Lido Advisors LLC Grows Stock Holdings in Amphenol Co. (NYSE:APH)

Lido Advisors LLC lifted its stake in Amphenol Co. (NYSE:APH - Free Report) by 12.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,412 shares of the electronics maker's stock after purchasing an additional 3,566 shares during the period. Lido Advisors LLC's holdings in Amphenol were worth $2,185,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Tacita Capital Inc grew its position in Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 296 shares during the last quarter. Sierra Ocean LLC bought a new stake in Amphenol during the fourth quarter valued at approximately $28,000. Rialto Wealth Management LLC bought a new position in Amphenol in the 4th quarter worth $28,000. Rakuten Securities Inc. increased its position in Amphenol by 703.8% in the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after buying an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management bought a new stake in Amphenol during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

APH stock traded down $0.42 during midday trading on Monday, reaching $80.24. The stock had a trading volume of 4,685,928 shares, compared to its average volume of 7,463,468. The firm has a fifty day simple moving average of $66.53 and a two-hundred day simple moving average of $69.40. The stock has a market cap of $97.06 billion, a PE ratio of 41.93, a P/E/G ratio of 1.92 and a beta of 1.10. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. Amphenol Co. has a 52-week low of $54.77 and a 52-week high of $81.00.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.11. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The company had revenue of $4.81 billion for the quarter, compared to the consensus estimate of $4.20 billion. During the same period last year, the firm earned $0.40 EPS. The firm's revenue for the quarter was up 47.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.82%. The ex-dividend date is Tuesday, June 17th. Amphenol's dividend payout ratio is currently 32.04%.

Insider Buying and Selling

In related news, CFO Craig A. Lampo sold 400,000 shares of Amphenol stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $75.93, for a total value of $30,372,000.00. Following the sale, the chief financial officer now directly owns 100,000 shares in the company, valued at approximately $7,593,000. The trade was a 80.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Luc Walter sold 390,000 shares of the firm'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 value 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. This trade represents a 46.55 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,965,000 shares of company stock valued at $224,785,900. Corporate insiders own 1.67% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on APH. US Capital Advisors set a $85.00 price target on Amphenol in a report on Thursday, April 24th. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $85.00 to $91.00 and gave the company an "overweight" rating in a report on Thursday, April 24th. TD Securities upped their target price on shares of Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research report on Thursday. UBS Group reiterated a "buy" rating and issued a $85.00 price target (up from $78.00) on shares of Amphenol in a report on Thursday, April 24th. Finally, Robert W. Baird increased their price objective on shares of Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Amphenol currently has an average rating of "Moderate Buy" and an average price target of $81.62.

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.