Roundview Capital LLC Buys 10,580 Shares of Amphenol Corporation (NYSE:APH)

Roundview Capital LLC boosted its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 47.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,748 shares of the electronics maker's stock after purchasing an additional 10,580 shares during the period. Roundview Capital LLC's holdings in Amphenol were worth $2,148,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in APH. Perigon Wealth Management LLC lifted its holdings in 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 purchasing an additional 3,964 shares during the last quarter. Raiffeisen Bank International AG bought a new position in Amphenol during the 4th quarter worth $13,847,000. Cambridge Investment Research Advisors Inc. increased its stake in Amphenol by 46.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock worth $4,589,000 after acquiring an additional 22,293 shares during the period. Transcend Capital Advisors LLC increased its stake in Amphenol by 14.4% during the 1st quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock worth $295,000 after acquiring an additional 568 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in Amphenol by 4.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock worth $4,061,000 after acquiring an additional 2,514 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Amphenol news, insider Luc Walter sold 390,000 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $75.91, for a total value of $29,604,900.00. Following the transaction, the insider owned 447,790 shares in the company, valued at approximately $33,991,738.90. This represents a 46.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lance E. D'amico sold 175,000 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $76.28, for a total value of $13,349,000.00. Following the completion of the transaction, the vice president owned 51,400 shares in the company, valued at approximately $3,920,792. The trade was a 77.30% 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 corporate insiders.

Amphenol Trading Up 3.7%

Shares of Amphenol stock traded up $3.77 on Thursday, hitting $104.48. 14,014,018 shares of the company's stock traded hands, compared to its average volume of 8,627,377. Amphenol Corporation has a one year low of $54.77 and a one year high of $108.85. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.36. The company has a fifty day moving average of $94.64 and a two-hundred day moving average of $78.18. The company has a market capitalization of $126.38 billion, a price-to-earnings ratio of 41.63, a price-to-earnings-growth ratio of 2.00 and a beta of 1.13.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 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 return on equity of 30.58% and a net margin of 16.90%. The firm's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.44 EPS. As a group, sell-side analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 17th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $0.66 annualized dividend and a yield of 0.63%. Amphenol's payout ratio is currently 32.04%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on APH shares. TD Securities raised 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. Robert W. Baird lifted their price target on Amphenol from $113.00 to $118.00 and gave the company an "outperform" rating in a research note on Thursday. Wall Street Zen upgraded Amphenol from a "hold" rating to a "buy" rating in a research note on Sunday, June 22nd. Truist Financial boosted their price objective on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Fox Advisors upgraded Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price objective on the stock in a research report on Thursday, April 24th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of "Moderate Buy" and an average price target of $102.23.

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.