Amphenol Co. (NYSE:APH) Stock Holdings Lessened by MML Investors Services LLC

MML Investors Services LLC decreased its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 5.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 111,695 shares of the electronics maker's stock after selling 6,189 shares during the period. MML Investors Services LLC's holdings in Amphenol were worth $7,757,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position in Amphenol by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock worth $10,565,279,000 after acquiring an additional 2,108,578 shares in the last quarter. FMR LLC lifted its stake in shares of Amphenol by 2.6% in the fourth quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock valued at $7,240,202,000 after purchasing an additional 2,643,752 shares during the period. Geode Capital Management LLC grew its position in Amphenol by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 25,325,653 shares of the electronics maker's stock worth $1,754,672,000 after buying an additional 659,560 shares during the period. Norges Bank acquired a new stake in shares of Amphenol during the 4th quarter valued at approximately $1,378,794,000. Finally, Invesco Ltd. increased its stake in Amphenol by 1.2% in the 4th quarter. Invesco Ltd. now owns 9,057,928 shares of the electronics maker's stock valued at $629,073,000 after purchasing an additional 107,482 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Trading Up 0.4 %

Shares of APH traded up $0.31 during trading hours on Tuesday, hitting $76.19. The stock had a trading volume of 1,011,317 shares, compared to its average volume of 7,435,634. The company's fifty day simple moving average is $65.65 and its 200 day simple moving average is $69.08. Amphenol Co. has a 12-month low of $54.77 and a 12-month high of $79.39. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. The firm has a market cap of $92.33 billion, a P/E ratio of 39.73, a P/E/G ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The firm had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the company earned $0.40 EPS. The company's revenue was up 47.7% on a year-over-year basis. Equities research analysts forecast that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were given a $0.165 dividend. The ex-dividend date was Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 0.87%. Amphenol's payout ratio is currently 32.04%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Citigroup raised their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, April 24th. Fox Advisors upgraded Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 target price on the stock in a report on Thursday, April 24th. Robert W. Baird boosted their price target on Amphenol from $73.00 to $85.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. UBS Group reaffirmed a "buy" rating and set a $85.00 price objective (up previously from $78.00) on shares of Amphenol in a research note on Thursday. Finally, Bank of America boosted their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $82.58.

Amphenol Profile

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.