Beaton Management Co. Inc. acquired a new position in shares of Amphenol Corporation (NYSE:APH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 5,650 shares of the electronics maker’s stock, valued at approximately $478,000.

A number of other large investors have also recently made changes to their positions in APH. Vanguard Group Inc. grew its position in shares of Amphenol Corporation by 2.6% during the 2nd quarter. Vanguard Group Inc. now owns 30,560,224 shares of the electronics maker’s stock worth $2,255,957,000 after buying an additional 765,862 shares during the period. Capital World Investors grew its position in shares of Amphenol Corporation by 0.9% during the 2nd quarter. Capital World Investors now owns 26,040,751 shares of the electronics maker’s stock worth $1,922,328,000 after buying an additional 236,214 shares during the period. Janus Henderson Group PLC grew its position in shares of Amphenol Corporation by 1,662.5% during the 2nd quarter. Janus Henderson Group PLC now owns 10,597,526 shares of the electronics maker’s stock worth $782,311,000 after buying an additional 9,996,239 shares during the period. Capital Research Global Investors grew its position in shares of Amphenol Corporation by 31.7% during the 2nd quarter. Capital Research Global Investors now owns 3,170,204 shares of the electronics maker’s stock worth $234,024,000 after buying an additional 762,494 shares during the period. Finally, Voya Investment Management LLC grew its position in shares of Amphenol Corporation by 33.9% during the 2nd quarter. Voya Investment Management LLC now owns 2,760,299 shares of the electronics maker’s stock worth $203,766,000 after buying an additional 698,538 shares during the period. 97.47% of the stock is owned by hedge funds and other institutional investors.

In other Amphenol Corporation news, CEO Richard Adam Norwitt sold 220,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $86.10, for a total value of $18,942,000.00. Following the transaction, the chief executive officer now directly owns 216,492 shares of the company’s stock, valued at approximately $18,639,961.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP David M. Silverman sold 16,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $80.04, for a total value of $1,280,640.00. Following the completion of the transaction, the vice president now directly owns 16,000 shares in the company, valued at $1,280,640. The disclosure for this sale can be found here. In the last 90 days, insiders sold 392,000 shares of company stock worth $33,576,990. 2.51% of the stock is owned by company insiders.

Shares of Amphenol Corporation (APH) traded down $0.94 during trading on Thursday, hitting $89.90. The stock had a trading volume of 1,229,300 shares, compared to its average volume of 1,127,618. Amphenol Corporation has a one year low of $66.00 and a one year high of $91.14. The company has a market cap of $27,170.00, a PE ratio of 28.84, a P/E/G ratio of 2.56 and a beta of 0.80. The company has a current ratio of 3.04, a quick ratio of 2.27 and a debt-to-equity ratio of 0.87.

Amphenol Corporation (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 25th. The electronics maker reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. Amphenol Corporation had a return on equity of 25.63% and a net margin of 14.73%. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter in the prior year, the business posted $0.73 EPS. The business’s revenue was up 12.5% compared to the same quarter last year. analysts forecast that Amphenol Corporation will post 3.21 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Monday, December 18th will be paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date of this dividend is Friday, December 15th. Amphenol Corporation’s dividend payout ratio (DPR) is presently 24.28%.

Several equities analysts recently issued reports on APH shares. Royal Bank Of Canada reiterated a “top pick” rating and issued a $85.00 price objective (up from $81.00) on shares of Amphenol Corporation in a research report on Tuesday, August 29th. Cowen and Company reiterated an “outperform” rating and issued a $95.00 price objective (up from $85.00) on shares of Amphenol Corporation in a research report on Tuesday, October 10th. Bank of America Corporation upgraded Amphenol Corporation from a “neutral” rating to a “buy” rating in a research report on Friday, September 29th. Zacks Investment Research upgraded Amphenol Corporation from a “hold” rating to a “buy” rating and set a $89.00 price objective for the company in a research report on Thursday, August 24th. Finally, Deutsche Bank AG boosted their price objective on Amphenol Corporation from $95.00 to $96.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. Amphenol Corporation has a consensus rating of “Buy” and an average price target of $87.90.

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Amphenol Corporation Company Profile

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Institutional Ownership by Quarter for Amphenol Corporation (NYSE:APH)

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