Amphenol Co. (NYSE:APH) Shares Sold by Trust Co. of Oklahoma

Trust Co. of Oklahoma lowered its holdings in Amphenol Co. (NYSE:APH) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,916 shares of the electronics maker’s stock after selling 1,383 shares during the quarter. Trust Co. of Oklahoma’s holdings in Amphenol were worth $1,175,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Trifecta Capital Advisors LLC lifted its stake in shares of Amphenol by 352.1% in the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 338 shares during the period. Core Alternative Capital increased its holdings in Amphenol by 100.0% in the second quarter. Core Alternative Capital now owns 462 shares of the electronics maker’s stock valued at $31,000 after buying an additional 231 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares during the period. Continuum Advisory LLC boosted its stake in shares of Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 234 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in shares of Amphenol by 100.3% in the 2nd quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker’s stock worth $44,000 after acquiring an additional 324 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have commented on APH shares. JPMorgan Chase & Co. boosted their target price on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday. Citigroup raised their target price on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. TD Cowen raised their price objective on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Evercore ISI upped their target price on Amphenol from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Robert W. Baird boosted their price target on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $73.79.

Insider Activity at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 150,000 shares of Amphenol stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the transaction, the chief financial officer now directly owns 218,116 shares of the company’s stock, valued at $14,997,656.16. The trade was a 40.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 180,000 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total transaction of $12,391,200.00. Following the completion of the sale, the vice president now directly owns 14,000 shares of the company’s stock, valued at $963,760. The trade was a 92.78 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,842,672 shares of company stock worth $128,858,080. 1.80% of the stock is owned by insiders.

Amphenol Stock Up 7.0 %

Shares of NYSE:APH opened at $77.84 on Thursday. Amphenol Co. has a 12-month low of $48.52 and a 12-month high of $78.25. The stock’s 50-day moving average price is $71.86 and its two-hundred day moving average price is $67.86. The company has a current ratio of 1.99, a quick ratio of 1.33 and a debt-to-equity ratio of 0.53. The firm has a market cap of $93.84 billion, a price-to-earnings ratio of 44.73, a PEG ratio of 1.98 and a beta of 1.24.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4,051,810 billion. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. Amphenol’s revenue was up 29.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.82 earnings per share. On average, research analysts forecast that Amphenol Co. will post 1.84 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th were given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.85%. The ex-dividend date was Tuesday, December 17th. Amphenol’s dividend payout ratio (DPR) is currently 37.93%.

Amphenol Company Profile

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.