Federated Hermes Sells 246 Shares of Amphenol Corporation
January 4, 2023
Trending News ☀️
Amphenol Corporation ($NYSE:APH) is a leading American manufacturer of electrical, electronic and fiber optic connectors, cable and interconnect systems. Amphenol stock is traded on the New York Stock Exchange under the symbol APH. Recently, Federated Hermes Inc., one of the world’s largest independent financial services companies, has sold 246 shares of Amphenol Corporation. It is reported that the sale of shares was part of a diversification strategy by Federated Hermes. The sale of 246 shares is relatively small in comparison to Federated Hermes’ total holdings in Amphenol.
However, it does signify a certain degree of caution from the company. This could be a sign that the investment banking firm is concerned about the current market conditions and is taking steps to reduce its exposure to Amphenol’s stock. Nonetheless, it does suggest that the investment banking firm is taking a more cautious approach to its investments in the company. This could be a sign that Federated Hermes is expecting more volatility in the markets in the near future and is taking steps to protect its portfolio.
Share Price
The news sentiment around the sale was mostly positive. Amphenol Corporation stock opened at $76.7 and closed at $76.4, up by 0.3% from its previous closing price of 76.1. The company specializes in designing, manufacturing, and marketing electrical, electronic, and fiber optic connectors, interconnect systems, and coaxial and specialty cable. Amphenol also provides services for connector-related products for various industries, including automotive, broadband communications, industrial, information technology and data communications, mobile devices, aerospace and defense, and medical.
The company’s stock has been performing well year-to-date and its financials remain strong. Amphenol Corporation is well-positioned to continue to grow in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amphenol Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 12.41k | 1.86k | 15.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amphenol Corporation. More…
| Operations | Investing | Financing |
| 1.94k | -723.3 | -1.29k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amphenol Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.1k | 8.45k | 10.86 |
Key Ratios Snapshot
Some of the financial key ratios for Amphenol Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.4% | 14.7% | 20.3% |
| FCF Margin | ROE | ROA |
| 12.6% | 24.2% | 10.4% |
VI Analysis
AMPHENOL CORPORATION is a medium risk investment according to the VI Risk Rating. It is a simple way to analyze the company’s fundamentals and long term potential. The rating takes into account both financial and business aspects. VI App has detected 1 risk warning in the non financial aspect. It is important to take this into consideration when assessing the company’s investment potential. Registering on vi.app allows users to access more information about the risks associated with investing in AMPHENOL CORPORATION. Investing in a company involves looking at many different factors. Not only are financial aspects important, but also assessing the company’s business strategy, competitive environment, and long-term potential are all essential components. The VI Risk Rating simplifies this process by providing an overall risk assessment of AMPHENOL CORPORATION. It is important to remember that the VI Risk Rating is not an exact science and should not be taken as a guarantee of success. It is simply a tool to help investors assess the long-term potential of the company. The information provided by the VI App will help investors make informed decisions about their investments in AMPHENOL CORPORATION. More…
VI Peers
Amphenol Corp is a leading manufacturer of electronic and fiber optic connectors, cables and interconnect systems. The company has a strong competitive position against its competitors CviLux Corp, Harada Industry Co Ltd, and Hirose Electric Co Ltd.
– CviLux Corp ($TWSE:8103)
CviLux Corp is a technology company that designs, manufactures, and sells electronic products. The company has a market cap of 2.34B as of 2022 and a return on equity of 12.83%. CviLux Corp’s products include electronic components, semiconductors, and integrated circuits. The company was founded in 2003 and is headquartered in Taipei, Taiwan.
– Harada Industry Co Ltd ($TSE:6904)
Harada Industry Co Ltd is a Japanese company that manufactures and sells automotive parts and components. The company has a market cap of 17.05 billion as of 2022 and a return on equity of -5.2%. Harada Industry Co Ltd is a publicly traded company listed on the Tokyo Stock Exchange.
– Hirose Electric Co Ltd ($TSE:6806)
Hirose Electric Co Ltd has a market cap of 687.03B as of 2022, a Return on Equity of 8.91%. The company designs, manufactures and sells electronic and electrical components and products, including connectors, cables, modules and boards. It also provides engineering services. The company operates in Japan, North America, Europe and Asia.
Summary
Amphenol Corporation has recently been in focus due to Federated Hermes Inc.’s sale of 246 shares. The investment analysis of the company has been mostly positive, with a strong balance sheet, growing revenue, and robust cash flow. The company is one of the leading providers of interconnect products, and its products are used in a wide range of industries, including automotive, military, aerospace, and industrial. Amphenol has an extensive global presence, with production facilities in both the US and China.
It has strong relationships with its customers and a strong track record of delivering quality products to them. Amphenol’s stock price has been performing well in recent months, and it looks like the company is well positioned to continue to perform well into the future.
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