Amphenol Co. (NYSE:APH) Shares Bought by Trueblood Wealth Management LLC

Trueblood Wealth Management LLC raised its position in Amphenol Co. (NYSE:APH - Free Report) by 48.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,190 shares of the electronics maker's stock after acquiring an additional 4,306 shares during the quarter. Trueblood Wealth Management LLC's holdings in Amphenol were worth $865,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. WASHINGTON TRUST Co increased its position in Amphenol by 23.0% in the fourth quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker's stock worth $55,000 after buying an additional 147 shares in the last quarter. MJP Associates Inc. ADV grew its stake in shares of Amphenol by 2.3% during the 4th quarter. MJP Associates Inc. ADV now owns 7,324 shares of the electronics maker's stock valued at $509,000 after acquiring an additional 166 shares during the period. New Republic Capital LLC increased its holdings in Amphenol by 4.2% in the 4th quarter. New Republic Capital LLC now owns 4,516 shares of the electronics maker's stock worth $314,000 after acquiring an additional 181 shares in the last quarter. Capital Advisors Ltd. LLC raised its stake in Amphenol by 34.6% during the 4th quarter. Capital Advisors Ltd. LLC now owns 763 shares of the electronics maker's stock worth $53,000 after acquiring an additional 196 shares during the period. Finally, Beverly Hills Private Wealth LLC lifted its holdings in Amphenol by 1.4% during the fourth quarter. Beverly Hills Private Wealth LLC now owns 15,052 shares of the electronics maker's stock valued at $1,045,000 after purchasing an additional 203 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Trading Up 1.6%

APH traded up $1.51 on Thursday, reaching $94.58. 1,940,912 shares of the company traded hands, compared to its average volume of 7,486,742. 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 company has a market cap of $114.40 billion, a P/E ratio of 49.39, a price-to-earnings-growth ratio of 1.92 and a beta of 1.12. The firm has a fifty day simple moving average of $79.00 and a two-hundred day simple moving average of $72.66. Amphenol Co. has a one year low of $54.77 and a one year high of $94.71.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $4.81 billion for the quarter, compared to analysts' expectations of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. Amphenol's revenue was up 47.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 earnings per share. As a group, equities research analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business 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 $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend is Tuesday, June 17th. Amphenol's payout ratio is 32.04%.

Insider Buying and Selling at Amphenol

In other news, insider William J. Doherty sold 126,000 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $80.28, for a total transaction of $10,115,280.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Lance E. D'amico sold 175,000 shares of the business's stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the sale, the vice president now directly owns 51,400 shares in the company, valued at approximately $3,920,792. This represents a 77.30% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,764,500 shares of company stock valued at $294,839,785. 1.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. TD Securities boosted their price objective on Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. Citigroup boosted their price target on Amphenol from $85.00 to $100.00 and gave the stock a "buy" rating in a report on Tuesday, May 27th. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a research report on Thursday, April 24th. Evercore ISI boosted their target price on shares of Amphenol from $88.00 to $105.00 and gave the stock an "outperform" rating in a report on Thursday, June 5th. Finally, UBS Group raised their target price on shares of Amphenol from $85.00 to $106.00 and gave the company a "buy" rating in a research note on Friday, May 30th. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $88.00.

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.