World Investment Advisors Grows Position in Amphenol Corporation (NYSE:APH)

World Investment Advisors lifted its position in Amphenol Corporation (NYSE:APH - Free Report) by 100.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,720 shares of the electronics maker's stock after acquiring an additional 3,360 shares during the quarter. World Investment Advisors' holdings in Amphenol were worth $441,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in APH. Brighton Jones LLC boosted its stake in shares of Amphenol by 114.0% during the 4th 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 period. Revolve Wealth Partners LLC boosted its stake in shares of Amphenol by 87.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after purchasing an additional 4,721 shares during the period. Proficio Capital Partners LLC boosted its stake in shares of Amphenol by 86.7% during 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 period. Sage Mountain Advisors LLC boosted its stake in shares of Amphenol by 146.6% during the 4th quarter. Sage Mountain Advisors LLC now owns 10,770 shares of the electronics maker's stock worth $748,000 after purchasing an additional 6,403 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its stake in shares of Amphenol by 24.5% during the 4th quarter. Citizens Financial Group Inc. RI now owns 15,231 shares of the electronics maker's stock worth $1,058,000 after purchasing an additional 2,995 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wall Street Zen raised shares of Amphenol from a "hold" rating to a "buy" rating in a research note on Sunday, June 22nd. TD Securities boosted their price objective on shares of Amphenol from $63.00 to $70.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. 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 price objective on shares of Amphenol from $88.00 to $105.00 and gave the company an "outperform" rating in a research report on Thursday, June 5th. Finally, Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price objective for the company in a research report on Thursday, April 24th. Five equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and an average target price of $89.15.

Insider Activity

In related news, VP Lance E. D'amico sold 175,000 shares of the business's stock in a transaction that occurred on Friday, April 25th. The shares were sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the completion of the transaction, the vice president owned 51,400 shares in the company, valued at $3,920,792. The trade was a 77.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction, the chief financial officer owned 100,000 shares of the company's stock, valued at approximately $7,593,000. This trade represents a 80.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,764,500 shares of company stock worth $294,839,785 over the last 90 days. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Up 0.4%

Shares of NYSE:APH traded up $0.43 during trading hours on Friday, hitting $98.74. The company's stock had a trading volume of 6,716,903 shares, compared to its average volume of 7,691,952. Amphenol Corporation has a 52 week low of $54.77 and a 52 week high of $99.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.99 and a quick ratio of 1.36. The company has a market capitalization of $119.44 billion, a price-to-earnings ratio of 47.93, a P/E/G ratio of 2.26 and a beta of 1.13. The firm's fifty day moving average price is $91.20 and its 200 day moving average price is $76.25.

Amphenol (NYSE:APH - Get Free Report) last posted 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 15.58% and a return on equity of 27.68%. The business had revenue of $4.81 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the previous year, the business posted $0.40 EPS. The company's quarterly revenue was up 47.7% compared to the same quarter last year. As a group, research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $0.66 annualized dividend and a dividend yield of 0.67%. Amphenol's dividend payout ratio (DPR) is presently 32.04%.

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.