Amphenol Corporation (NYSE:APH) Shares Purchased by Xponance Inc.

Xponance Inc. increased its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 2.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 233,803 shares of the electronics maker's stock after acquiring an additional 4,649 shares during the quarter. Xponance Inc.'s holdings in Amphenol were worth $15,335,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of APH. Adell Harriman & Carpenter Inc. increased its position in Amphenol by 2.5% during the 1st quarter. Adell Harriman & Carpenter Inc. now owns 5,936 shares of the electronics maker's stock worth $389,000 after purchasing an additional 143 shares in the last quarter. Fullcircle Wealth LLC increased its position in Amphenol by 1.3% during the 1st quarter. Fullcircle Wealth LLC now owns 11,806 shares of the electronics maker's stock worth $774,000 after purchasing an additional 151 shares in the last quarter. Values First Advisors Inc. increased its position in Amphenol by 0.5% during the 1st quarter. Values First Advisors Inc. now owns 28,840 shares of the electronics maker's stock worth $1,895,000 after purchasing an additional 157 shares in the last quarter. Conning Inc. increased its position in Amphenol by 1.8% during the 1st quarter. Conning Inc. now owns 9,091 shares of the electronics maker's stock worth $596,000 after purchasing an additional 159 shares in the last quarter. Finally, Optimum Investment Advisors increased its position in Amphenol by 4.0% during the 1st quarter. Optimum Investment Advisors now owns 4,227 shares of the electronics maker's stock worth $277,000 after purchasing an additional 164 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on APH. Evercore ISI lifted their price objective on shares of Amphenol from $88.00 to $105.00 and gave the company an "outperform" rating in a research note on Thursday, June 5th. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a research note on Thursday, April 24th. Citigroup lifted their price objective on shares of Amphenol from $100.00 to $115.00 and gave the company a "buy" rating in a research note on Friday. UBS Group lifted 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, May 30th. Finally, Wall Street Zen upgraded shares of Amphenol from a "hold" rating to a "buy" rating in a research note on Sunday, June 22nd. Five analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $89.15.

Amphenol Stock Up 0.4%

Shares of Amphenol stock traded up $0.43 on Friday, hitting $98.74. 6,716,903 shares of the company's stock traded hands, compared to its average volume of 7,679,562. The stock has a market cap of $119.44 billion, a P/E ratio of 47.93, a PEG ratio of 2.25 and a beta of 1.13. The company has a quick ratio of 1.36, a current ratio of 1.99 and a debt-to-equity ratio of 0.66. The firm's 50-day moving average is $90.84 and its 200 day moving average is $76.04. Amphenol Corporation has a 52-week low of $54.77 and a 52-week high of $99.99.

Amphenol (NYSE:APH - Get Free Report) last announced 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. Amphenol had a return on equity of 27.68% and a net margin of 15.58%. The firm had revenue of $4.81 billion for the quarter, compared to analysts' expectations of $4.20 billion. During the same period last year, the business posted $0.40 earnings per share. The firm's revenue for the quarter was up 47.7% on a year-over-year basis. Equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share 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 paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.67%. The ex-dividend date was Tuesday, June 17th. Amphenol's dividend payout ratio (DPR) is presently 32.04%.

Insider Transactions at Amphenol

In other news, CFO Craig A. Lampo sold 400,000 shares of the firm's 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 transaction, the chief financial officer directly owned 100,000 shares of the company's stock, valued at approximately $7,593,000. This trade represents a 80.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Luc Walter sold 286,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were 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 $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. Insiders sold 3,764,500 shares of company stock valued at $294,839,785 over the last three months. 1.67% of the stock is currently owned by company insiders.

Amphenol 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.