Whittier Trust Co. of Nevada Inc. Has $7.15 Million Stock Position in Amphenol Corporation (NYSE:APH)

Whittier Trust Co. of Nevada Inc. lifted its stake in Amphenol Corporation (NYSE:APH - Free Report) by 2.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,032 shares of the electronics maker's stock after acquiring an additional 2,858 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Amphenol were worth $7,151,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC grew its holdings in shares of Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after purchasing an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after purchasing an additional 4,721 shares in the last quarter. Proficio Capital Partners LLC raised its position in Amphenol by 86.7% in the 4th quarter. Proficio Capital Partners LLC now owns 13,615 shares of the electronics maker's stock worth $946,000 after purchasing an additional 6,322 shares during the last quarter. Great Lakes Advisors LLC lifted its holdings in Amphenol by 14.1% during the 4th quarter. Great Lakes Advisors LLC now owns 7,196 shares of the electronics maker's stock worth $500,000 after buying an additional 890 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of Amphenol by 18.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 83,501 shares of the electronics maker's stock valued at $5,799,000 after buying an additional 13,270 shares during the period. Institutional investors own 97.01% of the company's stock.

Insider Buying and Selling at Amphenol

In other news, CFO Craig A. Lampo sold 400,000 shares of the business's stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $75.93, for a total transaction of $30,372,000.00. Following the completion of the sale, the chief financial officer owned 100,000 shares in the company, valued at $7,593,000. The trade was a 80.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 transaction, the vice president owned 51,400 shares in the company, valued at approximately $3,920,792. This trade represents a 77.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,764,500 shares of company stock worth $294,839,785 in the last three months. 1.67% of the stock is owned by insiders.

Amphenol Stock Up 1.4%

APH traded up $1.38 on Thursday, hitting $101.93. 6,955,720 shares of the company were exchanged, compared to its average volume of 7,688,052. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.36 and a current ratio of 1.99. The stock's fifty day moving average is $92.38 and its 200-day moving average is $76.82. The company has a market cap of $123.30 billion, a PE ratio of 49.48, a PEG ratio of 2.27 and a beta of 1.13. Amphenol Corporation has a 12 month low of $54.77 and a 12 month high of $102.65.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, beating the consensus estimate of $0.52 by $0.11. The company 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 27.68% and a net margin of 15.58%. The firm's revenue for the quarter was up 47.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.40 EPS. Equities research analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Tuesday, June 17th were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $0.66 annualized dividend and a dividend yield of 0.65%. Amphenol's dividend payout ratio is currently 32.04%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on APH. Evercore ISI raised their price target on Amphenol from $88.00 to $105.00 and gave the stock an "outperform" rating in a research report on Thursday, June 5th. JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $91.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday. UBS Group reiterated a "buy" rating and issued a $115.00 target price (up from $106.00) on shares of Amphenol in a report on Monday. The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Finally, Industrial Alliance Securities set a $115.00 target price on Amphenol in a research note on Friday, July 11th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, Amphenol currently has a consensus rating of "Moderate Buy" and a consensus price target of $93.71.

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.