Copeland Capital Management LLC lowered its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 6.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,617 shares of the electronics maker’s stock after selling 8,810 shares during the period. Copeland Capital Management LLC’s holdings in Amphenol were worth $18,733,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of APH. Brighton Jones LLC raised its holdings in Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after buying an additional 4,721 shares during the last quarter. Bison Wealth LLC raised its holdings in Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares during the last quarter. NewEdge Advisors LLC raised its holdings in Amphenol by 55.4% in the second quarter. NewEdge Advisors LLC now owns 62,946 shares of the electronics maker’s stock worth $6,216,000 after buying an additional 22,434 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in Amphenol by 15.5% in the second quarter. Main Street Financial Solutions LLC now owns 4,745 shares of the electronics maker’s stock worth $469,000 after buying an additional 638 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.
Amphenol Stock Up 1.5%
APH opened at $150.38 on Friday. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08. The firm has a 50 day moving average price of $138.16 and a 200-day moving average price of $138.10. Amphenol Corporation has a twelve month low of $70.83 and a twelve month high of $167.04. The stock has a market capitalization of $184.88 billion, a price-to-earnings ratio of 45.02, a PEG ratio of 1.54 and a beta of 1.25.
Amphenol Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 23rd. Amphenol’s payout ratio is presently 29.94%.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on APH shares. Citigroup lifted their target price on shares of Amphenol from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Evercore reaffirmed an “outperform” rating on shares of Amphenol in a report on Tuesday, March 17th. Jefferies Financial Group started coverage on shares of Amphenol in a report on Tuesday, March 31st. They issued a “buy” rating and a $145.00 target price for the company. US Capital Advisors set a $165.00 target price on shares of Amphenol in a report on Friday, January 9th. Finally, Truist Financial set a $182.00 price objective on shares of Amphenol in a report on Tuesday, January 13th. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $156.71.
Get Our Latest Stock Analysis on APH
Insider Buying and Selling at Amphenol
In other news, CEO Richard Adam Norwitt sold 515,281 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total transaction of $75,885,432.87. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. The trade was a 21.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.67% of the stock is owned by insiders.
Amphenol Profile
Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.
Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.
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