Amphenol Co. (NYSE:APH) Shares Sold by Williams Jones Wealth Management LLC.

Williams Jones Wealth Management LLC. decreased its position in Amphenol Co. (NYSE:APH - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 868,472 shares of the electronics maker's stock after selling 18,517 shares during the quarter. Williams Jones Wealth Management LLC. owned 0.07% of Amphenol worth $60,315,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on APH. Fox Advisors raised Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price target for the company in a report on Thursday, April 24th. The Goldman Sachs Group upped their target price on shares of Amphenol from $72.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, April 24th. Truist Financial lifted 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 Thursday, January 23rd. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a research note on Thursday, April 24th. Finally, UBS Group reiterated a "buy" rating and set a $85.00 target price (up previously from $78.00) on shares of Amphenol in a research report on Thursday, April 24th. Five analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $81.62.

Insider Transactions at Amphenol

In other Amphenol news, insider William J. Doherty sold 126,000 shares of the business's stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $80.28, for a total transaction of $10,115,280.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Luc Walter sold 390,000 shares of the company's stock in a transaction on 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,178,500 shares of company stock worth $241,903,805 over the last ninety days. 1.67% of the stock is currently owned by company insiders.

Amphenol Stock Performance

NYSE APH opened at $86.27 on Tuesday. The firm has a market cap of $104.35 billion, a P/E ratio of 45.05, a P/E/G ratio of 1.92 and a beta of 1.10. Amphenol Co. has a 52-week low of $54.77 and a 52-week high of $86.96. The business's 50-day moving average price is $70.88 and its 200 day moving average price is $70.57. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share 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 period last year, the business posted $0.40 EPS. The company's revenue was up 47.7% on a year-over-year basis. On average, equities research analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 17th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Tuesday, June 17th. Amphenol's payout ratio is 32.04%.

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.

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