Fiduciary Financial Group LLC Invests $266,000 in Amphenol Co. (NYSE:APH)

Fiduciary Financial Group LLC purchased a new stake in shares of Amphenol Co. (NYSE:APH - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 4,150 shares of the electronics maker's stock, valued at approximately $266,000.

A number of other institutional investors also recently bought and sold shares of the stock. LaFleur & Godfrey LLC grew its position in shares of Amphenol by 1.5% during the fourth quarter. LaFleur & Godfrey LLC now owns 56,801 shares of the electronics maker's stock valued at $3,945,000 after purchasing an additional 825 shares in the last quarter. Brighton Jones LLC raised its stake in shares of Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after acquiring an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after buying an additional 4,721 shares in the last quarter. Empowered Funds LLC grew its holdings in Amphenol by 160.8% in the fourth quarter. Empowered Funds LLC now owns 115,840 shares of the electronics maker's stock worth $8,045,000 after purchasing an additional 71,416 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its holdings in Amphenol by 8.7% in the fourth quarter. Kestra Private Wealth Services LLC now owns 29,095 shares of the electronics maker's stock worth $2,021,000 after purchasing an additional 2,330 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Insider Transactions at Amphenol

In other news, VP Lance E. D'amico sold 175,000 shares of the stock in a transaction on Friday, April 25th. The stock was sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the transaction, the vice president now owns 51,400 shares of the company's stock, valued at approximately $3,920,792. This represents a 77.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard Adam Norwitt sold 2,000,000 shares of the firm's stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $75.73, for a total value of $151,460,000.00. Following the completion of the transaction, the chief executive officer now owns 2,002,507 shares of the company's stock, valued at approximately $151,649,855.11. The trade was a 49.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,764,500 shares of company stock valued at $294,839,785 over the last 90 days. Company insiders own 1.67% of the company's stock.

Wall Street Analyst Weigh In

APH has been the subject of a number of research reports. UBS Group boosted their target price on shares of Amphenol from $85.00 to $106.00 and gave the company a "buy" rating in a research report on Friday, May 30th. 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 report on Thursday, May 1st. Wall Street Zen downgraded shares of Amphenol from a "buy" rating to a "hold" rating in a research report on Saturday. Evercore ISI lifted their target price on shares of Amphenol from $88.00 to $105.00 and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Finally, Citigroup upped their price target on shares of Amphenol from $85.00 to $100.00 and gave the stock a "buy" rating in a research report on Tuesday, May 27th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Amphenol presently has an average rating of "Moderate Buy" and an average price target of $88.00.

Amphenol Price Performance

Shares of NYSE APH traded down $2.22 during trading hours on Friday, reaching $92.38. 7,132,279 shares of the stock traded hands, compared to its average volume of 7,523,156. The company has a market capitalization of $111.75 billion, a P/E ratio of 48.24, a price-to-earnings-growth ratio of 1.92 and a beta of 1.12. 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 Co. has a 52-week low of $54.77 and a 52-week high of $94.83. The company's 50-day simple moving average is $80.32 and its two-hundred day simple moving average is $72.94.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly 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 analyst estimates of $4.20 billion. During the same period in the previous year, the company posted $0.40 earnings per share. The firm's revenue was up 47.7% on a year-over-year basis. Equities research analysts forecast that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm 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 $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Tuesday, June 17th. Amphenol's dividend payout ratio (DPR) 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.