Amphenol Co. (NYSE:APH) Shares Purchased by Invesco LLC

Invesco LLC lifted its holdings in shares of Amphenol Co. (NYSE:APH) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 57,834 shares of the electronics maker’s stock after acquiring an additional 3,440 shares during the quarter. Amphenol accounts for about 1.6% of Invesco LLC’s investment portfolio, making the stock its 13th biggest position. Invesco LLC’s holdings in Amphenol were worth $4,017,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Trifecta Capital Advisors LLC lifted 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 worth $28,000 after purchasing an additional 338 shares during the last quarter. Brown Brothers Harriman & Co. increased its holdings in shares of Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares during the last quarter. Continuum Advisory LLC raised its position in shares of Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 234 shares in the last quarter. Sunbelt Securities Inc. boosted its holdings in Amphenol by 100.3% in the second quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker’s stock worth $44,000 after purchasing an additional 324 shares during the period. Finally, Endeavor Private Wealth Inc. acquired a new stake in shares of Amphenol during the fourth quarter worth $49,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling

In related news, insider Peter Straub sold 132,000 shares of the stock in a transaction dated 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 Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 300,000 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $71.56, for a total transaction of $21,468,000.00. Following the completion of the transaction, the chief financial officer now owns 318,116 shares of the company’s stock, valued at approximately $22,764,380.96. This represents a 48.53 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 612,000 shares of company stock worth $44,177,640. Corporate insiders own 1.80% of the company’s stock.

Amphenol Price Performance

Amphenol stock traded up $0.51 during mid-day trading on Wednesday, hitting $69.09. The company’s stock had a trading volume of 1,107,942 shares, compared to its average volume of 7,885,545. The company has a quick ratio of 1.33, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $83.30 billion, a P/E ratio of 36.42, a P/E/G ratio of 2.12 and a beta of 1.24. The stock’s fifty day moving average price is $72.02 and its two-hundred day moving average price is $67.96. Amphenol Co. has a twelve month low of $50.48 and a twelve month high of $79.39.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company’s revenue was up 29.8% on a year-over-year basis. During the same quarter last year, the business posted $0.82 EPS. Research analysts forecast that Amphenol Co. will post 2.17 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th were issued a $0.165 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.96%. Amphenol’s dividend payout ratio is currently 34.46%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. The Goldman Sachs Group upped their price objective on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Truist Financial raised their target price on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Citigroup lifted their price target on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, TD Cowen upped their price objective on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Five research 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $80.68.

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.