Retireful LLC Invests $382,000 in Amphenol Co. (NYSE:APH)

Retireful LLC bought a new position in Amphenol Co. (NYSE:APH - Free Report) in the first quarter, according to its most recent filing with the SEC. The firm bought 5,739 shares of the electronics maker's stock, valued at approximately $382,000.

Other institutional investors also recently bought and sold shares of the company. Tacita Capital Inc raised its position in Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after buying an additional 296 shares during the last quarter. Sierra Ocean LLC purchased a new position in Amphenol during the 4th quarter worth approximately $28,000. Rialto Wealth Management LLC purchased a new position in Amphenol during the 4th quarter worth approximately $28,000. Rakuten Securities Inc. raised its position in Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after buying an additional 366 shares during the last quarter. Finally, OFI Invest Asset Management purchased a new position in Amphenol during the 4th quarter worth approximately $44,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on APH. Citigroup lifted their target price on shares of Amphenol from $85.00 to $100.00 and gave the company a "buy" rating in a report on Tuesday, May 27th. US Capital Advisors set a $85.00 target price on shares of Amphenol in a report on Thursday, April 24th. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. UBS Group lifted their target price on shares of Amphenol from $85.00 to $106.00 and gave the company a "buy" rating in a report on Friday, May 30th. Finally, The Goldman Sachs Group lifted their target price on shares of Amphenol from $72.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, April 24th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $86.31.

Insider Activity

In other Amphenol news, insider Luc Walter sold 390,000 shares of the company's stock in a transaction dated Friday, April 25th. The shares were sold at an average price of $75.91, for a total value of $29,604,900.00. Following the transaction, the insider now owns 447,790 shares of the company's stock, valued at $33,991,738.90. This represents a 46.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Michael R. Ivas sold 40,000 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $88.79, for a total transaction of $3,551,600.00. Following the completion of the transaction, the vice president now directly owns 152,412 shares in the company, valued at $13,532,661.48. The trade was a 20.79% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,764,500 shares of company stock valued at $294,839,785. 1.67% of the stock is currently owned by insiders.

Amphenol Price Performance

APH traded up $0.56 on Thursday, hitting $92.47. 8,686,187 shares of the company's stock were exchanged, compared to its average volume of 7,480,395. Amphenol Co. has a fifty-two week low of $54.77 and a fifty-two week high of $93.71. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The firm has a 50-day moving average price of $76.14 and a 200-day moving average price of $71.93. The stock has a market cap of $111.85 billion, a price-to-earnings ratio of 48.29, a P/E/G ratio of 1.92 and a beta of 1.10.

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 for the quarter, beating the consensus estimate of $0.52 by $0.11. The firm had revenue of $4.81 billion for the quarter, compared to analysts' expectations of $4.20 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company's revenue was up 47.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS. As a group, equities analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 17th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $0.66 annualized dividend and a dividend yield of 0.71%. Amphenol's payout ratio 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.