November 28, 2016 - By Hazel Jackson · 0 Comments
Amphenol Corp (NYSE:APH) institutional sentiment decreased to 1 in Q2 2016. Its down -0.07, from 1.07 in 2016Q1. The ratio worsened, as 207 investment managers increased or started new equity positions, while 194 cut down and sold their equity positions in Amphenol Corp. The investment managers in our partner’s database now own: 296.53 million shares, down from 300.68 million shares in 2016Q1. Also, the number of investment managers holding Amphenol Corp in their top 10 equity positions decreased from 8 to 6 for a decrease of 2. Sold All: 28 Reduced: 166 Increased: 164 New Position: 43.
Amphenol Corporation is a designer, maker and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor products, and coaxial and specialty cable. The company has a market cap of $21.37 billion. The Firm operates through two divisions: Interconnect Products and Assemblies, and Cable Products and Solutions. It has a 27.48 P/E ratio. The Interconnect Product and Assemblies segment primarily is engaged in designing, manufacturing and marketing a range of connector and connector systems, value-add products and other products, including antennas and sensors, used in a range of applications in various end markets.
About 30,530 shares traded hands. Amphenol Corporation (NYSE:APH) has risen 21.00% since April 25, 2016 and is uptrending. It has outperformed by 14.99% the S&P500.
Analysts await Amphenol Corporation (NYSE:APH) to report earnings on January, 18. They expect $0.72 earnings per share, up 14.29% or $0.09 from last year’s $0.63 per share. APH’s profit will be $224.13M for 23.84 P/E if the $0.72 EPS becomes a reality. After $0.73 actual earnings per share reported by Amphenol Corporation for the previous quarter, Wall Street now forecasts -1.37% negative EPS growth.
According to Zacks Investment Research, “Amphenol Corporation is one of the world’s largest designers, manufacturers and marketers of electrical, electronic and fiber optic connectors, interconnect systems and coaxial and flat-ribbon cable. The primary end markets for the company’s products are communication systems for the converging technologies of voice, video and data communications, commercial and military aerospace electronics applications, and industrial factory automation equipment and automotive and mass transportation applications.”
Westport Advisers Llc holds 3.86% of its portfolio in Amphenol Corporation for 365,000 shares. Mountain Pacific Investment Advisers Inc Id owns 538,782 shares or 3.55% of their US portfolio. Moreover, North Point Portfolio Managers Corp Oh has 3.45% invested in the company for 305,444 shares. The Connecticut-based Gillespie Robinson & Grimm Inc has invested 3.42% in the stock. Spf Beheer Bv, a Netherlands-based fund reported 1.12 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 21 selling transactions for $100.55 million net activity.
Ratings analysis reveals 50% of Amphenol’s analysts are positive. Out of 6 Wall Street analysts rating Amphenol, 3 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $52 while the high is $69. The stock’s average target of $57.50 is -16.24% below today’s ($68.65) share price. APH was included in 15 notes of analysts from July 23, 2015. The firm has “Top Pick” rating given on Friday, January 15 by RBC Capital Markets. The company was upgraded on Tuesday, September 20 by Goldman Sachs. The stock of Amphenol Corporation (NYSE:APH) has “Top Pick” rating given on Thursday, October 20 by RBC Capital Markets. The firm has “Hold” rating given on Tuesday, September 1 by Zacks. Goldman Sachs upgraded the shares of APH in a report on Monday, November 16 to “Buy” rating. As per Thursday, July 23, the company rating was maintained by RBC Capital Markets. Goldman Sachs downgraded it to “Neutral” rating and $57 target price in Monday, March 14 report. Suntrust Robinson maintained Amphenol Corporation (NYSE:APH) on Thursday, January 21 with “Neutral” rating. The stock of Amphenol Corporation (NYSE:APH) earned “Buy” rating by Zacks on Wednesday, August 26. The company was maintained on Monday, January 18 by RBC Capital Markets.
Amphenol Corporation (Amphenol), incorporated on December 19, 1986, is a designer, maker and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor products, and coaxial and specialty cable. The Firm operates through two divisions: Interconnect Products and Assemblies, and Cable Products and Solutions.
More news for Amphenol Corporation (NYSE:APH) were recently published by: Equitiesfocus.com, which released: “Amphenol Corporation (NYSE:APH) 50-day Moving Average At $65.91” on November 26, 2016. Nasdaq.com‘s article titled: “Amphenol Corp (APH) President & CEO Richard Adam Norwitt Sold $â€“9.5 million of …” and published on October 29, 2016 is yet another important article.
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By Hazel Jackson