Mutual of America Capital Management LLC Has $25.10 Million Stock Holdings in Amphenol Corporation $APH

Mutual of America Capital Management LLC increased its stake in Amphenol Corporation (NYSE:APH) by 1.7% during the third quarter, Holdings Channel.com reports. The fund owned 202,808 shares of the electronics maker’s stock after buying an additional 3,391 shares during the period. Mutual of America Capital Management LLC’s holdings in Amphenol were worth $25,097,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in APH. Norges Bank acquired a new position in Amphenol in the second quarter valued at $2,104,244,000. Holocene Advisors LP grew its stake in Amphenol by 201.2% during the second quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock worth $381,909,000 after purchasing an additional 2,583,628 shares during the period. Jennison Associates LLC acquired a new position in Amphenol in the third quarter valued at approximately $287,947,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Amphenol during the 2nd quarter worth approximately $225,757,000. Finally, Geode Capital Management LLC increased its stake in shares of Amphenol by 8.4% in the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after acquiring an additional 2,217,079 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

NYSE:APH opened at $150.97 on Monday. The business’s fifty day moving average is $139.45 and its 200 day moving average is $125.83. The firm has a market cap of $184.79 billion, a price-to-earnings ratio of 50.32, a PEG ratio of 0.92 and a beta of 1.21. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $157.54.

Insider Buying and Selling

In other news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the sale, the vice president directly owned 76,400 shares of the company’s stock, valued at approximately $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. This represents a 90.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 698,076 shares of company stock valued at $99,081,306. Corporate insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

APH has been the topic of a number of recent research reports. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. UBS Group reissued a “buy” rating and set a $174.00 target price (up from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. Truist Financial set a $182.00 price target on Amphenol in a research note on Tuesday, January 13th. Citigroup restated a “buy” rating and issued a $175.00 target price (up from $160.00) on shares of Amphenol in a research note on Monday, January 12th. Finally, Robert W. Baird set a $139.00 price target on Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.62.

Amphenol Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.