Vise Technologies Inc. Buys 3,312 Shares of Amphenol Co. (NYSE:APH)

Vise Technologies Inc. boosted its stake in shares of Amphenol Co. (NYSE:APH - Free Report) by 77.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,576 shares of the electronics maker's stock after acquiring an additional 3,312 shares during the quarter. Vise Technologies Inc.'s holdings in Amphenol were worth $526,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Tacita Capital Inc raised its stake in shares of Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after buying an additional 296 shares in the last quarter. Sierra Ocean LLC acquired a new stake in shares of Amphenol during the fourth quarter worth $28,000. Rialto Wealth Management LLC acquired a new stake in shares of Amphenol during the fourth quarter worth $28,000. Rakuten Securities Inc. boosted its holdings in Amphenol by 703.8% in the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after acquiring an additional 366 shares during the last quarter. Finally, Hanson & Doremus Investment Management acquired a new position in Amphenol in the fourth quarter valued at $32,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

APH has been the topic of a number of recent research reports. Robert W. Baird boosted their price objective on Amphenol from $73.00 to $85.00 and gave the stock an "outperform" rating in a research note on Thursday, April 24th. TD Securities lifted their target price on Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research report on Thursday, May 1st. The Goldman Sachs Group lifted their target price on Amphenol from $72.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, April 24th. Citigroup lifted their target price on Amphenol from $85.00 to $100.00 and gave the stock a "buy" rating in a research report on Tuesday. Finally, UBS Group boosted their price objective on Amphenol from $85.00 to $106.00 and gave the company a "buy" rating in a report on Friday. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $84.38.

Amphenol Stock Performance

Amphenol stock traded down $0.48 during midday trading on Friday, reaching $88.44. 2,129,365 shares of the stock traded hands, compared to its average volume of 7,452,246. Amphenol Co. has a fifty-two week low of $54.77 and a fifty-two week high of $90.13. The firm has a market cap of $106.98 billion, a price-to-earnings ratio of 46.37, a PEG ratio of 1.92 and a beta of 1.10. The firm has a fifty day moving average price of $74.31 and a two-hundred day moving average price of $71.41. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, beating the consensus estimate of $0.52 by $0.11. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the firm earned $0.40 EPS. The firm's quarterly revenue was up 47.7% on a year-over-year basis. On average, 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 given a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $0.66 annualized dividend and a yield of 0.75%. Amphenol's dividend payout ratio is 32.04%.

Insiders Place Their Bets

In related news, insider Luc Walter sold 390,000 shares of the business's stock in a transaction that occurred on Friday, April 25th. The shares were 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 now owns 447,790 shares in the company, valued at approximately $33,991,738.90. The trade was a 46.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William J. Doherty sold 126,000 shares of the business's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $80.28, for a total transaction of $10,115,280.00. The disclosure for this sale can be found here. Insiders have sold 3,178,500 shares of company stock worth $241,903,805 in the last ninety days. Insiders own 1.67% of the company's stock.

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.