Amphenol Co. (NYSE:APH) Shares Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC raised its holdings in shares of Amphenol Co. (NYSE:APH) by 7.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,878 shares of the electronics maker’s stock after buying an additional 541 shares during the period. Simon Quick Advisors LLC’s holdings in Amphenol were worth $547,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of APH. Trifecta Capital Advisors LLC lifted its holdings in shares of Amphenol by 352.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after acquiring an additional 338 shares in the last quarter. Core Alternative Capital raised its position in Amphenol by 100.0% in the second quarter. Core Alternative Capital now owns 462 shares of the electronics maker’s stock valued at $31,000 after purchasing an additional 231 shares during the period. Brown Brothers Harriman & Co. lifted its stake in shares of Amphenol by 50.0% during the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after purchasing an additional 166 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of Amphenol by 89.3% in the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after buying an additional 234 shares during the period. Finally, Sunbelt Securities Inc. grew its stake in shares of Amphenol by 100.3% in the second quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker’s stock valued at $44,000 after buying an additional 324 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on APH shares. Bank of America boosted their price target on Amphenol from $70.00 to $74.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Truist Financial raised their price target on shares of Amphenol from $76.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Evercore ISI boosted their price objective on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Citigroup lifted their target price on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Finally, TD Cowen increased their price target on Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a report on Friday, October 25th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $69.79.

Amphenol Stock Performance

Shares of APH opened at $77.84 on Thursday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.99 and a quick ratio of 1.33. Amphenol Co. has a 12-month low of $48.52 and a 12-month high of $78.25. The business’s fifty day moving average price is $71.75 and its 200 day moving average price is $67.79. The stock has a market capitalization of $93.84 billion, a PE ratio of 44.73, a price-to-earnings-growth ratio of 1.89 and a beta of 1.24.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. The company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4,051,810 billion. Amphenol had a return on equity of 24.68% and a net margin of 15.40%. The business’s revenue was up 29.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.82 earnings per share. Equities research analysts forecast that Amphenol Co. will post 1.84 EPS for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.165 per share. The ex-dividend date was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.85%. Amphenol’s dividend payout ratio (DPR) is presently 37.93%.

Insider Buying and Selling at Amphenol

In related news, CEO Richard Adam Norwitt sold 900,672 shares of Amphenol stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.81, for a total transaction of $61,975,240.32. Following the transaction, the chief executive officer now directly owns 1,934,848 shares of the company’s stock, valued at $133,136,890.88. The trade was a 31.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David M. Silverman sold 180,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total transaction of $12,391,200.00. Following the completion of the sale, the vice president now owns 14,000 shares in the company, valued at $963,760. The trade was a 92.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,842,672 shares of company stock valued at $128,858,080 in the last quarter. Corporate insiders own 1.80% of the company’s stock.

About Amphenol

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.