BSN CAPITAL PARTNERS Ltd acquired a new stake in shares of Amphenol Co. (NYSE:APH - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 119,458 shares of the electronics maker's stock, valued at approximately $8,327,000. Amphenol makes up 1.6% of BSN CAPITAL PARTNERS Ltd's investment portfolio, making the stock its 29th biggest position.
Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Amphenol by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 73,459,971 shares of the electronics maker's stock worth $8,473,608,000 after acquiring an additional 321,861 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Amphenol by 92.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 36,637,988 shares of the electronics maker's stock worth $2,468,301,000 after acquiring an additional 17,552,921 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Amphenol by 6.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 31,224,036 shares of the electronics maker's stock worth $3,601,694,000 after acquiring an additional 1,979,022 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in shares of Amphenol by 69.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 23,225,629 shares of the electronics maker's stock worth $1,564,711,000 after acquiring an additional 9,487,387 shares in the last quarter. Finally, Mawer Investment Management Ltd. boosted its holdings in shares of Amphenol by 88.9% in the 2nd quarter. Mawer Investment Management Ltd. now owns 15,455,006 shares of the electronics maker's stock worth $1,041,204,000 after acquiring an additional 7,275,279 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.
In other news, insider Luc Walter sold 170,000 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $64.10, for a total transaction of $10,897,000.00. Following the completion of the transaction, the insider now directly owns 447,790 shares in the company, valued at $28,703,339. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, VP Lance E. D'amico sold 90,000 shares of the stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $64.65, for a total transaction of $5,818,500.00. Following the sale, the vice president now owns 51,400 shares in the company, valued at approximately $3,323,010. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Luc Walter sold 170,000 shares of the stock in a transaction that occurred on Monday, July 29th. The stock was sold at an average price of $64.10, for a total transaction of $10,897,000.00. Following the sale, the insider now owns 447,790 shares in the company, valued at $28,703,339. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,516,000 shares of company stock valued at $98,236,640. Company insiders own 1.80% of the company's stock.
Shares of APH stock opened at $64.91 on Thursday. Amphenol Co. has a 12-month low of $39.34 and a 12-month high of $70.84. The firm has a market capitalization of $77.97 billion, a price-to-earnings ratio of 39.82, a price-to-earnings-growth ratio of 2.59 and a beta of 1.24. The company has a quick ratio of 1.32, a current ratio of 2.02 and a debt-to-equity ratio of 0.56. The firm has a fifty day moving average of $63.95 and a 200-day moving average of $63.82.
Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, July 24th. The electronics maker reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The firm had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.39 billion. Amphenol had a net margin of 15.69% and a return on equity of 24.08%. The company's revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.72 EPS. On average, equities research analysts forecast that Amphenol Co. will post 1.76 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, September 17th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date of this dividend was Tuesday, September 17th. Amphenol's payout ratio is presently 40.49%.
Several research analysts have recently commented on the company. Vertical Research started coverage on Amphenol in a report on Tuesday, July 23rd. They issued a "hold" rating and a $65.00 target price on the stock. Robert W. Baird dropped their price objective on shares of Amphenol from $72.00 to $70.00 and set an "outperform" rating for the company in a research report on Thursday, July 25th. Stifel Nicolaus restated a "hold" rating on shares of Amphenol in a research report on Thursday, June 13th. Truist Financial boosted their price objective on shares of Amphenol from $74.50 to $76.00 and gave the stock a "buy" rating in a research report on Thursday, July 25th. Finally, UBS Group boosted their price objective on shares of Amphenol from $69.00 to $80.00 and gave the stock a "buy" rating in a research report on Wednesday, July 10th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $66.50.
Check Out Our Latest Report on APH
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.
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