Amphenol (NYSE:APH) PT Raised to $135.00 at UBS Group

Amphenol (NYSE:APH) had its target price boosted by UBS Group from $118.00 to $135.00 in a research note published on Tuesday, Benzinga reports. UBS Group currently has a buy rating on the electronics maker’s stock.

Several other research firms have also commented on APH. Robert W. Baird boosted their price target on Amphenol from $100.00 to $106.00 and gave the stock an outperform rating in a research report on Thursday, January 25th. Jefferies Financial Group began coverage on Amphenol in a research report on Tuesday, April 9th. They issued a hold rating and a $125.00 target price on the stock. JPMorgan Chase & Co. upped their target price on Amphenol from $118.00 to $125.00 and gave the company an overweight rating in a research report on Thursday, April 11th. Stifel Nicolaus upped their target price on Amphenol from $88.00 to $95.00 and gave the company a hold rating in a research report on Thursday, January 25th. Finally, Citigroup upped their target price on Amphenol from $117.00 to $135.00 and gave the company a buy rating in a research report on Thursday, April 4th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and an average price target of $112.00.

Amphenol Stock Up 0.2 %

APH opened at $112.58 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.17 and a quick ratio of 1.48. The stock has a market capitalization of $67.72 billion, a price-to-earnings ratio of 36.20, a price-to-earnings-growth ratio of 3.23 and a beta of 1.30. The business has a 50-day moving average of $110.51 and a two-hundred day moving average of $98.17. Amphenol has a 12 month low of $72.00 and a 12 month high of $119.59.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.05. The business had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.16 billion. Amphenol had a return on equity of 23.94% and a net margin of 15.36%. The company’s revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.78 EPS. On average, research analysts expect that Amphenol will post 3.28 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th were issued a $0.22 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.78%. Amphenol’s dividend payout ratio (DPR) is 28.30%.

Insider Activity

In other news, CFO Craig A. Lampo sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $104.67, for a total value of $10,467,000.00. Following the completion of the sale, the chief financial officer now directly 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 this hyperlink. In related news, CFO Craig A. Lampo sold 100,000 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $104.67, for a total transaction of $10,467,000.00. Following the completion of the transaction, the chief financial officer now directly owns 147,045 shares in the company, valued at approximately $15,391,200.15. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider William J. Doherty sold 170,000 shares of the company’s stock in a transaction on Friday, February 2nd. The stock was sold at an average price of $103.50, for a total value of $17,595,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 305,000 shares of company stock worth $31,846,050. 2.22% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Peoples Bank KS bought a new position in Amphenol during the 3rd quarter worth $27,000. Frazier Financial Advisors LLC acquired a new position in Amphenol during the 4th quarter worth $29,000. Mendota Financial Group LLC acquired a new position in Amphenol during the 4th quarter worth $33,000. Venturi Wealth Management LLC boosted its position in Amphenol by 75.5% during the 4th quarter. Venturi Wealth Management LLC now owns 330 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 142 shares during the period. Finally, Avior Wealth Management LLC boosted its position in Amphenol by 70.8% during the 4th quarter. Avior Wealth Management LLC now owns 333 shares of the electronics maker’s stock worth $33,000 after acquiring an additional 138 shares during the period. 97.01% of the stock is currently owned by institutional investors.

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.