Amphenol Co. (NYSE:APH) Holdings Decreased by AdvisorShares Investments LLC

AdvisorShares Investments LLC lowered its stake in shares of Amphenol Co. (NYSE:APH - Free Report) by 15.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,108 shares of the electronics maker's stock after selling 18,832 shares during the period. Amphenol comprises 1.3% of AdvisorShares Investments LLC's portfolio, making the stock its 27th largest holding. AdvisorShares Investments LLC's holdings in Amphenol were worth $6,953,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tacita Capital Inc grew its position in shares of Amphenol by 328.9% in the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 296 shares during the last quarter. Sierra Ocean LLC purchased a new stake in Amphenol in the 4th quarter valued at approximately $28,000. Rialto Wealth Management LLC purchased a new position in Amphenol during the fourth quarter worth $28,000. Rakuten Securities Inc. lifted its position in shares of Amphenol by 703.8% in the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after acquiring an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management acquired a new stake in shares of Amphenol during the fourth quarter valued at $32,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Lance E. D'amico sold 175,000 shares of the business's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the completion of the transaction, the vice president now owns 51,400 shares of the company's stock, valued at approximately $3,920,792. The trade was a 77.30 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Luc Walter sold 390,000 shares of the stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $75.91, for a total transaction of $29,604,900.00. Following the completion of the sale, the insider now directly owns 447,790 shares in the company, valued at approximately $33,991,738.90. This trade represents a 46.55 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 2,965,000 shares of company stock valued at $224,785,900. Company insiders own 1.67% of the company's stock.

Amphenol Stock Up 2.7 %

APH stock traded up $2.13 during mid-day trading on Friday, hitting $80.76. 7,706,737 shares of the company were exchanged, compared to its average volume of 7,471,520. The company has a market capitalization of $97.69 billion, a PE ratio of 42.17, a price-to-earnings-growth ratio of 1.92 and a beta of 1.10. The firm has a fifty day simple moving average of $66.53 and a 200 day simple moving average of $69.39. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. Amphenol Co. has a twelve month low of $54.77 and a twelve month high of $81.00.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The company had revenue of $4.81 billion for the quarter, compared to the consensus estimate of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. Amphenol's quarterly revenue was up 47.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.40 EPS. On average, research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 17th will be given a $0.165 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.82%. Amphenol's payout ratio is currently 32.04%.

Analyst Upgrades and Downgrades

APH has been the topic of a number of recent research reports. Bank of America upped their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, January 23rd. Robert W. Baird lifted their target price on Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. UBS Group reissued a "buy" rating and issued a $85.00 price objective (up previously from $78.00) on shares of Amphenol in a research report on Thursday, April 24th. Truist Financial boosted their price target on Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Finally, The Goldman Sachs Group increased their price objective on shares of Amphenol from $72.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $81.62.

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.