Integrated Advisors Network LLC Makes New Investment in Amphenol Co. (NYSE:APH)

Integrated Advisors Network LLC acquired a new stake in shares of Amphenol Co. (NYSE:APH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 3,016 shares of the electronics maker's stock, valued at approximately $209,000.

Other large investors also recently bought and sold shares of the company. Princeton Global Asset Management LLC lifted its stake in Amphenol by 0.6% in the fourth quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker's stock worth $1,634,000 after acquiring an additional 136 shares during the period. WASHINGTON TRUST Co lifted its stake in Amphenol by 23.0% in the fourth quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker's stock worth $55,000 after acquiring an additional 147 shares during the period. MJP Associates Inc. ADV lifted its stake in Amphenol by 2.3% in the fourth quarter. MJP Associates Inc. ADV now owns 7,324 shares of the electronics maker's stock worth $509,000 after acquiring an additional 166 shares during the period. Newbridge Financial Services Group Inc. lifted its stake in Amphenol by 3.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 5,483 shares of the electronics maker's stock worth $381,000 after acquiring an additional 173 shares during the period. Finally, Robertson Stephens Wealth Management LLC lifted its stake in Amphenol by 3.5% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 5,219 shares of the electronics maker's stock worth $363,000 after acquiring an additional 177 shares during the period. Hedge funds and other institutional investors own 97.01% of the company's stock.

Insider Activity

In other news, CEO Richard Adam Norwitt sold 2,000,000 shares of the company'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 sale, the chief executive officer now owns 2,002,507 shares in the company, valued at $151,649,855.11. This represents a 49.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Craig A. Lampo sold 400,000 shares of the company's stock in a transaction dated 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 sale, the chief financial officer now owns 100,000 shares in the company, valued at $7,593,000. The trade was a 80.00% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,218,500 shares of company stock valued at $245,455,405. Company insiders own 1.67% of the company's stock.

Amphenol Stock Up 1.0%

NYSE:APH traded up $0.85 during mid-day trading on Friday, hitting $89.77. 21,458,563 shares of the company's stock traded hands, compared to its average volume of 7,493,509. The company has a fifty day moving average of $74.71 and a 200 day moving average of $71.53. Amphenol Co. has a twelve month low of $54.77 and a twelve month high of $89.98. The company has a market capitalization of $108.59 billion, a P/E ratio of 46.88, a P/E/G ratio of 1.92 and a beta of 1.10. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.11. The company had revenue of $4.81 billion for the quarter, compared to analyst estimates of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm's quarterly revenue was up 47.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.40 EPS. On average, analysts forecast that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, June 17th. Amphenol's dividend payout ratio is presently 32.04%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. UBS Group upped their price objective on Amphenol from $85.00 to $106.00 and gave the stock a "buy" rating in a research note on Friday. TD Securities upped their price objective on Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research note on Thursday, May 1st. US Capital Advisors set a $85.00 price objective on Amphenol in a research note on Thursday, April 24th. Finally, The Goldman Sachs Group upped their price objective on Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research note on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $84.38.

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.