Nuance Investments LLC raised its holdings in shares of Amphenol Co. (NYSE:APH) by 139.1% during the 4th quarter, Holdings Channel reports. The firm owned 210,115 shares of the electronics maker’s stock after acquiring an additional 122,236 shares during the quarter. Amphenol accounts for approximately 1.2% of Nuance Investments LLC’s investment portfolio, making the stock its 28th biggest position. Nuance Investments LLC’s holdings in Amphenol were worth $18,448,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Crossmark Global Holdings Inc. purchased a new stake in Amphenol during the 3rd quarter valued at $3,008,000. Dynamic Technology Lab Private Ltd purchased a new stake in Amphenol during the 2nd quarter valued at $392,000. Whittier Trust Co. boosted its stake in Amphenol by 3,390.3% during the 3rd quarter. Whittier Trust Co. now owns 89,352 shares of the electronics maker’s stock valued at $7,563,000 after purchasing an additional 86,792 shares during the last quarter. AXA boosted its stake in Amphenol by 2.5% during the 3rd quarter. AXA now owns 252,000 shares of the electronics maker’s stock valued at $21,330,000 after purchasing an additional 6,100 shares during the last quarter. Finally, Chevy Chase Trust Holdings Inc. boosted its stake in Amphenol by 1.3% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 268,024 shares of the electronics maker’s stock valued at $22,685,000 after purchasing an additional 3,402 shares during the last quarter. Institutional investors and hedge funds own 96.47% of the company’s stock.

In related news, Director Diana G. Reardon sold 503,000 shares of the firm’s stock in a transaction on Tuesday, November 28th. The stock was sold at an average price of $90.73, for a total value of $45,637,190.00. Following 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 legal filing with the SEC, which is available through the SEC website. Also, VP Lance E. D’amico sold 10,000 shares of the firm’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $92.07, for a total value of $920,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 523,000 shares of company stock worth $47,452,990 over the last three months. Insiders own 2.51% of the company’s stock.

Several brokerages have commented on APH. Morgan Stanley increased their target price on Amphenol from $87.00 to $90.00 and gave the company an “equal weight” rating in a research note on Thursday, January 25th. Deutsche Bank increased their target price on Amphenol from $95.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Cowen reiterated a “buy” rating and set a $105.00 target price on shares of Amphenol in a research note on Wednesday, January 10th. Zacks Investment Research upgraded Amphenol from a “hold” rating to a “buy” rating and set a $102.00 target price on the stock in a research note on Wednesday, January 10th. Finally, SunTrust Banks reiterated a “hold” rating and set a $89.00 target price (up from $82.00) on shares of Amphenol in a research note on Thursday, January 25th. Six investment 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. Amphenol has an average rating of “Buy” and an average price target of $92.00.

Amphenol Co. (NYSE APH) opened at $86.41 on Tuesday. The firm has a market capitalization of $25,886.65, a price-to-earnings ratio of 26.01, a PEG ratio of 2.49 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.25 and a current ratio of 2.95. Amphenol Co. has a twelve month low of $68.56 and a twelve month high of $93.62.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 10th. Stockholders of record on Monday, March 19th will be issued a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.76 annualized dividend and a dividend yield of 0.88%. Amphenol’s payout ratio is 37.07%.

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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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