Lance E. D’amico Sells 15,000 Shares of Amphenol Co. (NYSE:APH) Stock

Amphenol Co. (NYSE:APHGet Free Report) VP Lance E. D’amico sold 15,000 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $104.75, for a total value of $1,571,250.00. Following the completion of the sale, the vice president now owns 25,700 shares of the company’s stock, valued at approximately $2,692,075. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Amphenol Stock Performance

Shares of APH opened at $105.29 on Monday. The business’s fifty day simple moving average is $98.15 and its two-hundred day simple moving average is $90.11. 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 12 month low of $72.00 and a 12 month high of $105.41. The company has a market cap of $63.16 billion, a price-to-earnings ratio of 33.86, a P/E/G ratio of 3.07 and a beta of 1.30.

Amphenol (NYSE:APHGet Free Report) last issued its earnings results on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, beating the consensus estimate of $0.77 by $0.05. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same period last year, the business posted $0.78 EPS. The company’s revenue was up 2.7% compared to the same quarter last year. Research analysts anticipate 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. Shareholders of record on Tuesday, March 19th will be paid a dividend of $0.22 per share. The ex-dividend date is Monday, March 18th. This represents a $0.88 annualized dividend and a yield of 0.84%. Amphenol’s dividend payout ratio is 28.30%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Truist Financial increased their target price on Amphenol from $97.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, December 15th. Citigroup assumed coverage on Amphenol in a research report on Friday, January 5th. They issued a “buy” rating and a $117.00 target price for the company. Stifel Nicolaus increased their target price on Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a research report on Thursday, January 25th. Robert W. Baird increased their target price on Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a research report on Thursday, January 25th. Finally, The Goldman Sachs Group raised their price objective on Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $102.11.

Read Our Latest Stock Report on Amphenol

Institutional Trading of Amphenol

Institutional investors have recently added to or reduced their stakes in the business. Nomura Asset Management Co. Ltd. boosted its stake in shares of Amphenol by 4.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 155,498 shares of the electronics maker’s stock worth $15,415,000 after buying an additional 6,580 shares during the last quarter. Team Hewins LLC purchased a new position in shares of Amphenol in the 4th quarter worth $380,000. TCW Group Inc. boosted its stake in shares of Amphenol by 42.4% in the 4th quarter. TCW Group Inc. now owns 137,933 shares of the electronics maker’s stock worth $13,676,000 after buying an additional 41,058 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Amphenol by 25.7% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 13,330 shares of the electronics maker’s stock worth $1,321,000 after buying an additional 2,729 shares during the last quarter. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Amphenol in the 4th quarter worth $29,000. 93.46% of the stock is currently owned by hedge funds and other institutional investors.

About Amphenol

(Get 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.

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

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