1,200 Shares in Amphenol Co. (NYSE:APH) Purchased by Berbice Capital Management LLC

Berbice Capital Management LLC purchased a new stake in shares of Amphenol Co. (NYSE:APH) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,200 shares of the electronics maker’s stock, valued at approximately $83,000.

Several other institutional investors also recently bought and sold shares of APH. Trifecta Capital Advisors LLC raised its position in Amphenol by 352.1% during the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after acquiring an additional 338 shares in the last quarter. Core Alternative Capital raised its position in Amphenol by 100.0% during the second quarter. Core Alternative Capital now owns 462 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 231 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in Amphenol by 50.0% during the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares in the last quarter. Continuum Advisory LLC raised its position in Amphenol by 89.3% during the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 234 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its position in shares of Amphenol by 100.3% in the second quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker’s stock valued at $44,000 after buying an additional 324 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Amphenol

In other Amphenol news, insider Peter Straub sold 132,000 shares of Amphenol stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $74.12, for a total value of $9,783,840.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP David M. Silverman sold 180,000 shares of Amphenol stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $68.84, for a total value of $12,391,200.00. Following the completion of the sale, the vice president now owns 14,000 shares in the company, valued at approximately $963,760. This trade represents a 92.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,842,672 shares of company stock valued at $128,858,080. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

APH has been the topic of a number of research analyst reports. Bank of America lifted their price target on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday. The Goldman Sachs Group lifted their price target on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday. TD Cowen lifted their price target on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Citigroup boosted their price objective on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. 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 stock. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $77.92.

Amphenol Price Performance

APH stock opened at $78.32 on Friday. The business’s fifty day moving average price is $71.86 and its 200 day moving average price is $67.86. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 12-month low of $49.38 and a 12-month high of $78.98. The company has a market capitalization of $94.42 billion, a PE ratio of 40.80, a P/E/G ratio of 2.12 and a beta of 1.24.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4,051,810 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. Amphenol’s revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.82 EPS. On average, sell-side analysts anticipate that Amphenol Co. will post 2.17 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Tuesday, December 17th. Amphenol’s dividend payout ratio (DPR) is presently 34.46%.

Amphenol 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.