SYM FINANCIAL Corp Purchases Shares of 7,665 Amphenol Corporation (NYSE:APH)

SYM FINANCIAL Corp purchased a new position in Amphenol Corporation (NYSE:APH - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 7,665 shares of the electronics maker's stock, valued at approximately $503,000.

A number of other institutional investors have also recently bought and sold shares of APH. Hughes Financial Services LLC acquired a new stake in shares of Amphenol during the 1st quarter valued at about $25,000. Global X Japan Co. Ltd. bought a new position in Amphenol during the first quarter worth $44,000. Coppell Advisory Solutions LLC bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $48,000. Colonial Trust Co SC increased its position in shares of Amphenol by 342.9% during the fourth quarter. Colonial Trust Co SC now owns 868 shares of the electronics maker's stock valued at $60,000 after purchasing an additional 672 shares during the period. Finally, West Branch Capital LLC bought a new stake in shares of Amphenol during the first quarter valued at approximately $57,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on APH shares. TD Securities boosted their price objective on Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. JPMorgan Chase & Co. upped their price target on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday. Robert W. Baird increased their target price on Amphenol from $113.00 to $118.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, Wall Street Zen upgraded Amphenol from a "hold" rating to a "buy" rating in a report on Sunday, June 22nd. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, Amphenol presently has an average rating of "Moderate Buy" and an average price target of $102.23.

Insider Transactions at Amphenol

In related news, VP Michael R. Ivas sold 40,000 shares of the company's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $88.79, for a total transaction of $3,551,600.00. Following the sale, the vice president owned 152,412 shares in the company, valued at $13,532,661.48. This represents a 20.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Luc Walter sold 286,000 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $91.43, for a total value of $26,148,980.00. Following the transaction, the insider directly owned 451,790 shares in the company, valued at approximately $41,307,159.70. This trade represents a 38.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 799,500 shares of company stock worth $70,053,885. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Up 0.5%

Shares of NYSE:APH traded up $0.50 during mid-day trading on Friday, reaching $104.96. 7,303,018 shares of the stock were exchanged, compared to its average volume of 8,704,418. The company has a quick ratio of 1.36, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a one year low of $54.77 and a one year high of $108.85. The stock's 50 day simple moving average is $95.00 and its 200-day simple moving average is $78.41. The company has a market cap of $126.96 billion, a P/E ratio of 41.82, a P/E/G ratio of 2.05 and a beta of 1.13.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%. The firm's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period last year, the firm posted $0.44 EPS. As a group, equities research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.63%. Amphenol's dividend payout ratio is currently 26.29%.

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.