61,107 Shares in Amphenol Corporation (NYSE:APH) Purchased by Huntleigh Advisors Inc.

Huntleigh Advisors Inc. bought a new position in Amphenol Corporation (NYSE:APH - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 61,107 shares of the electronics maker's stock, valued at approximately $4,008,000.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Amphenol by 1.4% during the 4th 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 last quarter. FMR LLC increased its position in shares of Amphenol by 2.6% during the 4th quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock valued at $7,240,202,000 after purchasing an additional 2,643,752 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of 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 valued at $4,091,426,000 after purchasing an additional 15,837,407 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Amphenol by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 25,325,653 shares of the electronics maker's stock valued at $1,754,672,000 after purchasing an additional 659,560 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Amphenol by 294.0% during the 4th 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 purchasing an additional 18,619,417 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 160,000 shares of Amphenol stock in a transaction on Friday, May 30th. The shares were sold at an average price of $89.54, for a total value of $14,326,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Richard Adam Norwitt sold 2,000,000 shares of Amphenol stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $75.73, for a total transaction of $151,460,000.00. Following the transaction, the chief executive officer directly owned 2,002,507 shares of the company's stock, valued at approximately $151,649,855.11. This represents a 49.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,764,500 shares of company stock worth $294,839,785. Insiders own 1.67% of the company's stock.

Amphenol Price Performance

APH traded up $0.84 during trading on Friday, reaching $99.36. 3,180,786 shares of the company traded hands, compared to its average volume of 7,643,084. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.36 and a current ratio of 1.99. Amphenol Corporation has a 12-month low of $54.77 and a 12-month high of $99.71. The firm has a fifty day simple moving average of $89.15 and a 200 day simple moving average of $75.31. The company has a market cap of $120.19 billion, a P/E ratio of 48.23, a PEG ratio of 2.27 and a beta of 1.13.

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, beating analysts' consensus estimates of $0.52 by $0.11. Amphenol had a net margin of 15.58% and a return on equity of 27.68%. The business had revenue of $4.81 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same period last year, the firm posted $0.40 EPS. The company's revenue was up 47.7% on a year-over-year basis. On average, equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

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

Analyst Ratings Changes

Several research firms have recently commented on APH. Robert W. Baird upped their price target on shares of Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a research report on Thursday, April 24th. Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price target for the company in a research report on Thursday, April 24th. UBS Group increased their target price on shares of Amphenol from $85.00 to $106.00 and gave the stock a "buy" rating in a report on Friday, May 30th. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. Finally, TD Securities raised their target price on shares of Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research note on Thursday, May 1st. Five research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $88.00.

About Amphenol

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.