Amphenol Co. (APH) Shares Bought by YHB Investment Advisors Inc.
YHB Investment Advisors Inc. boosted its holdings in Amphenol Co. (NYSE:APH) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,128 shares of the electronics maker’s stock after purchasing an additional 660 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Amphenol were worth $3,611,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in Amphenol by 2.6% in the second quarter. Vanguard Group Inc. now owns 30,560,224 shares of the electronics maker’s stock worth $2,255,957,000 after purchasing an additional 765,862 shares in the last quarter. Capital World Investors increased its holdings in shares of Amphenol by 0.9% during the second quarter. Capital World Investors now owns 26,040,751 shares of the electronics maker’s stock valued at $1,922,328,000 after acquiring an additional 236,214 shares in the last quarter. Janus Henderson Group PLC increased its holdings in shares of Amphenol by 1,662.5% during the second quarter. Janus Henderson Group PLC now owns 10,597,526 shares of the electronics maker’s stock valued at $782,311,000 after acquiring an additional 9,996,239 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Amphenol by 2.1% during the third quarter. JPMorgan Chase & Co. now owns 8,634,492 shares of the electronics maker’s stock valued at $710,446,000 after acquiring an additional 173,637 shares in the last quarter. Finally, Capital Research Global Investors increased its holdings in shares of 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 acquiring an additional 762,494 shares in the last quarter. Institutional investors and hedge funds own 96.63% of the company’s stock.
Shares of Amphenol Co. (NYSE:APH) traded up $1.04 during trading hours on Tuesday, hitting $91.83. The company had a trading volume of 845,900 shares, compared to its average volume of 1,136,989. The stock has a market capitalization of $28,060.00, a PE ratio of 29.34, a price-to-earnings-growth ratio of 2.41 and a beta of 0.81. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.27 and a current ratio of 3.04. Amphenol Co. has a one year low of $66.00 and a one year high of $91.94.
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 10th. Investors of record on Monday, December 18th were given a dividend of $0.19 per share. The ex-dividend date was Friday, December 15th. This represents a $0.76 annualized dividend and a dividend yield of 0.83%. Amphenol’s payout ratio is 24.28%.
In related news, CEO Richard Adam Norwitt sold 220,000 shares of Amphenol stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $86.10, for a total transaction of $18,942,000.00. Following the transaction, the chief executive officer now owns 216,492 shares of the company’s stock, valued at $18,639,961.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Craig A. Lampo sold 10,000 shares of Amphenol stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $89.51, for a total value of $895,100.00. Following the transaction, the chief financial officer now directly owns 35,000 shares in the company, valued at approximately $3,132,850. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 849,000 shares of company stock worth $75,518,690. 2.51% of the stock is owned by insiders.
APH has been the subject of several recent research reports. Deutsche Bank restated a “buy” rating and set a $95.00 price objective (up previously from $80.00) on shares of Amphenol in a report on Thursday, October 5th. Zacks Investment Research upgraded Amphenol from a “hold” rating to a “buy” rating and set a $95.00 price objective for the company in a report on Monday, October 2nd. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating in a report on Friday, September 29th. Cowen restated a “buy” rating and set a $105.00 price objective on shares of Amphenol in a report on Wednesday, January 10th. Finally, Morgan Stanley restated an “equal weight” rating and set a $85.00 price objective on shares of Amphenol in a report on Wednesday, December 13th. Five equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. Amphenol presently has an average rating of “Buy” and a consensus price target of $89.60.
Amphenol Company 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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