DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Has $33.35 Million Holdings in Amphenol Co. (NYSE:APH)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in Amphenol Co. (NYSE:APH - Free Report) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 480,137 shares of the electronics maker's stock after acquiring an additional 37,679 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main's holdings in Amphenol were worth $33,346,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tacita Capital Inc grew its holdings in shares of Amphenol by 328.9% during the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after buying an additional 296 shares in the last quarter. Sierra Ocean LLC acquired a new stake in shares of Amphenol during the fourth quarter worth $28,000. Rialto Wealth Management LLC acquired a new position in shares of Amphenol during the 4th quarter worth $28,000. Rakuten Securities Inc. increased its stake in shares of Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after purchasing an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management purchased a new stake in shares of Amphenol in the fourth quarter valued at $32,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Lance E. D'amico sold 175,000 shares of the business's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the sale, the vice president now directly owns 51,400 shares of the company's stock, valued at $3,920,792. The trade was a 77.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Richard Adam Norwitt sold 2,000,000 shares of the stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $75.73, for a total transaction of $151,460,000.00. Following the completion of the sale, the chief executive officer now owns 2,002,507 shares of the company's stock, valued at approximately $151,649,855.11. The trade was a 49.97% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,178,500 shares of company stock valued at $241,903,805. 1.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on APH. Bank of America increased their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a report on Thursday, April 24th. JPMorgan Chase & Co. raised their price target on Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Robert W. Baird lifted their target price on Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Finally, Truist Financial upped their price objective on Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Amphenol currently has a consensus rating of "Moderate Buy" and a consensus price target of $81.62.

Amphenol Stock Performance

NYSE APH traded down $0.15 on Wednesday, hitting $85.63. 2,706,499 shares of the company's stock traded hands, compared to its average volume of 7,513,388. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 1-year low of $54.77 and a 1-year high of $86.80. The firm's 50-day moving average price is $68.97 and its two-hundred day moving average price is $70.05. The firm has a market capitalization of $103.58 billion, a PE ratio of 44.72, a P/E/G ratio of 1.92 and a beta of 1.10.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The firm had revenue of $4.81 billion for 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%. The firm's revenue was up 47.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.40 earnings per share. As a group, analysts expect that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 17th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Tuesday, June 17th. Amphenol's dividend payout ratio (DPR) is currently 32.04%.

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.