111 Capital Purchases New Shares in Amphenol Co. (NYSE:APH)

111 Capital purchased a new position in shares of Amphenol Co. (NYSE:APH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,273 shares of the electronics maker's stock, valued at approximately $2,102,000.

Other institutional investors have also modified their holdings of the company. Tacita Capital Inc grew its position in Amphenol by 328.9% in the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock valued at $27,000 after buying an additional 296 shares in the last quarter. Sierra Ocean LLC bought a new position in Amphenol in the 4th quarter valued at about $28,000. Rialto Wealth Management LLC acquired a new stake in Amphenol in the 4th quarter valued at about $28,000. Rakuten Securities Inc. boosted its position in shares of Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after purchasing an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management bought a new position in shares of Amphenol during the 4th quarter valued at about $32,000. Institutional investors own 97.01% of the company's stock.

Insider Transactions at Amphenol

In other news, VP Michael R. Ivas sold 40,000 shares of the firm's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $88.79, for a total value of $3,551,600.00. Following the sale, the vice president now owns 152,412 shares in the company, valued at approximately $13,532,661.48. This trade represents a 20.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 400,000 shares of Amphenol stock in a transaction on Friday, April 25th. The stock was sold at an average price of $75.93, for a total transaction of $30,372,000.00. Following the sale, the chief financial officer now owns 100,000 shares in the company, valued at $7,593,000. This represents a 80.00% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,218,500 shares of company stock worth $245,455,405. Insiders own 1.67% of the company's stock.

Amphenol Stock Up 1.0%

NYSE:APH traded up $0.85 during mid-day trading on Friday, reaching $89.77. The stock had a trading volume of 21,458,563 shares, compared to its average volume of 7,529,426. The business's 50 day moving average is $74.71 and its 200 day moving average is $71.53. Amphenol Co. has a fifty-two week low of $54.77 and a fifty-two week high of $89.98. The stock has a market cap of $108.59 billion, a P/E ratio of 46.88, a PEG ratio of 1.92 and a beta of 1.10. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75.

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

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 17th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.66 annualized dividend and a dividend yield of 0.74%. Amphenol's payout ratio is 32.04%.

Analysts Set New Price Targets

A number of research firms have commented on APH. Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price objective for the company in a research note on Thursday, April 24th. UBS Group upped their price objective on shares of Amphenol from $85.00 to $106.00 and gave the company a "buy" rating in a research note on Friday. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a research note on Thursday, April 24th. TD Securities increased their price target on shares of Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research report on Thursday, May 1st. Finally, JPMorgan Chase & Co. increased their price target on shares of Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $84.38.

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.