AlphaMark Advisors LLC Increases Holdings in Amphenol Co. (NYSE:APH)

AlphaMark Advisors LLC grew its holdings in Amphenol Co. (NYSE:APH) by 0.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 34,209 shares of the electronics maker’s stock after buying an additional 180 shares during the quarter. Amphenol makes up about 1.0% of AlphaMark Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. AlphaMark Advisors LLC’s holdings in Amphenol were worth $2,376,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Trifecta Capital Advisors LLC boosted its position in 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 boosted its position in shares of Amphenol by 100.0% during 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 in the last quarter. Continuum Advisory LLC grew its stake in 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 purchasing an additional 234 shares during the period. Brown Brothers Harriman & Co. raised its holdings in Amphenol by 50.0% in 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. Finally, Sunbelt Securities Inc. lifted its position in Amphenol by 100.3% during 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 during the period. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Performance

Shares of NYSE APH opened at $77.10 on Friday. The company has a quick ratio of 1.33, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The firm’s 50-day moving average price is $72.12 and its 200-day moving average price is $68.00. Amphenol Co. has a 52-week low of $49.38 and a 52-week high of $79.39. The company has a market cap of $92.95 billion, a PE ratio of 40.26, a PEG ratio of 2.12 and a beta of 1.24.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.05. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4,051,810 billion. During the same period in the prior year, the firm earned $0.82 EPS. The company’s revenue was up 29.8% compared to the same quarter last year. As a group, analysts anticipate that Amphenol Co. will post 2.17 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol’s payout ratio is currently 34.55%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Evercore ISI increased their price target on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. The Goldman Sachs Group lifted their target price on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday. Robert W. Baird upped their price target on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their target price on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, TD Cowen raised 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 investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average price target of $80.68.

Insider Transactions at Amphenol

In related news, CEO Richard Adam Norwitt sold 900,672 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.81, for a total value 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 approximately $133,136,890.88. This trade represents a 31.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Peter Straub sold 132,000 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $74.12, for a total value of $9,783,840.00. The disclosure for this sale can be found here. Insiders have sold 1,842,672 shares of company stock worth $128,858,080 in the last quarter. Company 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.