Endeavor Private Wealth Inc. Makes New $49,000 Investment in Amphenol Co. (NYSE:APH)

Endeavor Private Wealth Inc. purchased a new position in shares of Amphenol Co. (NYSE:APH) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 700 shares of the electronics maker’s stock, valued at approximately $49,000.

A number of other large investors have also modified their holdings of the business. Trifecta Capital Advisors LLC increased its stake in Amphenol by 352.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 338 shares in the last quarter. Core Alternative Capital raised its position in shares of 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 buying an additional 231 shares during the last quarter. Continuum Advisory LLC lifted its stake in shares of Amphenol by 89.3% during the 3rd 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. grew its holdings in Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after buying an additional 166 shares during the period. Finally, Sunbelt Securities Inc. grew its holdings in 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 purchasing an additional 324 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, VP David M. Silverman sold 180,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The shares were 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 of the company’s stock, valued at $963,760. This trade represents a 92.78 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Peter Straub sold 132,000 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $74.12, for a total transaction of $9,783,840.00. The disclosure for this sale can be found here. Insiders have sold a total of 1,842,672 shares of company stock valued at $128,858,080 over the last ninety days. 1.80% of the stock is owned by company insiders.

Amphenol Trading Up 7.0 %

APH opened at $77.84 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.99 and a debt-to-equity ratio of 0.53. Amphenol Co. has a twelve month low of $48.52 and a twelve month high of $78.25. The stock has a market capitalization of $93.84 billion, a price-to-earnings ratio of 44.73, a P/E/G ratio of 1.98 and a beta of 1.24. The company has a 50-day simple moving average of $71.86 and a 200 day simple moving average of $67.86.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4,051,810 billion. Amphenol had a return on equity of 24.68% and a net margin of 15.40%. The company’s quarterly revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.82 earnings per share. Analysts predict that Amphenol Co. will post 1.84 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol’s dividend payout ratio is currently 37.93%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on APH. Bank of America increased their target price on Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. lifted their price target on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday. TD Cowen increased their price objective on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Citigroup boosted their price target on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, Truist Financial boosted their price target on Amphenol from $76.00 to $82.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $72.88.

Amphenol Profile

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.