Zurcher Kantonalbank Zurich Cantonalbank Has $11.80 Million Holdings in Amphenol Co. (NYSE:APH)

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Amphenol Co. (NYSE:APH) by 19.6% during the 4th quarter, Holdings Channel reports. The firm owned 118,992 shares of the electronics maker’s stock after buying an additional 19,489 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Amphenol were worth $11,796,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. FMR LLC grew its holdings in Amphenol by 1.3% during the 3rd quarter. FMR LLC now owns 55,500,422 shares of the electronics maker’s stock worth $4,661,480,000 after acquiring an additional 691,964 shares during the last quarter. State Street Corp boosted its stake in shares of Amphenol by 2.4% in the 1st quarter. State Street Corp now owns 24,794,281 shares of the electronics maker’s stock valued at $2,031,342,000 after purchasing an additional 582,081 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Amphenol by 4.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 15,279,911 shares of the electronics maker’s stock valued at $1,283,360,000 after purchasing an additional 653,354 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its stake in shares of Amphenol by 95,441.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 13,868,807 shares of the electronics maker’s stock valued at $1,055,971,000 after purchasing an additional 13,854,291 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Amphenol by 4.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 13,145,093 shares of the electronics maker’s stock valued at $1,104,056,000 after acquiring an additional 564,110 shares during the period. Institutional investors own 97.01% of the company’s stock.

Insider Activity 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 stock was sold at an average price of $110.64, for a total transaction of $2,212,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Amphenol news, insider Peter Straub sold 20,000 shares of the business’s 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lance E. D’amico sold 15,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $104.75, for a total value of $1,571,250.00. Following the transaction, the vice president now directly owns 25,700 shares of the company’s stock, valued at approximately $2,692,075. 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 quarter. 2.22% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on APH shares. UBS Group raised their target price on shares of Amphenol from $118.00 to $135.00 and gave the stock a “buy” rating in a report on Tuesday. Evercore ISI raised their target price on shares of Amphenol from $110.00 to $125.00 and gave the stock an “outperform” rating in a report on Monday, March 25th. Stifel Nicolaus raised their target price on shares of Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a report on Thursday, January 25th. Robert W. Baird raised their target price on shares of Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a report on Thursday, January 25th. Finally, Citigroup raised their target price on shares of Amphenol from $117.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $113.75.

Amphenol Stock Down 0.6 %

APH stock opened at $110.21 on Friday. The company has a market cap of $66.30 billion, a PE ratio of 35.44, a price-to-earnings-growth ratio of 3.18 and a beta of 1.30. The business has a 50-day simple moving average of $110.87 and a 200 day simple moving average of $98.54. Amphenol Co. has a 52 week low of $72.00 and a 52 week high of $119.59. 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) last posted its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.16 billion. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. Amphenol’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.78 earnings per share. Sell-side analysts anticipate that Amphenol Co. will post 3.28 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date was Monday, March 18th. Amphenol’s dividend payout ratio (DPR) is presently 28.30%.

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.