Bp Plc boosted its position in Amphenol Co. (NYSE:APH) by 76.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,000 shares of the electronics maker’s stock after buying an additional 29,000 shares during the period. Bp Plc’s holdings in Amphenol were worth $5,883,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. CIBC Asset Management Inc boosted its position in Amphenol by 2.0% in the third quarter. CIBC Asset Management Inc now owns 30,016 shares of the electronics maker’s stock valued at $2,541,000 after buying an additional 575 shares during the last quarter. Connable Office Inc. boosted its position in Amphenol by 1.8% in the third quarter. Connable Office Inc. now owns 33,706 shares of the electronics maker’s stock valued at $2,853,000 after buying an additional 601 shares during the last quarter. BT Investment Management Ltd boosted its position in Amphenol by 10.0% in the third quarter. BT Investment Management Ltd now owns 6,965 shares of the electronics maker’s stock valued at $590,000 after buying an additional 631 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in Amphenol by 0.6% in the third quarter. Oregon Public Employees Retirement Fund now owns 109,071 shares of the electronics maker’s stock valued at $9,232,000 after buying an additional 654 shares during the last quarter. Finally, YHB Investment Advisors Inc. boosted its position in Amphenol by 1.6% in the fourth quarter. YHB Investment Advisors Inc. now owns 41,128 shares of the electronics maker’s stock valued at $3,611,000 after buying an additional 660 shares during the last quarter. Hedge funds and other institutional investors own 97.00% of the company’s stock.

Shares of Amphenol Co. (NYSE APH) opened at $84.44 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.95 and a quick ratio of 2.25. Amphenol Co. has a 52-week low of $68.02 and a 52-week high of $93.62. The company has a market capitalization of $26,955.34, a P/E ratio of 27.08, a price-to-earnings-growth ratio of 2.59 and a beta of 0.82.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.86 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.81 by $0.05. Amphenol had a return on equity of 26.09% and a net margin of 9.28%. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. The business’s quarterly revenue was up 17.7% compared to the same quarter last year. sell-side analysts forecast that Amphenol Co. will post 3.45 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Monday, March 19th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 0.90%. The ex-dividend date of this dividend is Friday, March 16th. Amphenol’s payout ratio is 37.07%.

APH has been the topic of several recent research reports. SunTrust Banks restated a “hold” rating and issued a $89.00 price objective (up previously from $82.00) on shares of Amphenol in a research report on Thursday, January 25th. Morgan Stanley upped their price objective on Amphenol from $87.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 25th. Deutsche Bank upped their price objective on Amphenol from $95.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Zacks Investment Research lowered Amphenol from a “buy” rating to a “hold” rating in a research report on Monday, January 22nd. Finally, Canaccord Genuity restated a “hold” rating on shares of Amphenol in a research report on Monday, October 16th. Six analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $92.00.

In other news, Director Diana G. Reardon sold 503,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $90.73, for a total transaction of $45,637,190.00. Following the completion of the transaction, the director now directly owns 260,000 shares of the company’s stock, valued at approximately $23,589,800. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Craig A. Lampo sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $89.51, for a total value of $895,100.00. Following the transaction, the chief financial officer now directly owns 35,000 shares of the company’s stock, valued at $3,132,850. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 523,000 shares of company stock valued at $47,452,990. Corporate insiders own 2.51% of the company’s stock.

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Amphenol 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.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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