Amphenol Co. (NYSE:APH) Shares Acquired by AGF Investments America Inc.

AGF Investments America Inc. grew its position in Amphenol Co. (NYSE:APH) by 31.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 194,030 shares of the electronics maker’s stock after buying an additional 46,080 shares during the quarter. Amphenol accounts for approximately 3.0% of AGF Investments America Inc.’s holdings, making the stock its 13th biggest holding. AGF Investments America Inc.’s holdings in Amphenol were worth $14,209,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Amundi acquired a new position in shares of Amphenol in the 2nd quarter valued at about $494,085,000. JPMorgan Chase & Co. boosted its position in Amphenol by 17.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 16,850,704 shares of the electronics maker’s stock worth $1,152,758,000 after acquiring an additional 2,549,182 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Amphenol by 5.9% in the second quarter. Price T Rowe Associates Inc. MD now owns 17,310,823 shares of the electronics maker’s stock valued at $1,184,233,000 after buying an additional 966,115 shares during the period. Flossbach Von Storch AG lifted its holdings in shares of Amphenol by 10.9% during the third quarter. Flossbach Von Storch AG now owns 9,250,540 shares of the electronics maker’s stock valued at $677,417,000 after purchasing an additional 911,753 shares during the last quarter. Finally, Mawer Investment Management Ltd. raised its position in Amphenol by 10.5% during the second quarter. Mawer Investment Management Ltd. now owns 8,244,923 shares of the electronics maker’s stock valued at $564,035,000 after buying an additional 782,683 shares during the period. Hedge funds and other institutional investors own 94.75% of the company’s stock.

In other news, SVP Jean-Luc Gavelle sold 54,800 shares of the company’s stock in a transaction dated Tuesday, November 23rd. The stock was sold at an average price of $84.53, for a total transaction of $4,632,244.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP William J. Doherty sold 165,800 shares of the firm’s stock in a transaction that occurred on Tuesday, December 7th. The stock was sold at an average price of $83.77, for a total value of $13,889,066.00. The disclosure for this sale can be found here. Insiders have sold a total of 985,600 shares of company stock valued at $81,038,736 in the last quarter. 2.50% of the stock is currently owned by insiders.

A number of brokerages have commented on APH. JPMorgan Chase & Co. raised their price objective on Amphenol from $82.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, December 13th. Jefferies Financial Group lifted their price target on Amphenol from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, September 22nd. The Goldman Sachs Group boosted their price target on Amphenol from $82.00 to $92.00 and gave the stock a “buy” rating in a research report on Monday. Truist boosted their price target on Amphenol from $85.00 to $92.00 and gave the company a “buy” rating in a research note on Friday, November 19th. Finally, Cowen downgraded shares of Amphenol from an “outperform” rating to a “market perform” rating and set a $80.00 price target for the company. in a report on Friday, January 7th. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Buy” and a consensus price target of $82.86.

NYSE APH traded down $0.48 on Friday, hitting $81.38. The company had a trading volume of 37,796 shares, compared to its average volume of 1,713,965. Amphenol Co. has a 12-month low of $58.58 and a 12-month high of $88.45. The company has a market capitalization of $48.67 billion, a PE ratio of 34.47, a PEG ratio of 2.33 and a beta of 1.24. The company’s fifty day moving average price is $83.78 and its 200-day moving average price is $77.48. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.40 and a quick ratio of 1.72.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Tuesday, October 26th. The electronics maker reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.02. The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.72 billion. Amphenol had a return on equity of 25.73% and a net margin of 14.43%. The business’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the business posted $0.55 earnings per share. On average, sell-side analysts anticipate that Amphenol Co. will post 2.41 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 12th. Investors of record on Tuesday, December 21st were paid a dividend of $0.20 per share. This is an increase from Amphenol’s previous quarterly dividend of $0.15. This represents a $0.80 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend was Monday, December 20th. Amphenol’s dividend payout ratio is presently 33.68%.

Amphenol Company Profile

Amphenol Corp. engages in the design, manufacture, and marketing of electrical, electronic and fiber optic connectors interconnect systems, antennas, sensors and sensor-based products, and coaxial and high-speed specialty cable. It operates through the Interconnect Products and Assemblies; and Cables Products and Solutions segments.

Further Reading: What is Cost of Capital?

Institutional Ownership by Quarter for Amphenol (NYSE:APH)

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.