Amphenol Co. (NYSE:APH) is James Hambro & Partners LLP’s 6th Largest Position

James Hambro & Partners LLP lessened its stake in Amphenol Co. (NYSE:APH) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,949,891 shares of the electronics maker’s stock after selling 31,713 shares during the period. Amphenol comprises about 5.3% of James Hambro & Partners LLP’s investment portfolio, making the stock its 6th largest position. James Hambro & Partners LLP’s holdings in Amphenol were worth $135,508,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. increased its holdings in shares of Amphenol by 50.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker’s stock valued at $17,477,000 after acquiring an additional 90,450 shares during the last quarter. LMR Partners LLP boosted its holdings in Amphenol by 315.1% in the third quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker’s stock worth $19,209,000 after purchasing an additional 223,784 shares during the period. Advisors Asset Management Inc. increased its stake in Amphenol by 22.3% during the third quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker’s stock valued at $6,966,000 after purchasing an additional 19,496 shares during the last quarter. Whalen Wealth Management Inc. acquired a new stake in shares of Amphenol during the third quarter worth $484,000. Finally, Czech National Bank lifted its position in shares of Amphenol by 7.2% in the 3rd quarter. Czech National Bank now owns 245,326 shares of the electronics maker’s stock worth $15,985,000 after buying an additional 16,425 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Price Performance

Shares of APH opened at $77.10 on Monday. The firm has a market capitalization of $92.95 billion, a price-to-earnings ratio of 40.26, a price-to-earnings-growth ratio of 2.12 and a beta of 1.24. The stock’s fifty day moving average is $72.12 and its 200-day moving average is $67.98. Amphenol Co. has a one year low of $49.38 and a one year high of $79.39. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.33 and a current ratio of 2.37.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. The firm had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4,051,810 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. Amphenol’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter last year, the company earned $0.82 EPS. Equities analysts anticipate that Amphenol Co. will post 2.17 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th were given a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.86%. Amphenol’s dividend payout ratio (DPR) is 34.46%.

Insider Activity

In other news, VP David M. Silverman sold 180,000 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total transaction of $12,391,200.00. Following the completion of the sale, the vice president now owns 14,000 shares in the company, valued at approximately $963,760. This represents a 92.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 150,000 shares of Amphenol stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.76, for a total value of $10,314,000.00. Following the completion of the transaction, the chief financial officer now owns 218,116 shares in the company, valued at $14,997,656.16. The trade was a 40.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,842,672 shares of company stock worth $128,858,080. 1.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on APH. The Goldman Sachs Group increased their price objective on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial increased their price target on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. boosted their price objective on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday. Citigroup increased their target price on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Finally, Bank of America boosted their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $80.68.

Amphenol Company Profile

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.