U.S. Capital Wealth Advisors LLC Acquires Shares of 3,643 Amphenol Corporation (NYSE:APH)

U.S. Capital Wealth Advisors LLC bought a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,643 shares of the electronics maker's stock, valued at approximately $239,000.

Several other hedge funds have also recently modified their holdings of the stock. Adell Harriman & Carpenter Inc. lifted its position in shares of Amphenol by 2.5% in 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 shares of Amphenol by 1.8% during the first quarter. Conning Inc. now owns 9,091 shares of the electronics maker's stock worth $596,000 after buying an additional 159 shares in the last quarter. MJP Associates Inc. ADV raised its position in shares of Amphenol by 2.3% in the fourth quarter. MJP Associates Inc. ADV now owns 7,324 shares of the electronics maker's stock valued at $509,000 after buying an additional 166 shares during the last quarter. Beverly Hills Private Wealth LLC lifted its stake in shares of Amphenol by 1.4% in the fourth quarter. Beverly Hills Private Wealth LLC now owns 15,052 shares of the electronics maker's stock worth $1,045,000 after buying an additional 203 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC boosted its position in Amphenol by 6.8% during the first quarter. Relyea Zuckerberg Hanson LLC now owns 3,309 shares of the electronics maker's stock worth $217,000 after acquiring an additional 211 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Activity at Amphenol

In other Amphenol news, insider William J. Doherty sold 160,000 shares of the stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $89.54, for a total transaction of $14,326,400.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Luc Walter sold 390,000 shares of the business's stock in a transaction on Friday, April 25th. The stock was sold at an average price of $75.91, for a total transaction of $29,604,900.00. Following the completion of the transaction, the insider owned 447,790 shares of the company's stock, valued at approximately $33,991,738.90. This trade represents a 46.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 3,764,500 shares of company stock worth $294,839,785 over the last ninety days. Company insiders own 1.67% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on APH. The Goldman Sachs Group increased their price objective on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. TD Securities increased their price target on Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a report on Thursday, May 1st. Wall Street Zen upgraded Amphenol from a "hold" rating to a "buy" rating in a research report on Sunday, June 22nd. Evercore ISI upped their target price on Amphenol from $88.00 to $105.00 and gave the company an "outperform" rating in a report on Thursday, June 5th. Finally, US Capital Advisors set a $85.00 price target on Amphenol in a report on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $89.15.

Amphenol Stock Up 0.4%

Shares of APH opened at $98.74 on Friday. The company has a current ratio of 1.99, a quick ratio of 1.36 and a debt-to-equity ratio of 0.66. The firm has a market cap of $119.44 billion, a P/E ratio of 47.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.13. The company's 50-day moving average price is $91.20 and its 200 day moving average price is $76.22. Amphenol Corporation has a 12-month low of $54.77 and a 12-month high of $99.99.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 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 firm 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 business posted $0.40 EPS. The business's revenue for the quarter was up 47.7% compared to the same quarter last year. On average, sell-side analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th were paid 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 was Tuesday, June 17th. Amphenol's payout ratio is 32.04%.

About Amphenol

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.

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