Frontier Capital Management Co. LLC Has $64.07 Million Position in Amphenol Corporation (APH)
Frontier Capital Management Co. LLC increased its position in Amphenol Corporation (NYSE:APH) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 757,011 shares of the electronics maker’s stock after acquiring an additional 10,850 shares during the quarter. Frontier Capital Management Co. LLC owned about 0.25% of Amphenol Corporation worth $64,073,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Dupont Capital Management Corp purchased a new stake in Amphenol Corporation in the 2nd quarter worth approximately $109,000. People s United Financial Inc. increased its holdings in Amphenol Corporation by 6.8% in the 2nd quarter. People s United Financial Inc. now owns 1,495 shares of the electronics maker’s stock worth $110,000 after acquiring an additional 95 shares in the last quarter. Parallel Advisors LLC increased its holdings in Amphenol Corporation by 28.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,746 shares of the electronics maker’s stock worth $134,000 after acquiring an additional 391 shares in the last quarter. Cribstone Capital Management LLC increased its holdings in Amphenol Corporation by 123.5% in the 3rd quarter. Cribstone Capital Management LLC now owns 1,900 shares of the electronics maker’s stock worth $161,000 after acquiring an additional 1,050 shares in the last quarter. Finally, Acrospire Investment Management LLC purchased a new stake in Amphenol Corporation in the 2nd quarter worth approximately $148,000. 96.90% of the stock is owned by institutional investors.
In other news, Director Diana G. Reardon sold 28,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $87.28, for a total transaction of $2,443,840.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Craig A. Lampo sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The shares were sold at an average price of $79.70, for a total value of $1,195,500.00. Following the transaction, the chief financial officer now owns 40,000 shares of the company’s stock, valued at $3,188,000. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 458,800 shares of company stock valued at $38,705,206. Insiders own 2.51% of the company’s stock.
APH has been the subject of several analyst reports. BidaskClub raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Stifel Nicolaus reissued a “hold” rating and issued a $72.00 target price on shares of Amphenol Corporation in a report on Friday, July 14th. Zacks Investment Research raised shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $84.00 target price for the company in a report on Wednesday, July 19th. Finally, Royal Bank Of Canada reissued a “top pick” rating and issued a $85.00 target price (up from $81.00) on shares of Amphenol Corporation in a report on Tuesday, August 29th. Five investment analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $86.78.
Shares of Amphenol Corporation (APH) opened at $87.33 on Friday. 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 has a fifty-two week low of $64.83 and a fifty-two week high of $88.19. The stock has a market cap of $26,665.25, a P/E ratio of 27.72, a price-to-earnings-growth ratio of 2.68 and a beta of 0.80.
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, beating analysts’ consensus estimates of $0.79 by $0.09. Amphenol Corporation had a net margin of 14.73% and a return on equity of 25.63%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period last year, the firm posted $0.73 EPS. The company’s revenue was up 12.5% on a year-over-year basis. equities research analysts anticipate that Amphenol Corporation will post 3.21 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Monday, December 18th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Friday, December 15th. Amphenol Corporation’s dividend payout ratio (DPR) is currently 24.20%.
Amphenol Corporation 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.
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).
Receive News & Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.