Banco Santander S.A. lifted its holdings in Amphenol Corporation (NYSE:APH – Free Report) by 3.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 199,512 shares of the electronics maker’s stock after buying an additional 7,240 shares during the quarter. Banco Santander S.A.’s holdings in Amphenol were worth $24,690,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of APH. Financial Management Professionals Inc. increased its position in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. boosted its stake in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the period. Howard Hughes Medical Institute bought a new position in Amphenol during the 2nd quarter worth about $26,000. Alpine Bank Wealth Management acquired a new stake in shares of Amphenol in the 3rd quarter valued at about $30,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Amphenol in the second quarter valued at about $31,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.
Amphenol Price Performance
NYSE:APH opened at $148.44 on Friday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $167.04. The firm has a market capitalization of $182.46 billion, a price-to-earnings ratio of 44.44, a P/E/G ratio of 1.61 and a beta of 1.20. The stock’s 50 day moving average price is $144.66 and its two-hundred day moving average price is $132.59. The company has a quick ratio of 2.48, a current ratio of 2.98 and a debt-to-equity ratio of 1.08.
Amphenol Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, March 23rd. Amphenol’s dividend payout ratio (DPR) is currently 29.94%.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on APH shares. Wall Street Zen lowered Amphenol from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Fox Advisors reiterated an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. The Goldman Sachs Group reissued a “buy” rating and issued a $183.00 price objective on shares of Amphenol in a research report on Thursday, January 15th. Citigroup raised their target price on shares of Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Barclays restated an “overweight” rating and set a $175.00 price objective (up from $156.00) on shares of Amphenol in a research note on Thursday, January 29th. Eleven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average target price of $151.38.
Read Our Latest Report on Amphenol
Insider Activity
In other Amphenol news, CEO Richard Adam Norwitt sold 515,281 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $147.27, for a total value of $75,885,432.87. Following the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $283,863,955.89. This represents a 21.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total transaction of $11,360,000.00. The disclosure for this sale is available in the SEC filing. Insiders own 1.67% of the company’s stock.
About Amphenol
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.
Read More
- Five stocks we like better than Amphenol
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- This makes me furious
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Corporation (NYSE:APH – Free Report).
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.
