Amphenol Co. (NYSE:APH) VP Lance E. D’amico Sells 40,000 Shares

Amphenol Co. (NYSE:APHGet Rating) VP Lance E. D’amico sold 40,000 shares of the firm’s stock in a transaction dated Thursday, November 10th. The stock was sold at an average price of $78.79, for a total value of $3,151,600.00. Following the sale, the vice president now directly owns 25,700 shares in the company, valued at approximately $2,024,903. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Amphenol Stock Performance

Shares of NYSE APH opened at $78.67 on Tuesday. The company has a current ratio of 2.38, a quick ratio of 1.60 and a debt-to-equity ratio of 0.72. Amphenol Co. has a 12 month low of $61.67 and a 12 month high of $88.45. The stock has a 50 day moving average of $72.38 and a 200-day moving average of $71.23. The company has a market capitalization of $46.82 billion, a P/E ratio of 26.40, a P/E/G ratio of 2.34 and a beta of 1.25.

Amphenol (NYSE:APHGet Rating) last issued its earnings results on Wednesday, October 26th. The electronics maker reported $0.80 EPS for the quarter, topping the consensus estimate of $0.75 by $0.05. The company had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.11 billion. Amphenol had a return on equity of 28.02% and a net margin of 14.98%. The firm’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.65 EPS. As a group, equities research analysts predict that Amphenol Co. will post 2.98 EPS for the current year.

Amphenol Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 11th. Investors of record on Tuesday, December 20th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, December 19th. This is an increase from Amphenol’s previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a yield of 1.07%. Amphenol’s payout ratio is 26.85%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on APH. UBS Group lifted their target price on Amphenol from $88.00 to $93.00 and gave the company a “buy” rating in a research report on Tuesday, August 23rd. StockNews.com lowered Amphenol from a “buy” rating to a “hold” rating in a research report on Friday, November 4th. Finally, JPMorgan Chase & Co. boosted their price target on Amphenol from $86.00 to $97.00 and gave the stock an “overweight” rating in a research report on Monday, October 10th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $85.00.

Institutional Trading of Amphenol

Several institutional investors have recently added to or reduced their stakes in the company. Lindbrook Capital LLC boosted its stake in Amphenol by 10.8% in the 2nd quarter. Lindbrook Capital LLC now owns 1,355 shares of the electronics maker’s stock valued at $87,000 after purchasing an additional 132 shares during the period. ICA Group Wealth Management LLC lifted its position in shares of Amphenol by 2.5% during the 3rd quarter. ICA Group Wealth Management LLC now owns 5,461 shares of the electronics maker’s stock valued at $366,000 after acquiring an additional 134 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Amphenol by 6.3% during the 2nd quarter. Jones Financial Companies Lllp now owns 2,334 shares of the electronics maker’s stock valued at $150,000 after acquiring an additional 138 shares during the period. CNB Bank lifted its position in shares of Amphenol by 3.8% during the 2nd quarter. CNB Bank now owns 3,828 shares of the electronics maker’s stock valued at $247,000 after acquiring an additional 141 shares during the period. Finally, ICW Investment Advisors LLC lifted its position in shares of Amphenol by 2.6% during the 1st quarter. ICW Investment Advisors LLC now owns 5,741 shares of the electronics maker’s stock valued at $433,000 after acquiring an additional 146 shares during the period. 93.50% of the stock is currently owned by institutional investors.

Amphenol Company Profile

(Get Rating)

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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