Signaturefd LLC Boosts Stock Position in Amphenol Co. (NYSE:APH)

Signaturefd LLC raised its position in Amphenol Co. (NYSE:APHFree Report) by 3.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 15,274 shares of the electronics maker’s stock after buying an additional 502 shares during the period. Signaturefd LLC’s holdings in Amphenol were worth $1,514,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Peoples Bank KS acquired a new stake in Amphenol during the third quarter worth approximately $27,000. Venturi Wealth Management LLC lifted its stake in shares of Amphenol by 75.5% during the 4th quarter. Venturi Wealth Management LLC now owns 330 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 142 shares during the period. Avior Wealth Management LLC grew its position in shares of Amphenol by 70.8% in the fourth quarter. Avior Wealth Management LLC now owns 333 shares of the electronics maker’s stock valued at $33,000 after purchasing an additional 138 shares during the period. Mendota Financial Group LLC purchased a new stake in shares of Amphenol in the fourth quarter valued at $33,000. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new position in Amphenol in the third quarter valued at $34,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amphenol

In other news, insider William J. Doherty sold 170,000 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $103.50, for a total transaction of $17,595,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, insider William J. Doherty sold 170,000 shares of the company’s stock in a transaction dated 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 SEC, which is accessible through the SEC website. Also, insider Peter Straub sold 20,000 shares of the stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total transaction of $2,212,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 305,000 shares of company stock valued at $31,846,050 in the last three months. Corporate insiders own 2.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on APH shares. The Goldman Sachs Group lifted their price target on Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, January 25th. Citigroup upped their price target on shares of Amphenol from $117.00 to $135.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. Stifel Nicolaus boosted their price objective on shares of Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a research note on Thursday, January 25th. Jefferies Financial Group started coverage on Amphenol in a report on Tuesday, April 9th. They set a “hold” rating and a $125.00 price objective for the company. Finally, Bank of America lifted their target price on Amphenol from $117.00 to $121.00 and gave the company a “buy” rating in a report on Thursday. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.75.

Check Out Our Latest Research Report on Amphenol

Amphenol Stock Performance

Amphenol stock opened at $110.17 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.48 and a current ratio of 2.17. Amphenol Co. has a one year low of $72.00 and a one year high of $119.59. The stock’s 50 day moving average price is $110.87 and its 200 day moving average price is $98.76. The firm has a market capitalization of $66.27 billion, a PE ratio of 35.42, a price-to-earnings-growth ratio of 3.14 and a beta of 1.30.

Amphenol (NYSE:APHGet Free Report) last posted its earnings results on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. The business had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 earnings per share. As a group, sell-side analysts expect that Amphenol Co. will post 3.28 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.22 per share. The ex-dividend date was Monday, March 18th. This represents a $0.88 annualized dividend and a yield of 0.80%. Amphenol’s dividend payout ratio is presently 28.30%.

Amphenol Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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