Zions Bancorporation N.A. raised its place in Amphenol Co. (NYSE:APH – Free Report) by 79.3% within the second quarter, in accordance with its most up-to-date Type 13F submitting with the Securities & Change Fee. The fund owned 3,048 shares of the electronics maker’s inventory after buying an extra 1,348 shares in the course of the quarter. Zions Bancorporation N.A.’s holdings in Amphenol had been value $205,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers and hedge funds additionally just lately added to or diminished their stakes within the firm. Beacon Capital Administration LLC grew its stake in shares of Amphenol by 121.2% in the course of the second quarter. Beacon Capital Administration LLC now owns 376 shares of the electronics maker’s inventory value $25,000 after buying an extra 206 shares within the final quarter. New England Capital Monetary Advisors LLC boosted its place in shares of Amphenol by 100.0% in the course of the 2nd quarter. New England Capital Monetary Advisors LLC now owns 376 shares of the electronics maker’s inventory value $25,000 after buying an extra 188 shares within the final quarter. Sachetta LLC elevated its holdings in shares of Amphenol by 131.1% within the 2nd quarter. Sachetta LLC now owns 439 shares of the electronics maker’s inventory valued at $27,000 after buying an extra 249 shares over the last quarter. Frazier Monetary Advisors LLC acquired a brand new stake in shares of Amphenol in the course of the 4th quarter value about $29,000. Lastly, Opal Wealth Advisors LLC bought a brand new stake in Amphenol in the course of the second quarter value roughly $29,000. Institutional buyers and hedge funds personal 97.01% of the corporate’s inventory.
Insider Exercise at Amphenol
In different Amphenol information, insider William J. Doherty offered 300,000 shares of the inventory in a transaction on Thursday, August fifteenth. The inventory was offered at a mean value of $65.83, for a complete worth of $19,749,000.00. The transaction was disclosed in a authorized submitting with the Securities & Change Fee, which is out there at this hyperlink. In different Amphenol information, insider William J. Doherty offered 300,000 shares of the corporate’s inventory in a transaction dated Thursday, August fifteenth. The shares had been offered at a mean value of $65.83, for a complete transaction of $19,749,000.00. The sale was disclosed in a doc filed with the SEC, which is out there by way of this hyperlink. Additionally, CEO Richard Adam Norwitt offered 750,000 shares of Amphenol inventory in a transaction that occurred on Friday, July twenty sixth. The shares had been offered at a mean value of $64.54, for a complete transaction of $48,405,000.00. Following the sale, the chief govt officer now owns 1,934,848 shares of the corporate’s inventory, valued at $124,875,089.92. The disclosure for this sale could be discovered right here. Insiders have offered a complete of 1,516,000 shares of firm inventory value $98,236,640 over the past three months. 1.80% of the inventory is presently owned by company insiders.
Wall Road Analyst Weigh In
A number of equities analysts have commented on the inventory. Financial institution of America lowered shares of Amphenol from a “purchase” ranking to a “impartial” ranking and dropped their value goal for the corporate from $80.00 to $71.00 in a analysis observe on Wednesday, September 4th. Stifel Nicolaus reissued a “maintain” ranking on shares of Amphenol in a analysis report on Thursday, June thirteenth. TD Cowen upped their value goal on shares of Amphenol from $45.00 to $57.50 and gave the corporate a “maintain” ranking in a analysis observe on Thursday, June sixth. Seaport Res Ptn upgraded Amphenol to a “strong-buy” ranking in a analysis report on Monday, Could twentieth. Lastly, Evercore ISI reissued an “outperform” ranking on shares of Amphenol in a analysis report on Thursday, June thirteenth. Six equities analysis analysts have rated the inventory with a maintain ranking, eight have issued a purchase ranking and one has assigned a powerful purchase ranking to the inventory. In response to MarketBeat.com, the corporate has a consensus ranking of “Reasonable Purchase” and a consensus value goal of $65.04.
View Our Newest Inventory Evaluation on APH
Amphenol Worth Efficiency
Shares of NYSE APH opened at $63.58 on Friday. The corporate has a debt-to-equity ratio of 0.56, a present ratio of two.02 and a fast ratio of 1.32. The corporate has a market cap of $76.57 billion, a PE ratio of 38.89, a P/E/G ratio of two.45 and a beta of 1.24. The inventory has a fifty day shifting common value of $64.61 and a 200 day shifting common value of $62.70. Amphenol Co. has a 1-year low of $39.34 and a 1-year excessive of $70.84.
Amphenol (NYSE:APH – Get Free Report) final launched its earnings outcomes on Wednesday, July twenty fourth. The electronics maker reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The corporate had income of $3.61 billion in the course of the quarter, in comparison with analysts’ expectations of $3.39 billion. Amphenol had a internet margin of 15.69% and a return on fairness of 24.08%. The enterprise’s income was up 18.2% on a year-over-year foundation. Throughout the identical quarter final yr, the enterprise earned $0.72 EPS. Promote-side analysts forecast that Amphenol Co. will put up 1.76 EPS for the present yr.
Amphenol Cuts Dividend
The agency additionally just lately declared a quarterly dividend, which can be paid on Wednesday, October ninth. Stockholders of report on Tuesday, September seventeenth can be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September seventeenth. This represents a $0.66 annualized dividend and a dividend yield of 1.04%. Amphenol’s dividend payout ratio is presently 26.91%.
Amphenol Profile
Amphenol Company, along with its subsidiaries, primarily designs, manufactures, and markets electrical, digital, and fiber optic connectors in the US, China, and internationally. It operates by way of three segments: Harsh Atmosphere Options, Communications Options, and Interconnect and Sensor Techniques.
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