Mawer Funding Administration Ltd. boosted its stake in shares of Amphenol Co. (NYSE:APH – Free Report) by 88.9% within the second quarter, in line with the corporate in its most up-to-date Type 13F submitting with the Securities and Change Fee (SEC). The agency owned 15,455,006 shares of the electronics maker’s inventory after buying an extra 7,275,279 shares in the course of the quarter. Amphenol contains roughly 4.9% of Mawer Funding Administration Ltd.’s funding portfolio, making the inventory its sixth largest place. Mawer Funding Administration Ltd. owned about 1.28% of Amphenol price $1,041,204,000 as of its most up-to-date SEC submitting.
A number of different institutional traders and hedge funds have additionally lately modified their holdings of the inventory. Beacon Capital Administration LLC raised its holdings in Amphenol by 121.2% within the 2nd quarter. Beacon Capital Administration LLC now owns 376 shares of the electronics maker’s inventory valued at $25,000 after buying an extra 206 shares in the course of the interval. New England Capital Monetary Advisors LLC grew its holdings in Amphenol by 100.0% within the 2nd quarter. New England Capital Monetary Advisors LLC now owns 376 shares of the electronics maker’s inventory valued at $25,000 after shopping for an extra 188 shares within the final quarter. Sachetta LLC elevated its place in Amphenol by 131.1% in the course of the 2nd quarter. Sachetta LLC now owns 439 shares of the electronics maker’s inventory price $27,000 after shopping for an extra 249 shares in the course of the interval. Frazier Monetary Advisors LLC acquired a brand new stake in shares of Amphenol in the course of the fourth quarter price $29,000. Lastly, Opal Wealth Advisors LLC purchased a brand new stake in shares of Amphenol within the second quarter valued at about $29,000. 97.01% of the inventory is at the moment owned by institutional traders and hedge funds.
Insider Shopping for and Promoting at Amphenol
In different information, insider William J. Doherty bought 300,000 shares of the agency’s inventory in a transaction dated Thursday, August fifteenth. The inventory was bought at a mean worth of $65.83, for a complete worth of $19,749,000.00. The sale was disclosed in a submitting with the Securities & Change Fee, which is accessible by means of this hyperlink. In different information, CEO Richard Adam Norwitt bought 750,000 shares of the enterprise’s inventory in a transaction dated Friday, July twenty sixth. The shares had been bought at a mean worth of $64.54, for a complete transaction of $48,405,000.00. Following the completion of the sale, the chief government officer now immediately owns 1,934,848 shares of the corporate’s inventory, valued at $124,875,089.92. The transaction was disclosed in a authorized submitting with the SEC, which is accessible at this hyperlink. Additionally, insider William J. Doherty bought 300,000 shares of Amphenol inventory in a transaction dated Thursday, August fifteenth. The shares had been bought at a mean worth of $65.83, for a complete worth of $19,749,000.00. The disclosure for this sale will be discovered right here. Over the past ninety days, insiders bought 1,516,000 shares of firm inventory valued at $98,236,640. Company insiders personal 1.80% of the corporate’s inventory.
Analysts Set New Worth Targets
Plenty of analysis companies have issued reviews on APH. Vertical Analysis began protection on shares of Amphenol in a report on Tuesday, July twenty third. They issued a “maintain” ranking and a $65.00 worth goal for the corporate. Truist Monetary elevated their worth goal on Amphenol from $74.50 to $76.00 and gave the inventory a “purchase” ranking in a analysis report on Thursday, July twenty fifth. Seaport Res Ptn raised Amphenol to a “strong-buy” ranking in a report on Monday, Could twentieth. Stifel Nicolaus reissued a “maintain” ranking on shares of Amphenol in a report on Thursday, June thirteenth. Lastly, Evercore ISI reaffirmed an “outperform” ranking on shares of Amphenol in a analysis observe on Thursday, June thirteenth. Six equities analysis analysts have rated the inventory with a maintain ranking, eight have given a purchase ranking and one has issued a powerful purchase ranking to the corporate. Primarily based on information from MarketBeat.com, the inventory has a consensus ranking of “Average Purchase” and a consensus goal worth of $65.04.
Get Our Newest Inventory Report on APH
Amphenol Inventory Up 2.1 %
Shares of NYSE:APH opened at $62.04 on Thursday. Amphenol Co. has a 52-week low of $39.34 and a 52-week excessive of $70.84. The corporate has a market capitalization of $74.71 billion, a PE ratio of 37.95, a price-to-earnings-growth ratio of two.36 and a beta of 1.24. The corporate has a debt-to-equity ratio of 0.56, a fast ratio of 1.32 and a present ratio of two.02. The corporate has a fifty day shifting common of $64.79 and a 200-day shifting common of $62.57.
Amphenol (NYSE:APH – Get Free Report) final issued its earnings outcomes on Wednesday, July twenty fourth. The electronics maker reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Amphenol had a return on fairness of 24.08% and a web margin of 15.69%. The enterprise had income of $3.61 billion in the course of the quarter, in comparison with analysts’ expectations of $3.39 billion. Throughout the identical quarter within the prior yr, the agency earned $0.72 EPS. The enterprise’s income for the quarter was up 18.2% in comparison with the identical quarter final yr. On common, equities analysts predict that Amphenol Co. will submit 1.76 EPS for the present fiscal yr.
Amphenol Cuts Dividend
The enterprise additionally lately declared a quarterly dividend, which will probably be paid on Wednesday, October ninth. Shareholders of document on Tuesday, September seventeenth will probably be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized foundation and a yield of 1.06%. The ex-dividend date of this dividend is Tuesday, September seventeenth. Amphenol’s payout ratio is 26.91%.
About Amphenol
Amphenol Company, along with its subsidiaries, primarily designs, manufactures, and markets electrical, digital, and fiber optic connectors in the USA, China, and internationally. It operates by means of three segments: Harsh Atmosphere Options, Communications Options, and Interconnect and Sensor Techniques.
See Additionally
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