Amphenol Co. (NYSE:APH) Position Reduced by Raymond James Trust N.A.

Raymond James Trust N.A. decreased its position in shares of Amphenol Co. (NYSE:APHGet Rating) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,162 shares of the electronics maker’s stock after selling 242 shares during the period. Raymond James Trust N.A.’s holdings in Amphenol were worth $277,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. CX Institutional raised its holdings in Amphenol by 10.3% during the third quarter. CX Institutional now owns 1,319 shares of the electronics maker’s stock worth $97,000 after purchasing an additional 123 shares in the last quarter. WealthShield Partners LLC increased its holdings in shares of Amphenol by 3.8% in the third quarter. WealthShield Partners LLC now owns 3,403 shares of the electronics maker’s stock valued at $249,000 after buying an additional 123 shares in the last quarter. Checchi Capital Advisers LLC increased its holdings in shares of Amphenol by 3.1% in the third quarter. Checchi Capital Advisers LLC now owns 4,755 shares of the electronics maker’s stock valued at $348,000 after buying an additional 143 shares in the last quarter. Huntington National Bank increased its holdings in shares of Amphenol by 0.3% in the fourth quarter. Huntington National Bank now owns 47,349 shares of the electronics maker’s stock valued at $4,141,000 after buying an additional 158 shares in the last quarter. Finally, Zevenbergen Capital Investments LLC increased its holdings in shares of Amphenol by 1.5% in the third quarter. Zevenbergen Capital Investments LLC now owns 12,045 shares of the electronics maker’s stock valued at $882,000 after buying an additional 175 shares in the last quarter. 95.24% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol stock opened at $73.28 on Monday. The company’s fifty day simple moving average is $75.79 and its 200-day simple moving average is $78.96. The company has a quick ratio of 1.66, a current ratio of 2.43 and a debt-to-equity ratio of 0.75. Amphenol Co. has a 12 month low of $64.13 and a 12 month high of $88.45. The stock has a market cap of $43.89 billion, a P/E ratio of 28.85, a P/E/G ratio of 2.37 and a beta of 1.26.

Amphenol (NYSE:APHGet Rating) last posted its quarterly earnings results on Wednesday, January 26th. The electronics maker reported $0.70 EPS for the quarter, beating the consensus estimate of $0.63 by $0.07. Amphenol had a net margin of 14.63% and a return on equity of 26.17%. The business had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $2.77 billion. During the same period in the previous year, the company posted $0.56 EPS. Amphenol’s revenue was up 24.8% on a year-over-year basis. On average, equities research analysts expect that Amphenol Co. will post 2.75 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 13th. Stockholders of record on Tuesday, March 22nd will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.09%. The ex-dividend date is Monday, March 21st. Amphenol’s dividend payout ratio is currently 31.50%.

Several research analysts have issued reports on the company. StockNews.com assumed coverage on Amphenol in a report on Thursday, March 31st. They issued a “hold” rating on the stock. Morgan Stanley upped their price target on Amphenol from $83.00 to $84.00 and gave the company an “equal weight” rating in a report on Thursday, January 27th. The Goldman Sachs Group upped their price target on Amphenol from $82.00 to $92.00 and gave the company a “buy” rating in a report on Monday, January 10th. Cowen cut shares of Amphenol from an “outperform” rating to a “market perform” rating and set a $80.00 price objective on the stock. in a research report on Friday, January 7th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $82.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, December 13th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Amphenol has an average rating of “Buy” and a consensus target price of $83.78.

About Amphenol (Get Rating)

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.

Further Reading

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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