Analog Century Management LP Has $90.70 Million Stake in Amphenol Co. (NYSE:APH)

Analog Century Management LP increased its holdings in Amphenol Co. (NYSE:APH - Free Report) by 2.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,306,011 shares of the electronics maker's stock after buying an additional 31,383 shares during the quarter. Amphenol comprises 6.1% of Analog Century Management LP's portfolio, making the stock its 4th largest holding. Analog Century Management LP owned about 0.11% of Amphenol worth $90,702,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Amphenol during the fourth quarter valued at $1,378,794,000. Price T Rowe Associates Inc. MD grew its stake in shares of Amphenol by 36.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 58,911,813 shares of the electronics maker's stock valued at $4,091,426,000 after buying an additional 15,837,407 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Amphenol by 619.9% in the 4th quarter. Wellington Management Group LLP now owns 7,014,111 shares of the electronics maker's stock valued at $487,130,000 after buying an additional 6,039,845 shares in the last quarter. FMR LLC grew its stake in shares of Amphenol by 2.6% in the 4th quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock valued at $7,240,202,000 after buying an additional 2,643,752 shares in the last quarter. Finally, Madison Investment Advisors LLC bought a new stake in Amphenol during the fourth quarter worth approximately $157,749,000. 97.01% of the stock is owned by institutional investors.

Amphenol Price Performance

Shares of NYSE APH traded up $0.46 during trading on Tuesday, reaching $76.34. The company had a trading volume of 1,587,617 shares, compared to its average volume of 7,438,210. Amphenol Co. has a 52 week low of $54.77 and a 52 week high of $79.39. The stock has a market cap of $92.50 billion, a PE ratio of 39.84, a PEG ratio of 1.92 and a beta of 1.17. 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 business's 50 day moving average price is $65.65 and its 200-day moving average price is $69.08.

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

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Tuesday, March 18th. Amphenol's payout ratio is presently 32.04%.

Analyst Ratings Changes

A number of brokerages have issued reports on APH. JPMorgan Chase & Co. upped their target price on Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Bank of America upped their target price on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, January 23rd. The Goldman Sachs Group upped their target price on Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, April 24th. Robert W. Baird upped 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. Finally, Citigroup upped their price target on Amphenol from $75.00 to $85.00 and gave the stock a "buy" rating in a report on Thursday, April 24th. Four equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $82.58.

About Amphenol

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.