First National Trust Co Has $754,000 Holdings in Amphenol Co. (NYSE:APH)

First National Trust Co reduced its position in Amphenol Co. (NYSE:APH) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,578 shares of the electronics maker’s stock after selling 1,204 shares during the period. First National Trust Co’s holdings in Amphenol were worth $754,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of APH. Beacon Capital Management LLC increased its position in shares of Amphenol by 121.2% during the second quarter. Beacon Capital Management LLC now owns 376 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 206 shares in the last quarter. New England Capital Financial Advisors LLC increased its holdings in Amphenol by 100.0% during the 2nd quarter. New England Capital Financial Advisors LLC now owns 376 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 188 shares in the last quarter. Opal Wealth Advisors LLC bought a new position in shares of Amphenol in the second quarter valued at approximately $29,000. Trifecta Capital Advisors LLC boosted its position in shares of Amphenol by 352.1% during the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after buying an additional 338 shares during the last quarter. Finally, Sachetta LLC grew its holdings in Amphenol by 131.1% during the second quarter. Sachetta LLC now owns 439 shares of the electronics maker’s stock worth $27,000 after buying an additional 249 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

APH has been the topic of a number of analyst reports. Bank of America lifted their price objective on shares of Amphenol from $70.00 to $74.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Truist Financial upped their price objective on shares of Amphenol from $76.00 to $82.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Robert W. Baird lifted their target price on shares of Amphenol from $71.00 to $77.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Vertical Research started coverage on Amphenol in a report on Tuesday, July 23rd. They issued a “hold” rating and a $65.00 target price for the company. Finally, Evercore ISI boosted their price objective on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $69.63.

Amphenol Price Performance

Shares of NYSE:APH opened at $71.98 on Wednesday. The firm has a market capitalization of $86.78 billion, a PE ratio of 41.37, a P/E/G ratio of 2.45 and a beta of 1.23. The company has a quick ratio of 1.33, a current ratio of 1.99 and a debt-to-equity ratio of 0.53. The company has a 50-day moving average price of $65.83 and a two-hundred day moving average price of $65.73. Amphenol Co. has a twelve month low of $43.05 and a twelve month high of $74.70.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, October 23rd. The electronics maker reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. The company had revenue of $4.04 billion during the quarter, compared to the consensus estimate of $3.81 billion. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. Amphenol’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period last year, the firm earned $0.39 EPS. Equities analysts forecast that Amphenol Co. will post 1.84 EPS for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th will be issued a dividend of $0.165 per share. The ex-dividend date is Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.92%. Amphenol’s dividend payout ratio (DPR) is 37.93%.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider Peter Straub sold 132,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $74.12, for a total value of $9,783,840.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Amphenol news, insider Peter Straub sold 132,000 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $74.12, for a total value of $9,783,840.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Lance E. D’amico sold 100,000 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $65.63, for a total value of $6,563,000.00. Following the transaction, the vice president now directly owns 51,400 shares of the company’s stock, valued at $3,373,382. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,242,672 shares of company stock valued at $155,170,080 in the last quarter. 1.80% of the stock is currently owned by corporate insiders.

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.