Crossmark Global Holdings Inc. Purchases 3,764 Shares of Amphenol Corporation (NYSE:APH)

Crossmark Global Holdings Inc. increased its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 3.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,747 shares of the electronics maker's stock after acquiring an additional 3,764 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Amphenol were worth $7,002,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Fullcircle Wealth LLC lifted its stake in shares of Amphenol by 1.3% during the first quarter. Fullcircle Wealth LLC now owns 11,806 shares of the electronics maker's stock valued at $774,000 after acquiring an additional 151 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new position in shares of Amphenol during the first quarter valued at $239,000. Byrne Financial Freedom LLC lifted its stake in shares of Amphenol by 6.1% during the first quarter. Byrne Financial Freedom LLC now owns 17,400 shares of the electronics maker's stock valued at $1,141,000 after acquiring an additional 1,000 shares during the period. Callan Capital LLC lifted its stake in shares of Amphenol by 9.0% during the first quarter. Callan Capital LLC now owns 3,670 shares of the electronics maker's stock valued at $241,000 after acquiring an additional 304 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Amphenol by 13.1% during the first quarter. Envestnet Asset Management Inc. now owns 5,673,208 shares of the electronics maker's stock valued at $372,106,000 after acquiring an additional 659,199 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Transactions at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 400,000 shares of the firm's stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $75.93, for a total value of $30,372,000.00. Following the completion of the transaction, the chief financial officer directly owned 100,000 shares in the company, valued at $7,593,000. This trade represents a 80.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Luc Walter sold 390,000 shares of the firm's stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $75.91, for a total value of $29,604,900.00. Following the completion of the transaction, the insider owned 447,790 shares of the company's stock, valued at approximately $33,991,738.90. This represents a 46.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 3,764,500 shares of company stock valued at $294,839,785. 1.67% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. TD Securities increased their target price on Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a research note on Thursday, May 1st. KGI Securities assumed coverage on Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating on the stock. Fox Advisors raised Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 target price on the stock in a research note on Thursday, April 24th. Citigroup increased their target price on Amphenol from $100.00 to $115.00 and gave the company a "buy" rating in a research note on Friday. Finally, JPMorgan Chase & Co. increased their target price on Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a research note on Thursday, April 24th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, Amphenol currently has a consensus rating of "Moderate Buy" and a consensus target price of $89.15.

Amphenol Stock Up 0.4%

Shares of NYSE:APH traded up $0.43 during mid-day trading on Friday, reaching $98.74. 6,716,903 shares of the stock were exchanged, compared to its average volume of 7,679,562. 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 company has a market cap of $119.44 billion, a P/E ratio of 47.93, a P/E/G ratio of 2.25 and a beta of 1.13. Amphenol Corporation has a one year low of $54.77 and a one year high of $99.99. The stock's 50 day simple moving average is $91.20 and its 200-day simple moving average is $76.22.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The business had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. Amphenol had a return on equity of 27.68% and a net margin of 15.58%. Amphenol's quarterly revenue was up 47.7% on a year-over-year basis. During the same period last year, the company earned $0.40 earnings per share. As a group, equities research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 17th were paid a $0.165 dividend. The ex-dividend date was Tuesday, June 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.67%. Amphenol's dividend payout ratio is 32.04%.

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.