Amphenol Corporation $APH Position Boosted by Dynasty Wealth Management LLC

Dynasty Wealth Management LLC boosted its holdings in Amphenol Corporation (NYSE:APH) by 45.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,152 shares of the electronics maker’s stock after acquiring an additional 3,480 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Amphenol were worth $1,380,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Jackson Thornton Wealth Management LLC increased its holdings in shares of Amphenol by 80.4% during the third quarter. Jackson Thornton Wealth Management LLC now owns 4,001 shares of the electronics maker’s stock valued at $503,000 after purchasing an additional 1,783 shares during the period. Inscription Capital LLC increased its stake in Amphenol by 23.0% during the 3rd quarter. Inscription Capital LLC now owns 35,739 shares of the electronics maker’s stock valued at $4,423,000 after buying an additional 6,690 shares during the period. Americana Partners LLC lifted its stake in shares of Amphenol by 2.9% in the 3rd quarter. Americana Partners LLC now owns 65,043 shares of the electronics maker’s stock worth $8,049,000 after acquiring an additional 1,813 shares during the period. Root Financial Partners LLC bought a new position in shares of Amphenol in the third quarter valued at approximately $234,000. Finally, Parsons Capital Management Inc. RI increased its stake in shares of Amphenol by 52.6% during the third quarter. Parsons Capital Management Inc. RI now owns 4,961 shares of the electronics maker’s stock valued at $614,000 after acquiring an additional 1,711 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

APH has been the subject of a number of research analyst reports. Robert W. Baird set a $139.00 target price on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Citigroup restated a “buy” rating and issued a $175.00 price objective (up previously from $160.00) on shares of Amphenol in a report on Monday, January 12th. Evercore ISI reaffirmed an “outperform” rating and set a $165.00 target price on shares of Amphenol in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Finally, Fox Advisors restated an “outperform” rating on shares of Amphenol in a research report on Friday, January 9th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $147.62.

Insiders Place Their Bets

In other news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the sale, the vice president owned 76,400 shares in the company, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total value of $5,750,906.00. Following the transaction, the chief financial officer owned 39,884 shares in the company, valued at $5,723,354. This represents a 50.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,063,194 shares of company stock worth $148,244,445 in the last quarter. Corporate insiders own 1.67% of the company’s stock.

Amphenol Trading Down 1.4%

Shares of NYSE APH opened at $152.29 on Wednesday. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $156.28. The company has a market cap of $186.41 billion, a price-to-earnings ratio of 50.76, a P/E/G ratio of 0.97 and a beta of 1.21. The business has a fifty day simple moving average of $138.49 and a 200-day simple moving average of $124.67.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the previous year, the company earned $0.50 EPS. The business’s revenue for the quarter was up 53.4% compared to the same quarter last year. Sell-side analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.