Private Advisor Group LLC Acquires 4,155 Shares of Amphenol Corporation (NYSE:APH)

Private Advisor Group LLC increased its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 11.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 41,930 shares of the electronics maker's stock after buying an additional 4,155 shares during the period. Private Advisor Group LLC's holdings in Amphenol were worth $2,750,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Perigon Wealth Management LLC boosted its holdings in shares of Amphenol by 29.4% during the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock worth $1,144,000 after buying an additional 3,964 shares during the period. Raiffeisen Bank International AG acquired a new stake in Amphenol in the 4th quarter worth about $13,847,000. Cambridge Investment Research Advisors Inc. raised its stake in Amphenol by 46.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock worth $4,589,000 after purchasing an additional 22,293 shares in the last quarter. Transcend Capital Advisors LLC raised its stake in Amphenol by 14.4% in the 1st quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock worth $295,000 after purchasing an additional 568 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its stake in Amphenol by 4.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock worth $4,061,000 after purchasing an additional 2,514 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Insider Activity at Amphenol

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $89.09, for a total transaction of $8,909,000.00. Following the sale, the vice president directly owned 12,500 shares of the company's stock, valued at $1,113,625. The trade was a 88.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Michael R. Ivas sold 40,000 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $88.79, for a total transaction of $3,551,600.00. Following the sale, the vice president directly owned 152,412 shares in the company, valued at $13,532,661.48. The trade was a 20.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 799,500 shares of company stock valued at $70,053,885. Company insiders own 1.67% of the company's stock.

Amphenol Price Performance

Shares of Amphenol stock traded up $0.50 during midday trading on Friday, hitting $104.96. 7,303,018 shares of the company traded hands, compared to its average volume of 8,704,418. The stock has a market cap of $126.96 billion, a price-to-earnings ratio of 41.82, a PEG ratio of 2.06 and a beta of 1.13. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.36 and a current ratio of 2.02. The firm's fifty day moving average price is $95.00 and its 200-day moving average price is $78.46. Amphenol Corporation has a 12 month low of $54.77 and a 12 month high of $108.85.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.15. The company had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm's revenue was up 56.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS. As a group, sell-side analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th were issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.63%. The ex-dividend date was Tuesday, June 17th. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on APH shares. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a research note on Thursday, April 24th. KGI Securities started coverage on shares of Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating for the company. JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday. Citigroup lifted their price objective on shares of Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday. Finally, Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research note on Friday, July 11th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $102.23.

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.