Eads & Heald Wealth Management reduced its holdings in Amphenol Co. (NYSE:APH) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,867 shares of the electronics maker’s stock after selling 186 shares during the period. Eads & Heald Wealth Management’s holdings in Amphenol were worth $1,772,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of APH. Cobiz Wealth LLC boosted its holdings in shares of Amphenol by 0.3% during the 4th quarter. Cobiz Wealth LLC now owns 72,067 shares of the electronics maker’s stock worth $5,839,000 after buying an additional 203 shares during the period. Contravisory Investment Management Inc. boosted its holdings in shares of Amphenol by 5.5% during the 4th quarter. Contravisory Investment Management Inc. now owns 4,619 shares of the electronics maker’s stock worth $374,000 after buying an additional 242 shares during the period. State of Alaska Department of Revenue boosted its holdings in shares of Amphenol by 0.7% during the 4th quarter. State of Alaska Department of Revenue now owns 53,522 shares of the electronics maker’s stock worth $4,335,000 after buying an additional 394 shares during the period. First National Bank of Mount Dora Trust Investment Services boosted its holdings in shares of Amphenol by 0.8% during the 4th quarter. First National Bank of Mount Dora Trust Investment Services now owns 54,374 shares of the electronics maker’s stock worth $4,406,000 after buying an additional 415 shares during the period. Finally, Congress Asset Management Co. MA boosted its holdings in shares of Amphenol by 0.5% during the 4th quarter. Congress Asset Management Co. MA now owns 85,945 shares of the electronics maker’s stock worth $6,963,000 after buying an additional 428 shares during the period. Hedge funds and other institutional investors own 94.38% of the company’s stock.

Several analysts recently commented on APH shares. Zacks Investment Research raised shares of Amphenol from a “hold” rating to a “buy” rating and set a $98.00 target price for the company in a report on Monday, December 3rd. ValuEngine downgraded shares of Amphenol from a “buy” rating to a “hold” rating in a report on Thursday, October 11th. Finally, Goldman Sachs Group raised shares of Amphenol from a “neutral” rating to a “buy” rating and set a $108.00 price objective for the company in a report on Tuesday, October 9th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Amphenol has a consensus rating of “Hold” and a consensus target price of $99.00.

NYSE APH opened at $87.92 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.87 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $26.58 billion, a price-to-earnings ratio of 23.32, a price-to-earnings-growth ratio of 2.18 and a beta of 0.86. Amphenol Co. has a 12-month low of $74.95 and a 12-month high of $97.56.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, January 23rd. The electronics maker reported $1.05 EPS for the quarter, beating the consensus estimate of $0.98 by $0.07. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Amphenol had a net margin of 14.69% and a return on equity of 29.82%. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.86 EPS. On average, research analysts forecast that Amphenol Co. will post 3.93 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.05%. Amphenol’s payout ratio is presently 24.40%.

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Amphenol Profile

Amphenol Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of 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, bus bars, and distribution systems; and other connectors.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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