowen and Company reaffirmed an “outperform” rating and issued a $95.00 target price (up from $85.00) on shares of Amphenol Corporation in a research note on Tuesday, October 10th. Bank of America Corporation raised shares of Amphenol Corporation from a “neutral” rating to a “buy” rating in a research note on Friday, September 29th. Zacks Investment Research raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $89.00 target price on the stock in a research note on Thursday, August 24th. Finally, Deutsche Bank AG lifted their target price on shares of Amphenol Corporation from $95.00 to $96.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. Five research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $87.90.

In other news, CFO Craig A. Lampo sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $79.70, for a total transaction of $1,195,500.00. Following the sale, the chief financial officer now owns 40,000 shares in the company, valued at approximately $3,188,000. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Diana G. Reardon sold 28,000 shares of the business’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $87.28, for a total transaction of $2,443,840.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 397,000 shares of company stock worth $33,877,390. Company insiders own 2.51% of the company’s stock.

Amphenol Corporation 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.

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

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