Livforsakringsbolaget Skandia Omsesidigt Grows Holdings in Amphenol Co. (NYSE:APH)

Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in Amphenol Co. (NYSE:APH) by 108.1% in the fourth quarter, HoldingsChannel reports. The firm owned 874 shares of the electronics maker’s stock after buying an additional 454 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Amphenol were worth $87,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in APH. Hixon Zuercher LLC grew its holdings in Amphenol by 0.5% during the 4th quarter. Hixon Zuercher LLC now owns 21,437 shares of the electronics maker’s stock worth $2,125,000 after acquiring an additional 104 shares in the last quarter. Jacobsen Capital Management lifted its position in shares of Amphenol by 1.8% during the 4th quarter. Jacobsen Capital Management now owns 6,113 shares of the electronics maker’s stock worth $606,000 after buying an additional 108 shares during the last quarter. Strategic Blueprint LLC lifted its position in shares of Amphenol by 2.4% during the 4th quarter. Strategic Blueprint LLC now owns 4,844 shares of the electronics maker’s stock worth $480,000 after buying an additional 112 shares during the last quarter. Simon Quick Advisors LLC lifted its position in shares of Amphenol by 2.2% during the 4th quarter. Simon Quick Advisors LLC now owns 5,421 shares of the electronics maker’s stock worth $537,000 after buying an additional 115 shares during the last quarter. Finally, Drive Wealth Management LLC lifted its position in shares of Amphenol by 3.4% during the 4th quarter. Drive Wealth Management LLC now owns 3,573 shares of the electronics maker’s stock worth $355,000 after buying an additional 116 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity

In related news, insider William J. Doherty sold 170,000 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $103.50, for a total value of $17,595,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CFO Craig A. Lampo sold 100,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $104.67, for a total value of $10,467,000.00. Following the transaction, the chief financial officer now owns 147,045 shares in the company, valued at approximately $15,391,200.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William J. Doherty sold 170,000 shares of the company’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $103.50, for a total value of $17,595,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 305,000 shares of company stock valued at $31,846,050. 2.22% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. The Goldman Sachs Group boosted their price objective on shares of Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Bank of America upped their price target on shares of Amphenol from $117.00 to $121.00 and gave the company a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $118.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, April 11th. UBS Group upped their price target on shares of Amphenol from $118.00 to $135.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Stifel Nicolaus upped their price target on shares of Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a research report on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $113.75.

Amphenol Stock Down 0.6 %

APH stock opened at $110.21 on Friday. Amphenol Co. has a twelve month low of $72.00 and a twelve month high of $119.59. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $66.30 billion, a P/E ratio of 35.44, a PEG ratio of 3.18 and a beta of 1.30. The firm has a 50 day simple moving average of $110.87 and a 200-day simple moving average of $98.54.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 EPS 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 firm had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.16 billion. During the same quarter in the previous year, the company posted $0.78 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. On average, equities research analysts predict that Amphenol Co. will post 3.28 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Monday, March 18th. Amphenol’s dividend payout ratio (DPR) is 28.30%.

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.