Edmond DE Rothschild Holding S.A. Boosts Holdings in Amphenol Co. (NYSE:APH)

Edmond DE Rothschild Holding S.A. lifted its stake in Amphenol Co. (NYSE:APH) by 60.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,725 shares of the electronics maker’s stock after buying an additional 2,907 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Amphenol were worth $529,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its position in shares of Amphenol by 103.6% in the 1st quarter. Bank of New York Mellon Corp now owns 29,686,513 shares of the electronics maker’s stock valued at $1,958,421,000 after buying an additional 15,108,134 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Amphenol by 119.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 16,344,708 shares of the electronics maker’s stock valued at $1,078,260,000 after buying an additional 8,880,817 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Amphenol by 70.6% in the 1st quarter. JPMorgan Chase & Co. now owns 14,301,522 shares of the electronics maker’s stock valued at $943,471,000 after buying an additional 5,920,513 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Amphenol by 97.6% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 10,519,480 shares of the electronics maker’s stock valued at $693,969,000 after buying an additional 5,195,318 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Amphenol by 105.1% in the 1st quarter. Geode Capital Management LLC now owns 10,509,175 shares of the electronics maker’s stock valued at $691,467,000 after buying an additional 5,386,058 shares during the last quarter. 94.95% of the stock is currently owned by hedge funds and other institutional investors.

APH stock opened at $77.49 on Friday. Amphenol Co. has a one year low of $51.58 and a one year high of $77.68. The stock has a market capitalization of $46.35 billion, a PE ratio of 34.36, a price-to-earnings-growth ratio of 2.51 and a beta of 1.25. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.58 and a current ratio of 2.17. The company has a fifty day moving average of $74.22 and a 200-day moving average of $69.66.

Amphenol (NYSE:APH) last released its earnings results on Tuesday, July 27th. The electronics maker reported $0.61 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.06. Amphenol had a net margin of 14.35% and a return on equity of 25.50%. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Equities analysts forecast that Amphenol Co. will post 2.39 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 13th. Stockholders of record on Tuesday, September 21st will be paid a $0.145 dividend. This represents a $0.58 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend is Monday, September 20th. Amphenol’s dividend payout ratio (DPR) is presently 31.02%.

In related news, VP Lance E. D’amico sold 40,000 shares of the firm’s stock in a transaction dated Monday, August 2nd. The shares were sold at an average price of $72.61, for a total value of $2,904,400.00. Following the completion of the sale, the vice president now owns 53,200 shares in the company, valued at $3,862,852. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lance E. D’amico sold 27,500 shares of the firm’s stock in a transaction dated Tuesday, September 7th. The shares were sold at an average price of $76.25, for a total transaction of $2,096,875.00. The disclosure for this sale can be found here. Insiders sold a total of 462,900 shares of company stock valued at $34,706,495 in the last 90 days. Company insiders own 2.50% of the company’s stock.

A number of research firms recently commented on APH. Royal Bank of Canada increased their target price on shares of Amphenol from $73.00 to $76.00 and gave the company a “sector perform” rating in a research report on Thursday, July 29th. Evercore ISI reiterated a “buy” rating and set a $77.00 price target on shares of Amphenol in a research note on Tuesday, June 8th. Jefferies Financial Group increased their price target on shares of Amphenol from $84.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday. Cowen increased their price target on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 3rd. Finally, Morgan Stanley increased their price target on shares of Amphenol from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 29th. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $75.00.

Amphenol Company Profile

Amphenol Corp. engages in the design, manufacture, and marketing of electrical, electronic and fiber optic connectors interconnect systems, antennas, sensors and sensor-based products, and coaxial and high-speed specialty cable. It operates through the Interconnect Products and Assemblies; and Cables Products and Solutions segments.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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