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.
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