5,768 Shares in Amphenol Co. (NYSE:APH) Purchased by Tema Etfs LLC

Tema Etfs LLC acquired a new stake in shares of Amphenol Co. (NYSE:APH - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,768 shares of the electronics maker's stock, valued at approximately $401,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Toronto Dominion Bank increased its holdings in Amphenol by 1.8% in the 4th quarter. Toronto Dominion Bank now owns 694,219 shares of the electronics maker's stock worth $48,211,000 after buying an additional 12,131 shares in the last quarter. Shell Asset Management Co. raised its holdings in shares of Amphenol by 85.9% during the fourth quarter. Shell Asset Management Co. now owns 153,332 shares of the electronics maker's stock valued at $10,649,000 after purchasing an additional 70,869 shares during the last quarter. Raiffeisen Bank International AG bought a new position in Amphenol during the fourth quarter valued at approximately $13,847,000. Point72 Asia Singapore Pte. Ltd. boosted its holdings in Amphenol by 102.5% in the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 140,664 shares of the electronics maker's stock worth $9,769,000 after purchasing an additional 71,184 shares during the last quarter. Finally, Point72 Hong Kong Ltd grew its position in Amphenol by 27.7% in the 4th quarter. Point72 Hong Kong Ltd now owns 232,279 shares of the electronics maker's stock worth $16,132,000 after purchasing an additional 50,365 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Richard Adam Norwitt sold 2,000,000 shares of the company's stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $75.73, for a total transaction of $151,460,000.00. Following the sale, the chief executive officer now directly owns 2,002,507 shares of the company's stock, valued at $151,649,855.11. This represents a 49.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 now owns 100,000 shares of the company's stock, valued at $7,593,000. This represents a 80.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,178,500 shares of company stock worth $241,903,805 in the last 90 days. 1.67% of the stock is currently owned by corporate insiders.

Amphenol Price Performance

NYSE:APH traded down $0.45 on Thursday, reaching $85.24. 5,265,975 shares of the company's stock traded hands, compared to its average volume of 7,511,507. The firm has a market cap of $103.11 billion, a PE ratio of 44.51, a P/E/G ratio of 1.92 and a beta of 1.10. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The stock has a 50-day simple moving average of $71.83 and a 200-day simple moving average of $70.78. Amphenol Co. has a 12 month low of $54.77 and a 12 month high of $87.22.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.11. The business had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm's revenue for the quarter was up 47.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.40 EPS. Equities research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 17th will be issued a $0.165 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.77%. Amphenol's dividend payout ratio is currently 32.04%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on APH. Bank of America raised their price target on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Citigroup upped their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. Robert W. Baird raised their price objective on shares of Amphenol from $73.00 to $85.00 and gave the stock an "outperform" rating in a report on Thursday, April 24th. The Goldman Sachs Group boosted their target price on shares of Amphenol from $72.00 to $80.00 and gave the company a "buy" rating in a research report on Thursday, April 24th. Finally, TD Securities increased their price target on shares of Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research report on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $81.62.

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.