Personal CFO Solutions LLC Has $595,000 Holdings in Amphenol Corporation (NYSE:APH)

Personal CFO Solutions LLC grew its position in Amphenol Corporation (NYSE:APH - Free Report) by 67.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,074 shares of the electronics maker's stock after acquiring an additional 3,651 shares during the period. Personal CFO Solutions LLC's holdings in Amphenol were worth $595,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Amphenol during the 4th quarter worth about $1,378,794,000. Bank of America Corp DE boosted its holdings in Amphenol by 294.0% in 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 period. Price T Rowe Associates Inc. MD boosted its holdings in Amphenol by 36.8% in 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 period. Wellington Management Group LLP boosted its holdings in Amphenol by 619.9% in the 4th quarter. Wellington Management Group LLP now owns 7,014,111 shares of the electronics maker's stock valued at $487,130,000 after purchasing an additional 6,039,845 shares during the period. Finally, Janus Henderson Group PLC boosted its holdings in Amphenol by 118.4% in the 4th quarter. Janus Henderson Group PLC now owns 7,256,290 shares of the electronics maker's stock valued at $503,975,000 after purchasing an additional 3,933,269 shares during the period. Institutional investors own 97.01% of the company's stock.

Insider Transactions at Amphenol

In other news, CEO Richard Adam Norwitt sold 2,000,000 shares of the stock in a transaction on Friday, April 25th. The shares were sold at an average price of $75.73, for a total transaction of $151,460,000.00. Following the completion of the sale, the chief executive officer directly owned 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 400,000 shares of the 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 sale, the chief financial officer 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 3,764,500 shares of company stock worth $294,839,785. 1.67% of the stock is currently owned by insiders.

Amphenol Price Performance

NYSE:APH traded up $0.43 on Friday, hitting $98.74. The company had a trading volume of 6,716,903 shares, compared to its average volume of 7,667,393. The stock has a market capitalization of $119.44 billion, a price-to-earnings ratio of 47.93, a PEG ratio of 2.24 and a beta of 1.13. The company has a current ratio of 1.99, a quick ratio of 1.36 and a debt-to-equity ratio of 0.66. The firm has a 50 day moving average of $90.84 and a two-hundred day moving average of $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 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. Amphenol had a net margin of 15.58% and a return on equity of 27.68%. The firm had revenue of $4.81 billion during the quarter, compared to analysts' expectations of $4.20 billion. During the same period in the prior year, the company posted $0.40 EPS. The company's revenue was up 47.7% on a year-over-year basis. On average, research analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 17th were given a $0.165 dividend. 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 currently 32.04%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on APH shares. JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. The Goldman Sachs Group boosted their price objective on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Robert W. Baird boosted their price objective on shares of Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Citigroup upped their price target on shares of Amphenol from $100.00 to $115.00 and gave the stock a "buy" rating in a report on Friday. Finally, UBS Group upped their price target on shares of Amphenol from $85.00 to $106.00 and gave the stock a "buy" rating in a report on Friday, May 30th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of "Moderate Buy" and a consensus price target of $89.15.

Amphenol Company 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.