Amphenol Co. (NYSE:APH) Holdings Lessened by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. cut its holdings in Amphenol Co. (NYSE:APH - Free Report) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 478,939 shares of the electronics maker's stock after selling 10,497 shares during the period. Amphenol accounts for approximately 2.9% of Cookson Peirce & Co. Inc.'s portfolio, making the stock its 7th biggest holding. Cookson Peirce & Co. Inc. owned 0.08% of Amphenol worth $47,477,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in APH. SVB Wealth LLC increased its stake in Amphenol by 43.6% during the fourth quarter. SVB Wealth LLC now owns 6,615 shares of the electronics maker's stock valued at $656,000 after acquiring an additional 2,010 shares during the period. Waldron Private Wealth LLC increased its stake in Amphenol by 2.3% during the fourth quarter. Waldron Private Wealth LLC now owns 10,820 shares of the electronics maker's stock valued at $1,074,000 after acquiring an additional 247 shares during the period. Vontobel Holding Ltd. increased its stake in Amphenol by 5.6% during the fourth quarter. Vontobel Holding Ltd. now owns 30,040 shares of the electronics maker's stock valued at $2,978,000 after acquiring an additional 1,588 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Amphenol by 5.5% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,506,810 shares of the electronics maker's stock valued at $248,500,000 after acquiring an additional 130,141 shares during the period. Finally, Simplicity Wealth LLC acquired a new stake in Amphenol during the fourth quarter valued at approximately $476,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Performance

Shares of APH traded up $0.19 during mid-day trading on Tuesday, hitting $112.58. 3,907,969 shares of the company's stock were exchanged, compared to its average volume of 2,741,509. Amphenol Co. has a 52 week low of $72.00 and a 52 week high of $119.59. The stock's 50-day simple moving average is $110.51 and its 200-day simple moving average is $98.17. The firm has a market cap of $67.72 billion, a price-to-earnings ratio of 36.20, a price-to-earnings-growth ratio of 3.23 and a beta of 1.30. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.47.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.77 by $0.05. The firm had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.16 billion. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The company's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $0.78 earnings per share. On average, equities research analysts expect that Amphenol Co. will post 3.28 EPS for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend was Monday, March 18th. Amphenol's dividend payout ratio (DPR) is currently 28.30%.

Wall Street Analyst Weigh In

APH has been the topic of a number of recent research reports. Robert W. Baird lifted their price objective on Amphenol from $100.00 to $106.00 and gave the company an "outperform" rating in a report on Thursday, January 25th. JPMorgan Chase & Co. boosted their target price on Amphenol from $118.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, April 11th. UBS Group boosted their target price on Amphenol from $118.00 to $135.00 and gave the stock a "buy" rating in a report on Tuesday. Jefferies Financial Group began coverage on Amphenol in a report on Tuesday, April 9th. They issued a "hold" rating and a $125.00 target price on the stock. Finally, Stifel Nicolaus boosted their target price on Amphenol from $88.00 to $95.00 and gave the stock a "hold" rating in a report on Thursday, January 25th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $112.00.

Insider Transactions at Amphenol

In other Amphenol news, insider Peter Straub sold 20,000 shares of the business's stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $110.64, for a total value of $2,212,800.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider William J. Doherty sold 170,000 shares of the business's stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $103.50, for a total transaction of $17,595,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Peter Straub sold 20,000 shares of Amphenol stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total transaction of $2,212,800.00. The disclosure for this sale can be found here. Insiders sold a total of 305,000 shares of company stock valued at $31,846,050 over the last three months. Corporate insiders own 2.22% of the company's stock.

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.