Amphenol (NYSE:APH) PT Raised to $135.00

Amphenol (NYSE:APH) had its price objective increased by UBS Group from $118.00 to $135.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the electronics maker’s stock. UBS Group’s price target would suggest a potential upside of 21.09% from the company’s previous close.

Several other analysts also recently commented on the stock. Evercore ISI increased their price objective on shares of Amphenol from $110.00 to $125.00 and gave the company an “outperform” rating in a research report on Monday, March 25th. Robert W. Baird increased their price objective on shares of Amphenol from $100.00 to $106.00 and gave the company an “outperform” rating in a research report on Thursday, January 25th. The Goldman Sachs Group increased their price objective on shares of Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $118.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Finally, Stifel Nicolaus raised their price target on shares of Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a report on Thursday, January 25th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $112.00.

Amphenol Stock Down 1.0 %

NYSE:APH opened at $111.49 on Tuesday. The firm’s 50-day moving average price is $110.65 and its 200-day moving average price is $98.26. The company has a market capitalization of $67.07 billion, a PE ratio of 35.85, a P/E/G ratio of 3.21 and a beta of 1.30. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.17 and a quick ratio of 1.48. Amphenol has a 1-year low of $72.00 and a 1-year high of $119.59.

Amphenol (NYSE:APH) last announced its quarterly earnings data 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 net margin of 15.36% and a return on equity of 23.94%. The company had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. During the same period in the prior year, the firm posted $0.78 EPS. Amphenol’s revenue for the quarter was up 2.7% on a year-over-year basis. On average, equities analysts predict that Amphenol will post 3.28 EPS for the current fiscal year.

Insider Transactions at Amphenol

In other news, CFO Craig A. Lampo sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $104.67, for a total value of $10,467,000.00. Following the transaction, the chief financial officer now owns 147,045 shares in the company, valued at approximately $15,391,200.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Craig A. Lampo sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $104.67, for a total value of $10,467,000.00. Following the transaction, the chief financial officer now owns 147,045 shares in the company, valued at approximately $15,391,200.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Lance E. D’amico sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $104.75, for a total transaction of $1,571,250.00. Following the sale, the vice president now owns 25,700 shares in the company, valued at approximately $2,692,075. The disclosure for this sale can be found here. Insiders have sold 305,000 shares of company stock worth $31,846,050 in the last quarter. Company insiders own 2.22% of the company’s stock.

Institutional Investors Weigh In On Amphenol

A number of institutional investors and hedge funds have recently added to or reduced their stakes in APH. Peoples Bank KS bought a new stake in Amphenol during the 3rd quarter worth approximately $27,000. Frazier Financial Advisors LLC bought a new stake in Amphenol during the 4th quarter worth approximately $29,000. Mendota Financial Group LLC bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $33,000. Venturi Wealth Management LLC raised its position in shares of Amphenol by 75.5% during the fourth quarter. Venturi Wealth Management LLC now owns 330 shares of the electronics maker’s stock valued at $33,000 after buying an additional 142 shares during the last quarter. Finally, Avior Wealth Management LLC raised its position in shares of Amphenol by 70.8% during the fourth quarter. Avior Wealth Management LLC now owns 333 shares of the electronics maker’s stock valued at $33,000 after buying an additional 138 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

About Amphenol

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.