WINTON GROUP Ltd raised its stake in Amphenol Corporation (NYSE:APH – Free Report) by 1,976.8% in the 4th quarter, HoldingsChannel reports. The fund owned 111,423 shares of the electronics maker’s stock after buying an additional 106,058 shares during the quarter. Amphenol accounts for about 0.5% of WINTON GROUP Ltd’s holdings, making the stock its 27th biggest holding. WINTON GROUP Ltd’s holdings in Amphenol were worth $15,058,000 at the end of the most recent reporting period.
Other institutional investors also recently modified their holdings of the company. Capital Advisors Inc. OK boosted its stake in Amphenol by 3.4% during the 4th quarter. Capital Advisors Inc. OK now owns 2,067 shares of the electronics maker’s stock worth $279,000 after acquiring an additional 68 shares during the last quarter. Canvas Wealth Advisors LLC boosted its stake in Amphenol by 3.5% during the 4th quarter. Canvas Wealth Advisors LLC now owns 2,060 shares of the electronics maker’s stock worth $279,000 after acquiring an additional 70 shares during the last quarter. LOM Asset Management Ltd boosted its stake in Amphenol by 16.3% during the 4th quarter. LOM Asset Management Ltd now owns 500 shares of the electronics maker’s stock worth $68,000 after acquiring an additional 70 shares during the last quarter. Seeds Investor LLC boosted its stake in Amphenol by 4.0% during the 4th quarter. Seeds Investor LLC now owns 1,889 shares of the electronics maker’s stock worth $255,000 after acquiring an additional 72 shares during the last quarter. Finally, Procyon Advisors LLC boosted its stake in Amphenol by 2.6% during the 4th quarter. Procyon Advisors LLC now owns 2,871 shares of the electronics maker’s stock worth $388,000 after acquiring an additional 74 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.
Amphenol Stock Performance
Shares of APH opened at $138.84 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.26 and a current ratio of 1.71. Amphenol Corporation has a twelve month low of $91.06 and a twelve month high of $167.04. The firm’s 50 day moving average price is $137.03 and its two-hundred day moving average price is $138.94. The firm has a market cap of $170.80 billion, a P/E ratio of 39.90, a PEG ratio of 1.28 and a beta of 1.27.
Amphenol Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s payout ratio is presently 28.74%.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Piper Sandler set a $165.00 price objective on shares of Amphenol in a research note on Tuesday, March 17th. Evercore reissued an “outperform” rating on shares of Amphenol in a research note on Wednesday, May 27th. JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Barclays reissued an “overweight” rating and set a $180.00 price objective (up from $175.00) on shares of Amphenol in a research note on Monday, May 4th. Finally, UBS Group reissued a “buy” rating and set a $178.00 price objective (up from $170.00) on shares of Amphenol in a research note on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $176.87.
Get Our Latest Stock Report on Amphenol
Insiders Place Their Bets
In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of Amphenol stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the transaction, the chief executive officer owned 1,927,507 shares of the company’s stock, valued at approximately $277,368,257.30. The trade was a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 130,775 shares of company stock valued at $18,709,350 over the last 90 days. Insiders own 1.42% of the company’s stock.
Amphenol Profile
Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.
Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.
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