Natixis Advisors L.P. Boosts Stock Position in Amphenol Co. (NYSE:APH)

Natixis Advisors L.P. boosted its holdings in Amphenol Co. (NYSE:APHGet Rating) by 9.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 258,521 shares of the electronics maker’s stock after purchasing an additional 23,161 shares during the period. Natixis Advisors L.P.’s holdings in Amphenol were worth $22,610,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of APH. Macquarie Group Ltd. boosted its position in Amphenol by 5,807.3% in the third quarter. Macquarie Group Ltd. now owns 2,958,474 shares of the electronics maker’s stock worth $216,649,000 after purchasing an additional 2,908,392 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Amphenol in the fourth quarter valued at $123,354,000. Invesco Ltd. raised its stake in shares of Amphenol by 43.8% in the third quarter. Invesco Ltd. now owns 4,221,157 shares of the electronics maker’s stock valued at $309,115,000 after buying an additional 1,285,429 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Amphenol by 60.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,889,990 shares of the electronics maker’s stock valued at $165,298,000 after buying an additional 713,946 shares during the period. Finally, Alliancebernstein L.P. raised its stake in shares of Amphenol by 4.3% in the third quarter. Alliancebernstein L.P. now owns 16,124,132 shares of the electronics maker’s stock valued at $1,180,771,000 after buying an additional 662,233 shares during the period. 95.24% of the stock is currently owned by institutional investors and hedge funds.

Amphenol stock traded down $2.05 during midday trading on Friday, hitting $71.50. 3,822,448 shares of the company’s stock were exchanged, compared to its average volume of 2,512,058. Amphenol Co. has a 52-week low of $64.13 and a 52-week high of $88.45. The stock has a 50-day moving average price of $73.83 and a two-hundred day moving average price of $78.49. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.66 and a current ratio of 2.55. The company has a market cap of $42.72 billion, a P/E ratio of 26.58, a PEG ratio of 2.40 and a beta of 1.26.

Amphenol (NYSE:APHGet Rating) last posted its earnings results on Wednesday, April 27th. The electronics maker reported $0.67 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.06. Amphenol had a return on equity of 26.69% and a net margin of 14.73%. The business had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $2.76 billion. During the same period in the previous year, the business earned $0.52 earnings per share. The firm’s revenue was up 24.2% on a year-over-year basis. As a group, sell-side analysts expect that Amphenol Co. will post 2.78 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 13th. Investors of record on Tuesday, March 22nd were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.12%. The ex-dividend date was Monday, March 21st. Amphenol’s payout ratio is 29.74%.

APH has been the topic of several research reports. Morgan Stanley lowered their target price on Amphenol from $84.00 to $79.00 and set an “equal weight” rating on the stock in a research note on Monday, April 25th. StockNews.com began coverage on Amphenol in a research note on Thursday, March 31st. They issued a “hold” rating on the stock. Citigroup decreased their price objective on Amphenol from $100.00 to $90.00 in a research note on Thursday. The Goldman Sachs Group boosted their price objective on Amphenol from $82.00 to $92.00 and gave the company a “buy” rating in a research note on Monday, January 10th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $85.00 price objective on shares of Amphenol in a research note on Friday. Five equities research 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.com, the company has an average rating of “Buy” and a consensus price target of $84.40.

Amphenol Profile (Get Rating)

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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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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