Amphenol Co. (NYSE:APH) Shares Purchased by Sivia Capital Partners LLC

Sivia Capital Partners LLC grew its stake in shares of Amphenol Co. (NYSE:APH) by 61.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,127 shares of the electronics maker’s stock after purchasing an additional 3,108 shares during the quarter. Sivia Capital Partners LLC’s holdings in Amphenol were worth $533,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Amphenol by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker’s stock worth $10,565,279,000 after purchasing an additional 2,108,578 shares in the last quarter. FMR LLC lifted its stake in shares of Amphenol by 2.6% during the fourth quarter. FMR LLC now owns 104,250,575 shares of the electronics maker’s stock worth $7,240,202,000 after purchasing an additional 2,643,752 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Amphenol by 36.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 58,911,813 shares of the electronics maker’s stock worth $4,091,426,000 after purchasing an additional 15,837,407 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Amphenol by 2.7% during the fourth quarter. Geode Capital Management LLC now owns 25,325,653 shares of the electronics maker’s stock worth $1,754,672,000 after purchasing an additional 659,560 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Amphenol by 294.0% during the fourth quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker’s stock worth $1,733,027,000 after acquiring an additional 18,619,417 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Up 1.0%

Shares of Amphenol stock opened at $93.42 on Friday. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The firm has a market cap of $113.00 billion, a P/E ratio of 48.78, a P/E/G ratio of 1.92 and a beta of 1.12. Amphenol Co. has a fifty-two week low of $54.77 and a fifty-two week high of $93.68. The business has a 50-day moving average price of $77.23 and a 200 day moving average price of $72.25.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.11. The firm had revenue of $4.81 billion during the quarter, compared to analyst estimates of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. Amphenol’s quarterly revenue was up 47.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.40 earnings per share. On average, sell-side analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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. The ex-dividend date is Tuesday, June 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.71%. Amphenol’s payout ratio is currently 32.04%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on APH. US Capital Advisors set a $85.00 target price on Amphenol in a research report on Thursday, April 24th. JPMorgan Chase & Co. lifted their target price on Amphenol from $85.00 to $91.00 and gave the stock an “overweight” rating in a research report on Thursday, April 24th. Evercore ISI lifted their target price on Amphenol from $88.00 to $105.00 and gave the stock an “outperform” rating in a research report on Thursday. TD Securities lifted their target price on Amphenol from $63.00 to $70.00 and gave the stock a “hold” rating in a research report on Thursday, May 1st. Finally, UBS Group lifted their target price on Amphenol from $85.00 to $106.00 and gave the stock a “buy” rating in a research report on Friday, May 30th. Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus target price of $86.31.

Insider Buying and Selling at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 2,000,000 shares of Amphenol stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $75.73, for a total value of $151,460,000.00. Following the completion of the transaction, the chief executive officer now directly owns 2,002,507 shares in the company, valued at $151,649,855.11. The trade was a 49.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Luc Walter sold 286,000 shares of Amphenol stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $91.43, for a total value of $26,148,980.00. Following the completion of the transaction, the insider now owns 451,790 shares of the company’s stock, valued at approximately $41,307,159.70. The trade was a 38.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,764,500 shares of company stock worth $294,839,785 over the last ninety days. Company insiders own 1.67% of the company’s stock.

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.