Amphenol Co. (NYSE:APH) Shares Purchased by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC increased its position in shares of Amphenol Co. (NYSE:APH) by 87.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,094 shares of the electronics maker’s stock after buying an additional 4,721 shares during the quarter. Revolve Wealth Partners LLC’s holdings in Amphenol were worth $701,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Trifecta Capital Advisors LLC boosted its holdings in Amphenol by 352.1% in the third 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 grew its position in Amphenol by 100.0% during the 2nd quarter. Core Alternative Capital now owns 462 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 231 shares during the last quarter. Continuum Advisory LLC boosted its stake in shares of Amphenol by 89.3% during 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. Brown Brothers Harriman & Co. raised its stake in Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Amphenol by 100.3% during the second quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker’s stock worth $44,000 after purchasing an additional 324 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently commented on APH. The Goldman Sachs Group raised their target price on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Truist Financial increased their price target on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. TD Cowen boosted their price objective on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Citigroup increased their target price 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, JPMorgan Chase & Co. boosted their price target on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Amphenol has an average rating of “Moderate Buy” and an average price target of $80.68.

Insiders Place Their Bets

In other Amphenol news, insider Peter Straub sold 132,000 shares of Amphenol stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $74.12, for a total value of $9,783,840.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Craig A. Lampo sold 300,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $71.56, for a total transaction of $21,468,000.00. Following the transaction, the chief financial officer now directly owns 318,116 shares of the company’s stock, valued at approximately $22,764,380.96. This represents a 48.53 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 612,000 shares of company stock valued at $44,177,640. Company insiders own 1.80% of the company’s stock.

Amphenol Stock Performance

Amphenol stock opened at $67.49 on Tuesday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.33 and a current ratio of 2.37. Amphenol Co. has a fifty-two week low of $49.97 and a fifty-two week high of $79.39. The stock has a fifty day moving average of $72.12 and a two-hundred day moving average of $67.98. The company has a market capitalization of $81.36 billion, a price-to-earnings ratio of 35.24, a PEG ratio of 2.12 and a beta of 1.24.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates 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 25.67% and a net margin of 15.92%. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.82 EPS. On average, analysts anticipate that Amphenol Co. will post 2.17 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company 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. The ex-dividend date was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.98%. Amphenol’s dividend payout ratio (DPR) is currently 34.46%.

Amphenol Company 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.