Annis Gardner Whiting Capital Advisors LLC Acquires Shares of 406 Amphenol Co. (NYSE:APH)

Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Amphenol Co. (NYSE:APHFree Report) in the 3rd quarter, HoldingsChannel reports. The fund acquired 406 shares of the electronics maker’s stock, valued at approximately $34,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Massmutual Trust Co. FSB ADV boosted its stake in shares of Amphenol by 6.0% in the third quarter. Massmutual Trust Co. FSB ADV now owns 2,217 shares of the electronics maker’s stock valued at $186,000 after purchasing an additional 126 shares during the period. Welch & Forbes LLC boosted its stake in shares of Amphenol by 1.5% in the third quarter. Welch & Forbes LLC now owns 8,773 shares of the electronics maker’s stock valued at $737,000 after purchasing an additional 126 shares during the period. Mutual Advisors LLC boosted its stake in shares of Amphenol by 4.5% in the second quarter. Mutual Advisors LLC now owns 3,008 shares of the electronics maker’s stock valued at $256,000 after purchasing an additional 129 shares during the period. Harvest Fund Management Co. Ltd boosted its stake in shares of Amphenol by 4.4% in the third quarter. Harvest Fund Management Co. Ltd now owns 3,055 shares of the electronics maker’s stock valued at $257,000 after purchasing an additional 130 shares during the period. Finally, Ronald Blue Trust Inc. lifted its stake in Amphenol by 1.8% in the third quarter. Ronald Blue Trust Inc. now owns 7,626 shares of the electronics maker’s stock worth $648,000 after acquiring an additional 136 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Amphenol Stock Up 0.4 %

APH stock opened at $105.29 on Friday. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.47. Amphenol Co. has a twelve month low of $72.00 and a twelve month high of $105.41. The company’s 50 day moving average is $98.15 and its two-hundred day moving average is $90.10. The stock has a market cap of $63.16 billion, a P/E ratio of 33.86, a PEG ratio of 3.06 and a beta of 1.30.

Amphenol (NYSE:APHGet Free Report) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. The company had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter last year, the company earned $0.78 earnings per share. Research analysts expect that Amphenol Co. will post 3.26 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th will be issued a $0.22 dividend. The ex-dividend date is Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.84%. Amphenol’s payout ratio is 28.30%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Truist Financial lifted their price target on shares of Amphenol from $97.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, December 15th. Robert W. Baird lifted their price target on shares of Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a research note on Thursday, January 25th. The Goldman Sachs Group lifted their price target on shares of Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a research note on Thursday, January 25th. Stifel Nicolaus lifted their price target on shares of Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a research note on Thursday, January 25th. Finally, Citigroup initiated coverage on shares of Amphenol in a research note on Friday, January 5th. They issued a “buy” rating and a $117.00 price target for the company. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $102.11.

Read Our Latest Research Report on Amphenol

Insider Activity

In other news, VP David M. Silverman sold 75,000 shares of Amphenol stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $89.51, for a total value of $6,713,250.00. Following the transaction, the vice president now directly owns 7,000 shares of the company’s stock, valued at approximately $626,570. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Amphenol news, VP Lance E. D’amico sold 15,000 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $104.75, for a total value of $1,571,250.00. Following the transaction, the vice president now directly owns 25,700 shares of the company’s stock, valued at approximately $2,692,075. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP David M. Silverman sold 75,000 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $89.51, for a total transaction of $6,713,250.00. Following the completion of the transaction, the vice president now directly owns 7,000 shares in the company, valued at $626,570. The disclosure for this sale can be found here. Insiders have sold 360,000 shares of company stock valued at $36,346,500 in the last ninety days. 2.22% of the stock is currently owned by company insiders.

Amphenol Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Co. (NYSE:APHFree Report).

Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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