Roffman Miller Associates Inc. PA Increases Stock Holdings in Amphenol Corporation (NYSE:APH)

Roffman Miller Associates Inc. PA grew its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 3.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 517,141 shares of the electronics maker's stock after acquiring an additional 18,643 shares during the period. Amphenol accounts for 2.1% of Roffman Miller Associates Inc. PA's portfolio, making the stock its 19th largest holding. Roffman Miller Associates Inc. PA's holdings in Amphenol were worth $33,919,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Adell Harriman & Carpenter Inc. grew its stake in Amphenol by 2.5% during the first quarter. Adell Harriman & Carpenter Inc. now owns 5,936 shares of the electronics maker's stock valued at $389,000 after acquiring an additional 143 shares in the last quarter. Conning Inc. grew its holdings in Amphenol by 1.8% during the 1st quarter. Conning Inc. now owns 9,091 shares of the electronics maker's stock valued at $596,000 after buying an additional 159 shares in the last quarter. MJP Associates Inc. ADV increased its stake in Amphenol by 2.3% in the 4th 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 last quarter. Beverly Hills Private Wealth LLC boosted its position in shares of Amphenol by 1.4% during the 4th quarter. Beverly Hills Private Wealth LLC now owns 15,052 shares of the electronics maker's stock valued at $1,045,000 after acquiring an additional 203 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC grew its holdings in shares of Amphenol by 6.8% in the first quarter. Relyea Zuckerberg Hanson LLC now owns 3,309 shares of the electronics maker's stock valued at $217,000 after purchasing an additional 211 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

NYSE:APH traded down $0.96 during midday trading on Monday, hitting $98.50. The company's stock had a trading volume of 9,850,612 shares, compared to its average volume of 7,651,909. Amphenol Corporation has a fifty-two week low of $54.77 and a fifty-two week high of $99.97. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.99 and a quick ratio of 1.36. The firm has a market cap of $119.15 billion, a P/E ratio of 47.82, a P/E/G ratio of 2.27 and a beta of 1.13. The firm's 50 day moving average is $89.15 and its 200-day moving average is $75.34.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping 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 business had revenue of $4.81 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same period in the prior year, the company posted $0.40 EPS. The company's revenue for the quarter was up 47.7% on a year-over-year basis. Equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 17th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Tuesday, June 17th. Amphenol's payout ratio is 32.04%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a research report on Thursday, April 24th. The Goldman Sachs Group lifted their price target on Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. UBS Group upped their price objective on Amphenol from $85.00 to $106.00 and gave the company a "buy" rating in a research report on Friday, May 30th. KGI Securities assumed coverage on Amphenol in a research report on Thursday, June 26th. They set a "hold" rating on the stock. Finally, Fox Advisors upgraded Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price target on the stock in a report on Thursday, April 24th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $88.00.

Insider Buying and Selling at Amphenol

In related news, insider William J. Doherty sold 160,000 shares of the firm's stock in a transaction dated 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 document filed with the SEC, which is available through this link. Also, CFO Craig A. Lampo sold 400,000 shares of the stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $75.93, for a total value of $30,372,000.00. Following the transaction, the chief financial officer directly owned 100,000 shares of the company's stock, 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 ninety days, insiders have sold 3,764,500 shares of company stock valued at $294,839,785. Corporate insiders own 1.67% of the company's stock.

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.