Amphenol Co. (NYSE:APH) Shares Acquired by Hanseatic Management Services Inc.

Hanseatic Management Services Inc. raised its position in shares of Amphenol Co. (NYSE:APH) by 3.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,155 shares of the electronics maker’s stock after acquiring an additional 424 shares during the quarter. Hanseatic Management Services Inc.’s holdings in Amphenol were worth $857,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in APH. Norden Group LLC raised its holdings in shares of Amphenol by 69.4% during the first quarter. Norden Group LLC now owns 3,562 shares of the electronics maker’s stock valued at $411,000 after acquiring an additional 1,459 shares during the last quarter. Nordea Investment Management AB increased its holdings in shares of Amphenol by 1.1% in the first quarter. Nordea Investment Management AB now owns 42,758 shares of the electronics maker’s stock valued at $4,954,000 after purchasing an additional 484 shares during the last quarter. Texas Permanent School Fund Corp increased its holdings in shares of Amphenol by 0.4% in the first quarter. Texas Permanent School Fund Corp now owns 124,005 shares of the electronics maker’s stock valued at $14,304,000 after purchasing an additional 463 shares during the last quarter. Advisory Alpha LLC acquired a new stake in shares of Amphenol in the first quarter valued at approximately $367,000. Finally, Empirical Finance LLC increased its holdings in shares of Amphenol by 3.5% in the first quarter. Empirical Finance LLC now owns 21,473 shares of the electronics maker’s stock valued at $2,477,000 after purchasing an additional 722 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Trading Up 3.5 %

NYSE:APH opened at $72.17 on Thursday. The firm has a market cap of $87.01 billion, a PE ratio of 41.48, a price-to-earnings-growth ratio of 2.25 and a beta of 1.23. The stock has a fifty day moving average price of $65.44 and a 200 day moving average price of $65.34. Amphenol Co. has a 12-month low of $41.96 and a 12-month high of $72.36. The company has a current ratio of 1.99, a quick ratio of 1.33 and a debt-to-equity ratio of 0.53.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $4.04 billion during the quarter, compared to analyst estimates of $3.81 billion. Amphenol had a return on equity of 24.68% and a net margin of 15.40%. Amphenol’s revenue was up 26.3% compared to the same quarter last year. During the same period last year, the business posted $0.39 earnings per share. Sell-side analysts anticipate that Amphenol Co. will post 1.84 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date is Tuesday, December 17th. Amphenol’s dividend payout ratio is presently 37.93%.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider William J. Doherty sold 300,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $65.83, for a total value of $19,749,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider William J. Doherty sold 300,000 shares of Amphenol stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $65.83, for a total transaction of $19,749,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP David M. Silverman sold 180,000 shares of Amphenol stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total value of $12,391,200.00. Following the sale, the vice president now owns 14,000 shares in the company, valued at $963,760. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,630,672 shares of company stock worth $110,992,440 over the last ninety days. Corporate insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

APH has been the subject of several recent research reports. Bank of America increased their price target on Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Evercore ISI raised their target price on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. TD Cowen raised their target price on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. UBS Group raised their target price on Amphenol from $69.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Finally, Robert W. Baird raised their target price on Amphenol from $71.00 to $77.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $69.63.

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.