Amphenol Corporation (APH) Shares Bought by Janus Henderson Group PLC
Janus Henderson Group PLC raised its stake in Amphenol Corporation (NYSE:APH) by 1,662.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,597,526 shares of the electronics maker’s stock after acquiring an additional 9,996,239 shares during the quarter. Amphenol Corporation makes up 0.5% of Janus Henderson Group PLC’s holdings, making the stock its 25th biggest position. Janus Henderson Group PLC owned approximately 3.47% of Amphenol Corporation worth $782,311,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Birch Hill Investment Advisors LLC bought a new stake in shares of Amphenol Corporation in the first quarter valued at approximately $105,000. Dupont Capital Management Corp purchased a new position in Amphenol Corporation in the 2nd quarter valued at approximately $109,000. People s United Financial Inc. grew its stake in Amphenol Corporation by 6.8% in the 2nd quarter. People s United Financial Inc. now owns 1,495 shares of the electronics maker’s stock valued at $110,000 after buying an additional 95 shares in the last quarter. Israel Discount Bank of New York purchased a new position in Amphenol Corporation in the 1st quarter valued at approximately $121,000. Finally, Parallel Advisors LLC grew its stake in Amphenol Corporation by 28.9% in the 2nd quarter. Parallel Advisors LLC now owns 1,746 shares of the electronics maker’s stock valued at $134,000 after buying an additional 391 shares in the last quarter. Hedge funds and other institutional investors own 96.88% of the company’s stock.
Amphenol Corporation (NYSE:APH) traded up 0.606% during mid-day trading on Wednesday, hitting $85.515. 467,157 shares of the stock were exchanged. Amphenol Corporation has a 52 week low of $62.64 and a 52 week high of $85.70. The stock has a market capitalization of $26.12 billion, a PE ratio of 28.793 and a beta of 0.79. The company has a 50-day moving average of $81.27 and a 200-day moving average of $75.59.
Amphenol Corporation (NYSE:APH) last announced its quarterly earnings results on Wednesday, July 26th. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.72 by $0.09. Amphenol Corporation had a net margin of 14.37% and a return on equity of 24.98%. The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the previous year, the company earned $0.65 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, equities analysts predict that Amphenol Corporation will post $3.09 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Monday, September 18th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.89%. This is a boost from Amphenol Corporation’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend is Friday, September 15th. Amphenol Corporation’s payout ratio is 25.59%.
A number of equities analysts have recently commented on APH shares. Zacks Investment Research upgraded Amphenol Corporation from a “hold” rating to a “buy” rating and set a $92.00 price target for the company in a research report on Thursday, September 14th. BidaskClub cut Amphenol Corporation from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 21st. Finally, Goldman Sachs Group, Inc. (The) downgraded Amphenol Corporation from a “buy” rating to a “neutral” rating and raised their target price for the stock from $75.00 to $78.00 in a research note on Wednesday, July 5th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $80.38.
In other Amphenol Corporation news, CFO Craig A. Lampo sold 15,000 shares of Amphenol Corporation stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $79.70, for a total value of $1,195,500.00. Following the sale, the chief financial officer now owns 40,000 shares of the company’s stock, valued at approximately $3,188,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard Adam Norwitt sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $77.95, for a total value of $15,590,000.00. Following the sale, the chief executive officer now directly owns 293,992 shares in the company, valued at $22,916,676.40. The disclosure for this sale can be found here. Insiders sold 433,200 shares of company stock worth $33,886,886 over the last ninety days. Insiders own 2.51% of the company’s stock.
About Amphenol Corporation
Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.
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