Amphenol Co. (NYSE:APH) Shares Acquired by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lifted its position in shares of Amphenol Co. (NYSE:APH) by 7.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 67,626 shares of the electronics maker’s stock after buying an additional 4,553 shares during the period. Daiwa Securities Group Inc.’s holdings in Amphenol were worth $6,704,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Louisiana State Employees Retirement System acquired a new stake in shares of Amphenol during the 4th quarter worth approximately $3,589,000. West Coast Financial LLC increased its holdings in shares of Amphenol by 65.0% during the 4th quarter. West Coast Financial LLC now owns 128,911 shares of the electronics maker’s stock worth $12,779,000 after buying an additional 50,778 shares during the last quarter. Compagnie Lombard Odier SCmA acquired a new stake in shares of Amphenol during the 4th quarter worth approximately $2,875,000. Fortune Financial Advisors LLC acquired a new stake in Amphenol in the 4th quarter valued at approximately $1,071,000. Finally, Community Trust & Investment Co. increased its holdings in Amphenol by 30.6% in the 4th quarter. Community Trust & Investment Co. now owns 178,306 shares of the electronics maker’s stock valued at $17,675,000 after purchasing an additional 41,754 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Bank of America lifted their target price on shares of Amphenol from $117.00 to $121.00 and gave the company a “buy” rating in a report on Thursday. Stifel Nicolaus lifted their target price on shares of Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a report on Thursday, January 25th. The Goldman Sachs Group lifted their target price on shares of Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Evercore ISI lifted their target price on shares of Amphenol from $110.00 to $125.00 and gave the company an “outperform” rating in a report on Monday, March 25th. Finally, JPMorgan Chase & Co. raised their price target on shares of Amphenol from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus target price of $113.75.

Insider Transactions at Amphenol

In other news, insider William J. Doherty sold 170,000 shares of the business’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $103.50, for a total transaction of $17,595,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider William J. Doherty sold 170,000 shares of the business’s stock in a transaction dated 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 filing with the SEC, which is accessible through this link. Also, insider Peter Straub sold 20,000 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total transaction of $2,212,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 305,000 shares of company stock worth $31,846,050 over the last ninety days. 2.22% of the stock is currently owned by company insiders.

Amphenol Price Performance

Amphenol stock opened at $110.88 on Friday. The stock has a market cap of $66.70 billion, a P/E ratio of 35.65, a price-to-earnings-growth ratio of 3.21 and a beta of 1.30. The company has a fifty day simple moving average of $110.77 and a 200-day simple moving average of $98.35. Amphenol Co. has a 12-month low of $72.00 and a 12-month high of $119.59. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.47.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, beating 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 firm had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.16 billion. During the same period in the previous year, the company earned $0.78 earnings per share. Amphenol’s quarterly revenue was up 2.7% compared to the same quarter last year. Equities analysts expect that Amphenol Co. will post 3.28 EPS for the current fiscal year.

Amphenol Announces Dividend

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

Amphenol 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.