Amphenol Corporation $APH Shares Acquired by Waverly Advisors LLC

Waverly Advisors LLC grew its holdings in Amphenol Corporation (NYSE:APH) by 15.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 31,493 shares of the electronics maker’s stock after purchasing an additional 4,153 shares during the quarter. Waverly Advisors LLC’s holdings in Amphenol were worth $3,979,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd boosted its position in Amphenol by 85.0% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 198 shares of the electronics maker’s stock valued at $25,000 after buying an additional 91 shares during the period. Vermillion & White Wealth Management Group LLC grew its stake in shares of Amphenol by 163.8% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 182 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 113 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its position in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the period. Tucker Asset Management LLC acquired a new stake in shares of Amphenol in the fourth quarter valued at $26,000. Finally, HHM Wealth Advisors LLC purchased a new position in Amphenol in the first quarter valued at $27,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Truist Financial boosted their target price on Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Barclays reaffirmed an “overweight” rating and issued a $200.00 price target (up from $198.00) on shares of Amphenol in a research report on Monday, July 13th. Seaport Research Partners reissued a “buy” rating and set a $215.00 price objective on shares of Amphenol in a research report on Thursday, April 30th. BNP Paribas Exane upped their target price on shares of Amphenol from $195.00 to $200.00 and gave the stock an “outperform” rating in a research note on Thursday, May 28th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $186.00.

Amphenol Stock Performance

NYSE:APH opened at $143.82 on Wednesday. Amphenol Corporation has a 12 month low of $102.76 and a 12 month high of $178.52. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.71 and a quick ratio of 1.26. The firm has a market capitalization of $176.93 billion, a PE ratio of 41.33, a price-to-earnings-growth ratio of 1.28 and a beta of 1.24. The business’s fifty day moving average price is $153.78 and its 200 day moving average price is $144.78.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. Amphenol had a return on equity of 37.44% and a net margin of 17.24%.The company had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.08 billion. During the same period in the previous year, the business earned $0.63 EPS. Amphenol’s revenue for the quarter was up 58.4% on a year-over-year basis. On average, sell-side analysts anticipate that Amphenol Corporation will post 4.87 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, June 23rd. Amphenol’s dividend payout ratio (DPR) is 28.74%.

Insiders Place Their Bets

In related news, CEO Richard Adam Norwitt sold 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $143.21, for a total value of $2,506,175.00. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $276,038,277.47. This represents a 0.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 130,775 shares of company stock worth $18,709,350 in the last three months. 1.42% of the stock is owned by insiders.

Amphenol Company 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.