How Drexel Hamilton Currently Rates Amphenol (NYSE:APH)
Drexel Hamilton revealed to investors in an interesting research note that it began issuing coverage on Amphenol (NYSE:APH) stock, with “Hold” rating.
From a total of 10 analysts covering Amphenol (NYSE:APH) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is $62 while the lowest target price is $54. The mean of all analyst targets is $58.8 with a 13.81% above today’s ($52.43) stock price. Amphenol was the topic of 5 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs upgraded shares on November 16 to “Buy” rating. Zacks upgraded APH stock in a recent report from September 1 to “Hold” rating.
The stock decreased 0.76% or $0.4 during the last trading session, striking $52.43. Approximately 1.54M shares of stock traded hands or 48.08% up from the average. Amphenol Corporation (NYSE:APH) has declined 6.94% since May 12, 2015 and is downtrending. It has underperformed by 3.26% the S&P500.
The overall sentiment of institutions has increased to 1.16 in Q2 2015. Its up 0.26, from 0.9 in 2015Q2. The ratio is positive, as 36 institutions have sold all the shares of Amphenol Corporation that they owned while 156 funds have taken shares off the table. 38 funds have purchased shares for the first time while 185 added to their positions. These institutions now hold 315.16 million shares or 4.80% more than the 300.72 million shares they owned in 2015Q2.
The Fund Mountain Pacific Investment Advisers Inc Id currently is holding shares equating to 3.47% of its total portfolio in Amphenol Corporation representing a total of 549,362 shares. Another fund,North Point Portfolio Managers Corp Oh, is holding a total of 332,522 shares equating to 3.38% of their holdings. Additionally, Spf Beheer Bv has a 1.27 million share stake in Amphenol Corporation which represents 3.35% of their total portfolio. The Fund, Jacobson & Schmitt Advisors Llc, based out of Wisconsin, has also built up a stake in the stock, which represents a total of 3.13% of their total portfolio. Finally Macguire Cheswick & Tuttle Investment Counsel Llc, a fund which is based in the state of Connecticut reported a total holdings of 241,830 shares.
Insider activity is a very important aspect to track on any stock. Going back to May 4, 2015, shareholders of Amphenol Corporation have witnessed 0 buys, and a total of 1 sale equating to a net activity of approximately $2.45 million . Gillard Patrick sold 31,000 shares worth approximately $2.45 million. Carroccia Frank sold 22,180 shares worth approximately $1.26 million. Norwitt Richard Adam sold 166,000 shares worth approximately $9.32 million.
Amphenol Corporation is a designer, maker and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The company has a market cap of $16.28 billion. The Firm operates through two divisions: Interconnect Products and Assemblies, and Cable Products and Solutions. It has 21.96 P/E ratio. The Interconnect Products and Assemblies segment primarily designs, manufacturers and markets a range of connector and connector systems, value-add products and other products, including antennas and sensors, used in a range of applications in a diverse set of end markets.
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.”