Amphenol Co. (NYSE:APH) Stock Holdings Lessened by Mawer Investment Management Ltd.

Mawer Investment Management Ltd. reduced its stake in Amphenol Co. (NYSE:APH) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,349,874 shares of the electronics maker’s stock after selling 1,651,807 shares during the quarter. Amphenol accounts for 3.6% of Mawer Investment Management Ltd.’s investment portfolio, making the stock its 9th biggest holding. Mawer Investment Management Ltd. owned about 0.94% of Amphenol worth $788,249,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new position in shares of Amphenol during the 4th quarter worth approximately $1,378,794,000. Madison Investment Advisors LLC purchased a new stake in shares of Amphenol during the 4th quarter worth $157,749,000. Vanguard Group Inc. grew its stake in shares of Amphenol by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker’s stock worth $10,565,279,000 after purchasing an additional 2,108,578 shares during the period. Jacobs Levy Equity Management Inc. lifted its stake in shares of Amphenol by 89.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock valued at $280,397,000 after purchasing an additional 2,032,402 shares during the period. Finally, Two Sigma Advisers LP acquired a new position in Amphenol during the third quarter worth about $113,828,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Down 2.4 %

Shares of NYSE APH opened at $66.56 on Friday. The stock has a market capitalization of $80.66 billion, a PE ratio of 34.76, a P/E/G ratio of 1.92 and a beta of 1.25. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The firm has a fifty day moving average of $67.86 and a 200-day moving average of $68.78. Amphenol Co. has a 52-week low of $54.72 and a 52-week high of $79.39.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 earnings per share. On average, analysts anticipate that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 0.99%. Amphenol’s dividend payout ratio (DPR) is 34.55%.

Analyst Ratings Changes

A number of research firms recently weighed in on APH. The Goldman Sachs Group upped their price target on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Robert W. Baird boosted their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Citigroup raised their target price on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. JPMorgan Chase & Co. increased their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. Finally, Bank of America upped their price objective on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $80.68.

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.