UniSuper Management Pty Ltd Has $15.97 Million Holdings in Amphenol Co. (NYSE:APH)

UniSuper Management Pty Ltd trimmed its stake in Amphenol Co. (NYSE:APH) by 17.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 229,913 shares of the electronics maker’s stock after selling 48,024 shares during the period. UniSuper Management Pty Ltd’s holdings in Amphenol were worth $15,967,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Independent Advisor Alliance boosted its holdings in shares of Amphenol by 106.0% during the 3rd quarter. Independent Advisor Alliance now owns 8,224 shares of the electronics maker’s stock worth $536,000 after buying an additional 4,232 shares during the period. Brown Brothers Harriman & Co. lifted its position in Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 166 shares during the last quarter. Avestar Capital LLC boosted its holdings in Amphenol by 6.9% during the third quarter. Avestar Capital LLC now owns 6,153 shares of the electronics maker’s stock valued at $401,000 after acquiring an additional 399 shares during the period. Townsquare Capital LLC grew its position in shares of Amphenol by 14.9% in the third quarter. Townsquare Capital LLC now owns 96,910 shares of the electronics maker’s stock valued at $6,315,000 after purchasing an additional 12,534 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Amphenol by 29,759.2% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 149,893 shares of the electronics maker’s stock worth $9,767,000 after purchasing an additional 149,391 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Robert W. Baird lifted their price target on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Truist Financial raised their price target on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Citigroup increased their target price on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. The Goldman Sachs Group lifted their price objective on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Stock Performance

APH stock opened at $68.27 on Friday. The company has a 50 day moving average price of $67.92 and a 200 day moving average price of $68.68. Amphenol Co. has a fifty-two week low of $54.72 and a fifty-two week high of $79.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The stock has a market capitalization of $82.73 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.82 earnings per share. Analysts forecast that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio (DPR) is 34.55%.

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.