Amphenol Co. (NYSE:APH) Shares Acquired by Values First Advisors Inc.

Values First Advisors Inc. increased its stake in Amphenol Co. (NYSE:APH) by 1.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 23,991 shares of the electronics maker’s stock after purchasing an additional 440 shares during the quarter. Amphenol comprises about 1.4% of Values First Advisors Inc.’s holdings, making the stock its 13th largest position. Values First Advisors Inc.’s holdings in Amphenol were worth $2,378,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of APH. Peoples Bank KS acquired a new stake in Amphenol during the 3rd quarter valued at approximately $27,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Amphenol during the 3rd quarter valued at approximately $34,000. Sunbelt Securities Inc. acquired a new stake in Amphenol during the 1st quarter valued at approximately $33,000. Altshuler Shaham Ltd acquired a new stake in Amphenol during the 4th quarter valued at approximately $33,000. Finally, First Financial Corp IN acquired a new stake in Amphenol during the 4th quarter valued at approximately $49,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Performance

Shares of NYSE APH traded up $0.05 during mid-day trading on Friday, hitting $115.35. The company had a trading volume of 4,356,012 shares, compared to its average volume of 2,746,816. The stock has a market cap of $69.19 billion, a price-to-earnings ratio of 37.10, a PEG ratio of 3.29 and a beta of 1.30. Amphenol Co. has a 12 month low of $72.00 and a 12 month high of $119.59. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.17 and a quick ratio of 1.48. The firm’s 50 day simple moving average is $106.57 and its two-hundred day simple moving average is $95.13.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.05. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. The business’s revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $0.78 EPS. As a group, equities research analysts forecast that Amphenol Co. will post 3.28 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.76%. The ex-dividend date is Monday, March 18th. Amphenol’s payout ratio is currently 28.30%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on APH. Evercore ISI raised their price objective on Amphenol from $110.00 to $125.00 and gave the company an “outperform” rating in a research note on Monday. Truist Financial increased their target price on Amphenol from $97.00 to $109.00 and gave the stock a “buy” rating in a report on Friday, December 15th. Robert W. Baird increased their target price on Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a report on Thursday, January 25th. The Goldman Sachs Group increased their target price on Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a report on Thursday, January 25th. Finally, Stifel Nicolaus increased their target price on Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a report on Thursday, January 25th. Three analysts have rated the stock with a hold rating and seven have issued a 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 $104.40.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total transaction of $17,595,000.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider William J. Doherty sold 170,000 shares of Amphenol stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total transaction of $17,595,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 100,000 shares of Amphenol stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $104.67, for a total value of $10,467,000.00. Following the transaction, the chief financial officer now owns 147,045 shares in the company, valued at $15,391,200.15. The disclosure for this sale can be found here. Insiders have sold 305,000 shares of company stock valued at $31,846,050 in the last quarter. Corporate insiders own 2.22% 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.