Amphenol Co. (NYSE:APH) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Amphenol Co. (NYSE:APH) by 19.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 118,992 shares of the electronics maker’s stock after buying an additional 19,489 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Amphenol were worth $11,796,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in APH. Peoples Bank KS purchased a new position in shares of Amphenol during the third quarter valued at approximately $27,000. Venturi Wealth Management LLC lifted its stake 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 period. Mendota Financial Group LLC purchased a new position in shares of Amphenol during the fourth quarter valued at approximately $33,000. Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Amphenol during the third quarter valued at approximately $34,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of Amphenol during the first quarter valued at approximately $33,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amphenol

In other Amphenol news, VP Lance E. D’amico sold 15,000 shares of the stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $104.75, for a total transaction of $1,571,250.00. Following the transaction, the vice president now directly owns 25,700 shares in the company, valued at approximately $2,692,075. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, VP Lance E. D’amico sold 15,000 shares of Amphenol stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $104.75, for a total value of $1,571,250.00. Following the completion of the transaction, the vice president now directly 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 Securities & Exchange Commission, which is available at this link. Also, insider Peter Straub sold 20,000 shares of Amphenol stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $110.64, for a total transaction of $2,212,800.00. 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 ninety days. 2.22% of the stock is owned by insiders.

Amphenol Price Performance

APH opened at $110.21 on Friday. The company has a fifty day simple moving average of $110.87 and a 200 day simple moving average of $98.54. The firm has a market cap of $66.30 billion, a price-to-earnings ratio of 35.44, a PEG ratio of 3.18 and a beta of 1.30. Amphenol Co. has a twelve month low of $72.00 and a twelve month high of $119.59. 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 (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The firm 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. The firm’s revenue was up 2.7% compared to the same quarter last year. Equities research analysts expect that Amphenol Co. will post 3.28 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a yield of 0.80%. Amphenol’s dividend payout ratio (DPR) is 28.30%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Citigroup increased their price target on shares of Amphenol from $117.00 to $135.00 and gave the stock a “buy” rating in a research note on Thursday, April 4th. Bank of America increased their price target on shares of Amphenol from $117.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. increased their price target on shares of Amphenol from $118.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Evercore ISI increased their price objective on shares of Amphenol from $110.00 to $125.00 and gave the stock an “outperform” rating in a research report on Monday, March 25th. Finally, The Goldman Sachs Group increased their price objective on shares of Amphenol from $107.00 to $119.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Amphenol has an average rating of “Moderate Buy” and an average price target of $113.75.

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.