Amphenol Co. (NYSE:APH) Receives $81.62 Consensus Target Price from Analysts

Amphenol Co. (NYSE:APH - Get Free Report) has been given a consensus rating of "Moderate Buy" by the thirteen research firms that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $81.62.

A number of equities analysts have recently commented on the company. Fox Advisors upgraded Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price objective on the stock in a research note on Thursday, April 24th. TD Securities lifted their price target on Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research report on Thursday, May 1st. UBS Group reissued a "buy" rating and issued a $85.00 price objective (up from $78.00) on shares of Amphenol in a research report on Thursday, April 24th. The Goldman Sachs Group boosted their target price on shares of Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, April 24th. Finally, JPMorgan Chase & Co. increased their price target on shares of Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a report on Thursday, April 24th.

Insider Buying and Selling at Amphenol

In other news, CFO Craig A. Lampo sold 400,000 shares of the business's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $75.93, for a total value of $30,372,000.00. Following the sale, the chief financial officer now owns 100,000 shares in the company, valued at approximately $7,593,000. The trade was a 80.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lance E. D'amico sold 175,000 shares of the stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the sale, the vice president now owns 51,400 shares of the company's stock, valued at $3,920,792. This trade represents a 77.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,178,500 shares of company stock worth $241,903,805 over the last three months. Company insiders own 1.67% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Independent Advisor Alliance grew its stake in shares of Amphenol by 1.7% during the 1st quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock worth $471,000 after acquiring an additional 122 shares in the last quarter. Forum Financial Management LP lifted its position in shares of Amphenol by 1.9% in the first quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock worth $438,000 after purchasing an additional 126 shares in the last quarter. Ironwood Investment Counsel LLC boosted its holdings in Amphenol by 2.9% during the first quarter. Ironwood Investment Counsel LLC now owns 4,676 shares of the electronics maker's stock worth $307,000 after purchasing an additional 132 shares during the last quarter. Princeton Global Asset Management LLC increased its stake in Amphenol by 0.6% in the 4th quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker's stock valued at $1,634,000 after buying an additional 136 shares during the last quarter. Finally, FourThought Financial Partners LLC lifted its position in Amphenol by 4.1% during the 1st quarter. FourThought Financial Partners LLC now owns 3,525 shares of the electronics maker's stock worth $231,000 after buying an additional 139 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Performance

Shares of APH stock traded up $0.38 during trading on Monday, reaching $85.64. The company had a trading volume of 4,476,000 shares, compared to its average volume of 7,496,367. The firm's 50 day simple moving average is $72.69 and its two-hundred day simple moving average is $71.00. Amphenol has a one year low of $54.77 and a one year high of $87.22. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The company has a market capitalization of $103.59 billion, a PE ratio of 44.72, a PEG ratio of 1.92 and a beta of 1.10.

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

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, June 17th. This represents a $0.66 annualized dividend and a dividend yield of 0.77%. Amphenol's dividend payout ratio (DPR) is presently 32.04%.

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.