Outlook Wealth Advisors LLC Buys 541 Shares of Amphenol Co. (NYSE:APH)

Outlook Wealth Advisors LLC increased its position in Amphenol Co. (NYSE:APH) by 8.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,594 shares of the electronics maker’s stock after buying an additional 541 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Amphenol were worth $458,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of APH. Burney Co. lifted its holdings in shares of Amphenol by 28.9% in the 4th quarter. Burney Co. now owns 17,929 shares of the electronics maker’s stock worth $1,245,000 after acquiring an additional 4,024 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in Amphenol by 48.7% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17,919 shares of the electronics maker’s stock worth $1,244,000 after purchasing an additional 5,866 shares during the period. Park Avenue Securities LLC lifted its stake in Amphenol by 19.6% in the fourth quarter. Park Avenue Securities LLC now owns 59,346 shares of the electronics maker’s stock worth $4,122,000 after purchasing an additional 9,725 shares during the last quarter. Board of the Pension Protection Fund purchased a new stake in Amphenol during the fourth quarter valued at about $1,160,000. Finally, Fifth Third Wealth Advisors LLC grew its stake in shares of Amphenol by 2.4% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 23,151 shares of the electronics maker’s stock valued at $1,608,000 after buying an additional 542 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on APH. Bank of America boosted their target price on Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. Truist Financial increased their price objective on Amphenol from $76.00 to $82.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. TD Cowen increased their price target on shares of Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Robert W. Baird upped their price objective on shares of Amphenol from $71.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Evercore ISI boosted their price target on Amphenol from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Five equities research 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. According to MarketBeat, Amphenol has an average rating of “Moderate Buy” and an average target price of $69.63.

Insider Buying and Selling at Amphenol

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

Amphenol Trading Up 0.9 %

Shares of NYSE APH opened at $70.92 on Thursday. The stock has a market cap of $85.50 billion, a P/E ratio of 40.76, a price-to-earnings-growth ratio of 2.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.99 and a quick ratio of 1.33. Amphenol Co. has a 1 year low of $47.38 and a 1 year high of $75.78. The firm has a 50-day moving average of $72.01 and a 200 day moving average of $67.69.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, October 23rd. The electronics maker reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $4.04 billion for 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 for the quarter was up 26.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.39 EPS. As a group, sell-side analysts expect that Amphenol Co. will post 1.84 EPS for the current fiscal year.

Amphenol Announces Dividend

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 0.93%. Amphenol’s payout ratio is currently 37.93%.

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.