Amphenol Co. (NYSE:APH) Receives $109.33 Average PT from Brokerages

Amphenol Co. (NYSE:APH - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eleven ratings firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $109.33.

APH has been the subject of several analyst reports. Stifel Nicolaus raised their price objective on shares of Amphenol from $88.00 to $95.00 and gave the stock a "hold" rating in a report on Thursday, January 25th. Evercore ISI raised their price target on shares of Amphenol from $110.00 to $125.00 and gave the company an "outperform" rating in a report on Monday, March 25th. Jefferies Financial Group began coverage on shares of Amphenol in a report on Tuesday, April 9th. They issued a "hold" rating and a $125.00 price target for the company. Robert W. Baird raised their price target on shares of Amphenol from $100.00 to $106.00 and gave the company an "outperform" rating in a report on Thursday, January 25th. Finally, Citigroup raised their price target on shares of Amphenol from $117.00 to $135.00 and gave the company a "buy" rating in a report on Thursday, April 4th.

Amphenol Stock Performance

APH traded down $2.56 on Friday, hitting $113.32. The company's stock had a trading volume of 3,048,437 shares, compared to its average volume of 3,232,950. The company's 50 day simple moving average is $110.12 and its 200-day simple moving average is $97.77. The firm has a market cap of $68.17 billion, a P/E ratio of 36.44, a price-to-earnings-growth ratio of 3.23 and a beta of 1.30. Amphenol has a 12 month low of $72.00 and a 12 month high of $119.59. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.47.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, topping the consensus estimate of $0.77 by $0.05. The company had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.16 billion. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. Amphenol's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period last year, the firm earned $0.78 EPS. Analysts forecast that Amphenol will post 3.28 EPS for the current year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th were given a $0.22 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.88 annualized dividend and a yield of 0.78%. Amphenol's dividend payout ratio (DPR) is presently 28.30%.

Insider Buying and Selling

In related news, insider William J. Doherty sold 170,000 shares of the company's stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total value of $17,595,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider William J. Doherty sold 170,000 shares of the company's stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total value of $17,595,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lance E. D'amico sold 15,000 shares of the business's stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $104.75, for a total transaction of $1,571,250.00. Following the completion of the sale, the vice president now directly owns 25,700 shares of the company's stock, valued at $2,692,075. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 305,000 shares of company stock worth $31,846,050. Corporate insiders own 2.22% of the company's stock.

Institutional Trading of Amphenol

Hedge funds have recently added to or reduced their stakes in the business. Peoples Bank KS bought a new stake in Amphenol in the third quarter worth $27,000. Frazier Financial Advisors LLC bought a new position in shares of Amphenol during the fourth quarter valued at about $29,000. Mendota Financial Group LLC bought a new position in shares of Amphenol during the fourth quarter valued at about $33,000. Venturi Wealth Management LLC raised its stake in shares of Amphenol by 75.5% during the fourth quarter. Venturi Wealth Management LLC now owns 330 shares of the electronics maker's stock valued at $33,000 after acquiring an additional 142 shares during the last quarter. Finally, Avior Wealth Management LLC raised its stake in shares of Amphenol by 70.8% during the fourth quarter. Avior Wealth Management LLC now owns 333 shares of the electronics maker's stock valued at $33,000 after acquiring an additional 138 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

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.