Linden Thomas Advisory Services LLC Grows Stock Holdings in Amphenol Co. (NYSE:APH)

Linden Thomas Advisory Services LLC boosted its position in shares of Amphenol Co. (NYSE:APH) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,860 shares of the electronics maker’s stock after purchasing an additional 1,289 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Amphenol were worth $1,870,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. FMR LLC grew its holdings in Amphenol by 1.3% during the 3rd quarter. FMR LLC now owns 55,500,422 shares of the electronics maker’s stock worth $4,661,480,000 after acquiring an additional 691,964 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Amphenol by 4.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,279,911 shares of the electronics maker’s stock valued at $1,283,360,000 after buying an additional 653,354 shares during the period. Massachusetts Financial Services Co. MA increased its stake in Amphenol by 4.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 13,145,093 shares of the electronics maker’s stock valued at $1,104,056,000 after buying an additional 564,110 shares during the period. Flossbach Von Storch AG increased its stake in Amphenol by 1.9% during the 3rd quarter. Flossbach Von Storch AG now owns 7,908,317 shares of the electronics maker’s stock valued at $664,220,000 after buying an additional 151,058 shares during the period. Finally, Northern Trust Corp grew its stake in shares of Amphenol by 6.0% in the 3rd quarter. Northern Trust Corp now owns 6,195,739 shares of the electronics maker’s stock worth $520,380,000 after purchasing an additional 351,353 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

APH has been the topic of several analyst reports. Robert W. Baird lifted their target price on shares of Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a research report on Thursday, January 25th. Stifel Nicolaus lifted their target price on shares of Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a research report on Thursday, January 25th. Citigroup raised their price target on shares of Amphenol from $117.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. Jefferies Financial Group began coverage on shares of Amphenol in a report on Tuesday, April 9th. They set a “hold” rating and a $125.00 price target for the company. Finally, Evercore ISI raised their price target on shares of Amphenol from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Monday, March 25th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $113.75.

Amphenol Stock Performance

Shares of Amphenol stock traded up $2.37 on Tuesday, reaching $114.23. The stock had a trading volume of 3,492,594 shares, compared to its average volume of 2,768,038. The business’s 50-day moving average price is $111.01 and its two-hundred day moving average price is $98.97. 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 fifty-two week low of $72.00 and a fifty-two week high of $119.59. The stock has a market cap of $68.72 billion, a P/E ratio of 36.60, a price-to-earnings-growth ratio of 2.95 and a beta of 1.30.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, topping 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 business 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 revenue for the quarter was up 2.7% on a year-over-year basis. On average, sell-side analysts forecast that Amphenol Co. will post 3.28 EPS for the current 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. This represents a $0.88 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Monday, March 18th. Amphenol’s dividend payout ratio (DPR) is currently 28.30%.

Insider Buying and Selling

In related news, insider William J. Doherty sold 170,000 shares of the business’s stock in a transaction on 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 is available at the SEC website. In related news, insider William J. Doherty sold 170,000 shares of the business’s stock in a transaction on 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 is available at the SEC website. Also, insider Peter Straub sold 20,000 shares of the business’s stock in a transaction on 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. Over the last quarter, insiders have sold 305,000 shares of company stock valued at $31,846,050. 1.80% of the stock is owned by company insiders.

Amphenol Company 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.