Mawer Investment Management Ltd. grew its stake in Amphenol Co. (NYSE:APH) by 19.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,390,095 shares of the electronics maker’s stock after acquiring an additional 391,135 shares during the quarter. Amphenol comprises about 1.5% of Mawer Investment Management Ltd.’s portfolio, making the stock its 25th biggest position. Mawer Investment Management Ltd. owned approximately 0.80% of Amphenol worth $229,306,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Chicago Capital LLC grew its stake in Amphenol by 53.6% during the 2nd quarter. Chicago Capital LLC now owns 8,600 shares of the electronics maker’s stock worth $825,000 after buying an additional 3,000 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in Amphenol by 30.7% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 405,524 shares of the electronics maker’s stock worth $38,388,000 after buying an additional 95,189 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in Amphenol by 36.0% during the 1st quarter. Rockefeller Capital Management L.P. now owns 1,058 shares of the electronics maker’s stock worth $99,000 after buying an additional 280 shares during the last quarter. Joseph P. Lucia & Associates LLC purchased a new position in Amphenol during the 1st quarter worth $50,000. Finally, Foster Dykema Cabot & Co. Inc. MA grew its stake in Amphenol by 3.3% during the 1st quarter. Foster Dykema Cabot & Co. Inc. MA now owns 49,640 shares of the electronics maker’s stock worth $4,688,000 after buying an additional 1,593 shares during the last quarter. Institutional investors and hedge funds own 95.00% of the company’s stock.
Shares of APH stock traded down $1.89 on Friday, hitting $85.96. The company had a trading volume of 531,793 shares, compared to its average volume of 1,754,814. The firm has a market cap of $25.57 billion, a P/E ratio of 22.80, a price-to-earnings-growth ratio of 2.53 and a beta of 1.02. The company has a 50-day moving average price of $92.78 and a 200-day moving average price of $94.61. The company has a quick ratio of 1.44, a current ratio of 2.06 and a debt-to-equity ratio of 0.85. Amphenol Co. has a twelve month low of $74.95 and a twelve month high of $105.51.
Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, July 24th. The electronics maker reported $0.92 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.93 by ($0.01). The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.01 billion. Amphenol had a net margin of 14.54% and a return on equity of 29.08%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the firm earned $0.90 EPS. Equities research analysts expect that Amphenol Co. will post 3.58 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Investors of record on Tuesday, September 17th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.16%. The ex-dividend date is Monday, September 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.23. Amphenol’s payout ratio is currently 24.40%.
APH has been the topic of several research analyst reports. Evercore ISI initiated coverage on Amphenol in a research note on Wednesday, June 5th. They set an “outperform” rating and a $102.00 target price on the stock. Wells Fargo & Co lowered their price target on Amphenol from $115.00 to $105.00 and set an “outperform” rating for the company in a research report on Thursday, July 25th. ValuEngine cut Amphenol from a “buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Morgan Stanley lowered their price target on Amphenol from $108.00 to $104.00 and set an “overweight” rating for the company in a research report on Thursday, July 25th. Finally, Longbow Research cut Amphenol from a “buy” rating to a “neutral” rating and set a $94.30 price target for the company. in a research report on Monday, June 17th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Amphenol has an average rating of “Buy” and a consensus target price of $104.41.
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, busbars, and distribution systems; and other connectors.
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