Amphenol Co. (NYSE:APH) Shares Sold by YHB Investment Advisors Inc.

YHB Investment Advisors Inc. decreased its stake in Amphenol Co. (NYSE:APH) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 141,432 shares of the electronics maker’s stock after selling 5,822 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Amphenol were worth $9,216,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Beacon Capital Management LLC raised its stake in shares of Amphenol by 121.2% in the 2nd quarter. Beacon Capital Management LLC now owns 376 shares of the electronics maker’s stock valued at $25,000 after acquiring an additional 206 shares during the period. New England Capital Financial Advisors LLC lifted its stake in shares of Amphenol by 100.0% in the 2nd quarter. New England Capital Financial Advisors LLC now owns 376 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 188 shares during the period. Opal Wealth Advisors LLC acquired a new stake in shares of Amphenol in the second quarter valued at about $29,000. Trifecta Capital Advisors LLC lifted its stake in shares of Amphenol by 352.1% in the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 338 shares during the period. Finally, Sachetta LLC lifted its stake in shares of Amphenol by 131.1% in the second quarter. Sachetta LLC now owns 439 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 249 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on APH shares. Truist Financial raised their target price on shares of Amphenol from $74.50 to $76.00 and gave the company a “buy” rating in a report on Thursday, July 25th. Bank of America lowered their target price on shares of Amphenol from $71.00 to $70.00 and set a “neutral” rating for the company in a report on Wednesday, October 9th. UBS Group boosted their target price on shares of Amphenol from $69.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, July 10th. Robert W. Baird reduced their price target on shares of Amphenol from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Thursday, July 25th. Finally, Vertical Research initiated coverage on shares of Amphenol in a research report on Tuesday, July 23rd. They set a “hold” rating and a $65.00 price target on the stock. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and an average target price of $66.50.

Insider Buying and Selling

In other Amphenol news, VP Lance E. D’amico sold 90,000 shares of the firm’s stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $64.65, for a total transaction of $5,818,500.00. Following the transaction, the vice president now owns 51,400 shares in the company, valued at approximately $3,323,010. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider William J. Doherty sold 300,000 shares of Amphenol stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $65.83, for a total value of $19,749,000.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, VP Lance E. D’amico sold 90,000 shares of the business’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $64.65, for a total value of $5,818,500.00. Following the transaction, the vice president now directly owns 51,400 shares in the company, valued at $3,323,010. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,516,000 shares of company stock worth $98,236,640 over the last three months. 1.80% of the stock is currently owned by company insiders.

Amphenol Stock Up 2.4 %

Shares of APH stock opened at $68.47 on Thursday. The stock has a market cap of $82.25 billion, a P/E ratio of 42.01, a price-to-earnings-growth ratio of 2.56 and a beta of 1.24. Amphenol Co. has a one year low of $39.34 and a one year high of $71.20. The stock has a fifty day moving average price of $64.96 and a 200 day moving average price of $64.47. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.02 and a quick ratio of 1.32.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, July 24th. The electronics maker reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Amphenol had a return on equity of 24.08% and a net margin of 15.69%. The company had revenue of $3.61 billion during the quarter, compared to analyst estimates of $3.39 billion. During the same period last year, the company posted $0.72 earnings per share. The firm’s quarterly revenue was up 18.2% compared to the same quarter last year. Analysts predict that Amphenol Co. will post 1.76 earnings per share for the current year.

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.