Fidelis Capital Partners LLC Acquires New Shares in Amphenol Co. (NYSE:APH)

Fidelis Capital Partners LLC bought a new stake in Amphenol Co. (NYSE:APH) in the 4th quarter, Holdings Channel reports. The institutional investor bought 3,618 shares of the electronics maker’s stock, valued at approximately $359,000.

Several other large investors have also recently bought and sold shares of APH. Moneta Group Investment Advisors LLC raised its position in Amphenol by 95,441.5% in 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 purchasing an additional 13,854,291 shares during the last quarter. Norges Bank bought a new position in Amphenol in the fourth quarter valued at about $653,884,000. Morgan Stanley raised its position in shares of Amphenol by 44.1% during the fourth quarter. Morgan Stanley now owns 10,811,475 shares of the electronics maker’s stock worth $823,186,000 after acquiring an additional 3,310,939 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Amphenol by 55.2% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,376,669 shares of the electronics maker’s stock worth $199,616,000 after acquiring an additional 845,637 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of Amphenol by 21.7% during the third quarter. Invesco Ltd. now owns 4,090,708 shares of the electronics maker’s stock worth $343,579,000 after acquiring an additional 729,849 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Citigroup raised their price objective on Amphenol from $117.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. JPMorgan Chase & Co. raised their price objective on Amphenol from $118.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. UBS Group raised their price objective on Amphenol from $118.00 to $135.00 and gave the stock a “buy” rating in a research report on Tuesday. Stifel Nicolaus lifted their target price on Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a report on Thursday, January 25th. Finally, Jefferies Financial Group initiated coverage on Amphenol in a report on Tuesday, April 9th. They issued a “hold” rating and a $125.00 target price for the company. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $113.75.

Amphenol Trading Down 0.6 %

Shares of Amphenol stock opened at $110.21 on Friday. The stock has a market capitalization of $66.30 billion, a PE ratio of 35.44, a price-to-earnings-growth ratio of 3.16 and a beta of 1.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.48 and a current ratio of 2.17. Amphenol Co. has a 52 week low of $72.00 and a 52 week high of $119.59. The stock has a 50 day moving average price of $110.87 and a two-hundred day moving average price of $98.54.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.05. The company had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. Amphenol’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.78 earnings per share. As a group, equities analysts anticipate that Amphenol Co. will post 3.28 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th were given a dividend of $0.22 per share. The ex-dividend date was Monday, March 18th. This represents a $0.88 annualized dividend and a dividend yield of 0.80%. Amphenol’s payout ratio is 28.30%.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total transaction of $17,595,000.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CFO Craig A. Lampo sold 100,000 shares of Amphenol stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $104.67, for a total transaction of $10,467,000.00. Following the sale, the chief financial officer now directly owns 147,045 shares in the company, valued at $15,391,200.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total value of $17,595,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 305,000 shares of company stock valued at $31,846,050 over the last 90 days. Insiders own 2.22% of the company’s stock.

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.