Amphenol Co. (APH) Director John R. Lord Sells 2,000 Shares

Amphenol Co. (NYSE:APH) Director John R. Lord sold 2,000 shares of Amphenol stock in a transaction on Sunday, September 2nd. The shares were sold at an average price of $62.47, for a total transaction of $124,940.00. Following the completion of the sale, the director now owns 38,677 shares in the company, valued at $2,416,152.19. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Amphenol Co. (NYSE APH) traded up $0.60 during trading hours on Friday, hitting $90.83. 958,306 shares of the company’s stock were exchanged, compared to its average volume of 1,521,181. Amphenol Co. has a 1-year low of $68.57 and a 1-year high of $93.62. The stock has a market cap of $27,608.76, a PE ratio of 44.01, a P/E/G ratio of 2.66 and a beta of 0.82. The company has a quick ratio of 2.25, a current ratio of 2.95 and a debt-to-equity ratio of 0.88.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.05. Amphenol had a net margin of 9.28% and a return on equity of 26.09%. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same period last year, the company posted $0.75 EPS. The business’s revenue was up 17.7% on a year-over-year basis. equities research analysts forecast that Amphenol Co. will post 3.45 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 10th. Shareholders of record on Monday, March 19th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Friday, March 16th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.84%. Amphenol’s payout ratio is currently 37.07%.

Several large investors have recently modified their holdings of the business. CIBC Asset Management Inc grew its stake in shares of Amphenol by 2.0% in the 3rd quarter. CIBC Asset Management Inc now owns 30,016 shares of the electronics maker’s stock worth $2,541,000 after buying an additional 575 shares in the last quarter. Connable Office Inc. grew its stake in shares of Amphenol by 1.8% in the 3rd quarter. Connable Office Inc. now owns 33,706 shares of the electronics maker’s stock worth $2,853,000 after buying an additional 601 shares in the last quarter. Meadow Creek Investment Management LLC grew its stake in shares of Amphenol by 5.2% in the 4th quarter. Meadow Creek Investment Management LLC now owns 12,528 shares of the electronics maker’s stock worth $1,100,000 after buying an additional 624 shares in the last quarter. BT Investment Management Ltd grew its stake in shares of Amphenol by 10.0% in the 3rd quarter. BT Investment Management Ltd now owns 6,965 shares of the electronics maker’s stock worth $590,000 after buying an additional 631 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its stake in shares of Amphenol by 87.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,369 shares of the electronics maker’s stock worth $120,000 after buying an additional 640 shares in the last quarter. 95.51% of the stock is owned by institutional investors and hedge funds.

A number of analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Amphenol from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. SunTrust Banks reiterated a “hold” rating and issued a $89.00 price target (up from $82.00) on shares of Amphenol in a report on Thursday, January 25th. Morgan Stanley lifted their price target on shares of Amphenol from $87.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, January 25th. Cowen reiterated a “buy” rating and issued a $105.00 price target on shares of Amphenol in a report on Wednesday, January 10th. Finally, Stifel Nicolaus lifted their price target on shares of Amphenol from $78.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Six investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $92.00.

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Amphenol Company Profile

Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.

Insider Buying and Selling by Quarter for Amphenol (NYSE:APH)

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