Amphenol Co. (NYSE:APH) Shares Acquired by Sanibel Captiva Trust Company Inc.

Sanibel Captiva Trust Company Inc. lifted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 19.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,564 shares of the electronics maker's stock after buying an additional 12,368 shares during the period. Sanibel Captiva Trust Company Inc.'s holdings in Amphenol were worth $5,022,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Amphenol by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock valued at $10,565,279,000 after purchasing an additional 2,108,578 shares during the period. FMR LLC increased its stake in Amphenol by 2.6% in the 4th quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock valued at $7,240,202,000 after buying an additional 2,643,752 shares during the period. Price T Rowe Associates Inc. MD raised its position in Amphenol by 36.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 58,911,813 shares of the electronics maker's stock worth $4,091,426,000 after buying an additional 15,837,407 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Amphenol by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 25,325,653 shares of the electronics maker's stock worth $1,754,672,000 after acquiring an additional 659,560 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Amphenol by 294.0% in the fourth quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker's stock valued at $1,733,027,000 after acquiring an additional 18,619,417 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Price Performance

APH stock traded up $1.45 during trading on Thursday, hitting $94.52. The stock had a trading volume of 5,844,983 shares, compared to its average volume of 7,501,750. Amphenol Co. has a 1-year low of $54.77 and a 1-year high of $95.61. The stock has a market cap of $114.33 billion, a price-to-earnings ratio of 49.36, a price-to-earnings-growth ratio of 1.92 and a beta of 1.12. The company's 50 day moving average price is $79.00 and its two-hundred day moving average price is $72.66. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, beating analysts' consensus estimates of $0.52 by $0.11. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the company posted $0.40 EPS. The company's quarterly revenue was up 47.7% compared to the same quarter last year. On average, sell-side analysts forecast that Amphenol Co. will post 2.36 EPS for the current fiscal 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 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 0.70%. Amphenol's dividend payout ratio is presently 32.04%.

Insider Transactions at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 2,000,000 shares of Amphenol stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $75.73, for a total transaction of $151,460,000.00. Following the transaction, the chief executive officer now directly owns 2,002,507 shares of the company's stock, valued at $151,649,855.11. The trade was a 49.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 completion of the transaction, the insider now owns 451,790 shares of the company's stock, valued at approximately $41,307,159.70. This represents a 38.76% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,764,500 shares of company stock worth $294,839,785 in the last ninety days. Insiders own 1.67% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on APH. TD Securities raised their price objective on shares of Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. JPMorgan Chase & Co. lifted their price target on Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. UBS Group upped their price objective on Amphenol from $85.00 to $106.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Citigroup raised their target price on Amphenol from $85.00 to $100.00 and gave the company a "buy" rating in a report on Tuesday, May 27th. Finally, The Goldman Sachs Group upped their price target on shares of Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research note on Tuesday. Five investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Amphenol currently has an average rating of "Moderate Buy" and an average target price of $88.00.

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.