Amphenol Co. (NYSE:APH) Stock Holdings Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in Amphenol Co. (NYSE:APH) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,558,670 shares of the electronics maker’s stock after purchasing an additional 63,180 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Amphenol were worth $427,363,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. lifted its position in Amphenol by 0.3% in the first quarter. B. Riley Wealth Advisors Inc. now owns 31,286 shares of the electronics maker’s stock worth $3,609,000 after purchasing an additional 80 shares during the period. Industrial Alliance Investment Management Inc. lifted its holdings in shares of Amphenol by 2.9% in the first quarter. Industrial Alliance Investment Management Inc. now owns 5,330 shares of the electronics maker’s stock valued at $615,000 after buying an additional 150 shares during the period. Fortitude Family Office LLC boosted its stake in Amphenol by 13.9% during the third quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker’s stock valued at $84,000 after buying an additional 158 shares in the last quarter. New England Capital Financial Advisors LLC boosted its stake in Amphenol by 100.0% during the second quarter. New England Capital Financial Advisors LLC now owns 376 shares of the electronics maker’s stock valued at $25,000 after buying an additional 188 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC grew its holdings in Amphenol by 4.6% during the third quarter. Prime Capital Investment Advisors LLC now owns 4,505 shares of the electronics maker’s stock worth $294,000 after acquiring an additional 199 shares during the period. Institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

APH has been the topic of a number of research reports. Robert W. Baird boosted their target price on shares of Amphenol from $71.00 to $77.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. TD Cowen increased their price objective on Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Bank of America upped their target price on Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Evercore ISI boosted their price objective on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, Truist Financial raised their price objective on shares of Amphenol from $76.00 to $82.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $69.63.

Amphenol Stock Up 3.2 %

Shares of APH opened at $73.19 on Friday. Amphenol Co. has a 12 month low of $44.81 and a 12 month high of $74.70. 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 $67.44 and a two-hundred day moving average price of $66.27. The stock has a market cap of $88.23 billion, a price-to-earnings ratio of 42.06, a P/E/G ratio of 2.36 and a beta of 1.23.

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

Amphenol Dividend Announcement

The firm also recently declared 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 0.90%. Amphenol’s dividend payout ratio is 37.93%.

Insider Transactions at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 150,000 shares of Amphenol stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the completion of the sale, the chief financial officer now owns 218,116 shares of the company’s stock, valued at approximately $14,997,656.16. The trade was a 40.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David M. Silverman sold 180,000 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total value of $12,391,200.00. Following the completion of the transaction, the vice president now owns 14,000 shares in the company, valued at $963,760. This represents a 92.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,842,672 shares of company stock worth $128,858,080. Insiders own 1.80% of the company’s stock.

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.