Amphenol Co. (NYSE:APH) Shares Sold by Unigestion Holding SA

Unigestion Holding SA decreased its position in Amphenol Co. (NYSE:APH) by 10.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 422,748 shares of the electronics maker’s stock after selling 50,050 shares during the quarter. Amphenol accounts for about 1.6% of Unigestion Holding SA’s investment portfolio, making the stock its 18th largest holding. Unigestion Holding SA’s holdings in Amphenol were worth $27,728,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of APH. LaFleur & Godfrey LLC grew its position in Amphenol by 1.5% in the fourth quarter. LaFleur & Godfrey LLC now owns 56,801 shares of the electronics maker’s stock valued at $3,945,000 after acquiring an additional 825 shares in the last quarter. Brighton Jones LLC grew its position in Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after acquiring an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC grew its position in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after acquiring an additional 4,721 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in Amphenol by 5.3% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 37,236 shares of the electronics maker’s stock valued at $2,586,000 after acquiring an additional 1,883 shares in the last quarter. Finally, KPP Advisory Services LLC grew its position in shares of Amphenol by 2.4% during the fourth quarter. KPP Advisory Services LLC now owns 8,436 shares of the electronics maker’s stock worth $586,000 after buying an additional 201 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling at Amphenol

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the firm’s stock in a transaction on Friday, May 30th. The stock was sold at an average price of $89.09, for a total value of $8,909,000.00. Following the sale, the vice president now directly owns 12,500 shares in the company, valued at approximately $1,113,625. This trade represents a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider William J. Doherty sold 160,000 shares of the firm’s stock in a transaction on Friday, May 30th. The shares were sold at an average price of $89.54, for a total value of $14,326,400.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,478,500 shares of company stock worth $268,690,805. 1.67% of the stock is owned by insiders.

Amphenol Stock Performance

Shares of APH opened at $90.27 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The stock has a market capitalization of $109.19 billion, a PE ratio of 47.14, a price-to-earnings-growth ratio of 1.92 and a beta of 1.10. Amphenol Co. has a 12-month low of $54.77 and a 12-month high of $90.42. The business’s fifty day moving average price is $75.17 and its 200 day moving average price is $71.65.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.11. The company had revenue of $4.81 billion for the quarter, compared to analysts’ expectations of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s quarterly revenue was up 47.7% compared to the same quarter last year. During the same period last year, the business posted $0.40 earnings per share. Equities research analysts forecast that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 17th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Tuesday, June 17th. Amphenol’s payout ratio is 32.04%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on APH. UBS Group raised their price target on shares of Amphenol from $85.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday. Fox Advisors raised shares of Amphenol from an “equal weight” rating to an “overweight” rating and set a $85.00 price target for the company in a research report on Thursday, April 24th. Robert W. Baird raised their price target on shares of Amphenol from $73.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday, April 24th. The Goldman Sachs Group raised their price target on shares of Amphenol from $72.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, April 24th. Finally, US Capital Advisors set a $85.00 price target on shares of Amphenol in a research report on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $84.38.

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.