Schonfeld Strategic Advisors LLC Raises Stock Position in Amphenol Co. (NYSE:APH)

Schonfeld Strategic Advisors LLC increased its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 90.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,161,490 shares of the electronics maker's stock after purchasing an additional 552,609 shares during the period. Amphenol accounts for 0.5% of Schonfeld Strategic Advisors LLC's portfolio, making the stock its 16th largest holding. Schonfeld Strategic Advisors LLC owned 0.10% of Amphenol worth $80,665,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. 11 Capital Partners LP boosted its position in shares of Amphenol by 40.6% during the fourth quarter. 11 Capital Partners LP now owns 205,993 shares of the electronics maker's stock worth $14,306,000 after acquiring an additional 59,462 shares during the last quarter. Lido Advisors LLC increased its holdings in shares of Amphenol by 12.8% in the fourth quarter. Lido Advisors LLC now owns 31,412 shares of the electronics maker's stock worth $2,185,000 after purchasing an additional 3,566 shares during the last quarter. Northern Trust Corp lifted its position in shares of Amphenol by 14.9% in the fourth quarter. Northern Trust Corp now owns 13,065,802 shares of the electronics maker's stock worth $907,420,000 after buying an additional 1,689,632 shares in the last quarter. Optiver Holding B.V. boosted its stake in Amphenol by 162.8% during the fourth quarter. Optiver Holding B.V. now owns 4,281 shares of the electronics maker's stock valued at $297,000 after buying an additional 2,652 shares during the last quarter. Finally, Beacon Pointe Advisors LLC increased its stake in Amphenol by 5.0% in the 4th quarter. Beacon Pointe Advisors LLC now owns 31,331 shares of the electronics maker's stock worth $2,176,000 after acquiring an additional 1,484 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Trading Up 2.7 %

APH stock traded up $2.13 during midday trading on Friday, reaching $80.76. The company's stock had a trading volume of 7,706,737 shares, compared to its average volume of 7,467,869. Amphenol Co. has a 1 year low of $54.77 and a 1 year high of $81.00. The firm has a market capitalization of $97.69 billion, a price-to-earnings ratio of 42.17, a PEG ratio of 1.92 and a beta of 1.10. The stock has a fifty day simple moving average of $66.53 and a two-hundred day simple moving average of $69.37. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37.

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

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.66 annualized dividend and a yield of 0.82%. Amphenol's dividend payout ratio (DPR) is currently 32.04%.

Analyst Ratings Changes

A number of research analysts recently weighed in on APH shares. Truist Financial raised their target price on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. TD Securities boosted their target price on shares of Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a report on Thursday. Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price target for the company in a report on Thursday, April 24th. US Capital Advisors set a $85.00 price objective on Amphenol in a research note on Thursday, April 24th. Finally, Robert W. Baird upped their price objective on Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Five 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. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $81.62.

Insiders Place Their Bets

In other Amphenol news, VP Lance E. D'amico sold 175,000 shares of the firm's stock in a transaction dated 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 transaction, the vice president now owns 51,400 shares of the company's stock, valued at approximately $3,920,792. This trade represents a 77.30 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Richard Adam Norwitt sold 2,000,000 shares of the company's stock in a transaction that occurred on Friday, April 25th. The stock was 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 directly owns 2,002,507 shares of the company's stock, valued at $151,649,855.11. The trade was a 49.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,965,000 shares of company stock worth $224,785,900 in the last ninety days. 1.67% of the stock is owned by company insiders.

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.