AlphaMark Advisors LLC Acquires 180 Shares of Amphenol Co. (NYSE:APH)

AlphaMark Advisors LLC increased its holdings in Amphenol Co. (NYSE:APHFree Report) by 0.5% during the fourth quarter, Holdings Channel reports. The firm owned 34,209 shares of the electronics maker’s stock after acquiring an additional 180 shares during the quarter. Amphenol makes up 1.0% of AlphaMark Advisors LLC’s portfolio, making the stock its 22nd biggest holding. AlphaMark Advisors LLC’s holdings in Amphenol were worth $2,376,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Fortitude Family Office LLC raised its stake in Amphenol by 13.9% in the third quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker’s stock worth $84,000 after buying an additional 158 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in shares of Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 166 shares in the last quarter. Fragasso Financial Advisors Inc lifted its stake in shares of Amphenol by 4.7% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock worth $266,000 after purchasing an additional 171 shares during the last quarter. Prestige Wealth Management Group LLC boosted its position in Amphenol by 7.4% during the third quarter. Prestige Wealth Management Group LLC now owns 2,751 shares of the electronics maker’s stock valued at $180,000 after purchasing an additional 189 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its stake in Amphenol by 4.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,505 shares of the electronics maker’s stock valued at $294,000 after purchasing an additional 199 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on APH. Bank of America increased their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday. The Goldman Sachs Group lifted their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday. Evercore ISI boosted their target price on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. TD Cowen upped their price objective on shares of Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a report on Friday, October 25th. Finally, Citigroup lifted their price target on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $80.68.

Read Our Latest Stock Analysis on Amphenol

Amphenol Stock Performance

Shares of NYSE APH opened at $77.10 on Friday. The company has a market capitalization of $92.95 billion, a PE ratio of 40.26, a price-to-earnings-growth ratio of 2.12 and a beta of 1.24. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.33 and a current ratio of 2.37. The company’s fifty day moving average price is $72.12 and its 200 day moving average price is $68.00. Amphenol Co. has a 1 year low of $49.38 and a 1 year high of $79.39.

Amphenol (NYSE:APHGet Free Report) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4,051,810 billion. During the same period in the prior year, the company posted $0.82 EPS. The company’s revenue for the quarter was up 29.8% on a year-over-year basis. On average, research analysts predict that Amphenol Co. will post 2.17 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were paid 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 34.55%.

Insider Activity

In other Amphenol news, CFO Craig A. Lampo sold 150,000 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.76, for a total value of $10,314,000.00. Following the transaction, the chief financial officer now owns 218,116 shares in the company, valued at approximately $14,997,656.16. This trade represents a 40.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Richard Adam Norwitt sold 900,672 shares of the company’s stock in a transaction on 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 sale, 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 position. 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. Corporate insiders own 1.80% of the company’s stock.

Amphenol Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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