Amphenol Co. (NYSE:APH) Shares Sold by PDS Planning Inc

PDS Planning Inc lessened its stake in shares of Amphenol Co. (NYSE:APH) by 3.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,739 shares of the electronics maker’s stock after selling 208 shares during the quarter. PDS Planning Inc’s holdings in Amphenol were worth $569,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Peoples Bank KS purchased a new stake in shares of Amphenol in the third quarter valued at $27,000. Mendota Financial Group LLC purchased a new stake in shares of Amphenol in the fourth quarter valued at $33,000. Venturi Wealth Management LLC lifted its holdings in shares of Amphenol by 75.5% in the fourth quarter. Venturi Wealth Management LLC now owns 330 shares of the electronics maker’s stock valued at $33,000 after purchasing an additional 142 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in shares of Amphenol by 70.8% in the fourth quarter. Avior Wealth Management LLC now owns 333 shares of the electronics maker’s stock valued at $33,000 after purchasing an additional 138 shares in the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Amphenol in the third quarter valued at $34,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

APH has been the subject of a number of research analyst reports. The Goldman Sachs Group increased their target price on Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, January 25th. JPMorgan Chase & Co. increased their price objective on Amphenol from $118.00 to $125.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Jefferies Financial Group initiated coverage on Amphenol in a report on Tuesday, April 9th. They set a “hold” rating and a $125.00 price objective for the company. Stifel Nicolaus increased their price objective on Amphenol from $88.00 to $95.00 and gave the stock a “hold” rating in a report on Thursday, January 25th. Finally, Bank of America increased their price objective on Amphenol from $117.00 to $121.00 and gave the stock a “buy” rating in a report on Thursday, April 18th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $113.75.

Amphenol Stock Performance

Shares of NYSE:APH traded up $1.98 during midday trading on Tuesday, hitting $113.84. The company’s stock had a trading volume of 1,437,171 shares, compared to its average volume of 2,742,762. The stock has a market capitalization of $68.48 billion, a price-to-earnings ratio of 35.97, a PEG ratio of 2.95 and a beta of 1.30. The stock’s 50 day simple moving average is $111.01 and its 200 day simple moving average is $98.97. Amphenol Co. has a fifty-two week low of $72.00 and a fifty-two week high of $119.59. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.48 and a current ratio of 2.17.

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

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Tuesday, March 19th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend was Monday, March 18th. Amphenol’s dividend payout ratio (DPR) is presently 28.30%.

Insider Buying and Selling

In related news, insider Peter Straub sold 20,000 shares of Amphenol stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total transaction of $2,212,800.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Peter Straub sold 20,000 shares of Amphenol stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $110.64, for a total transaction of $2,212,800.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Lance E. D’amico sold 15,000 shares of Amphenol stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $104.75, for a total value of $1,571,250.00. Following the sale, the vice president now directly owns 25,700 shares in the company, valued at $2,692,075. The disclosure for this sale can be found here. Insiders have sold a total of 305,000 shares of company stock valued at $31,846,050 over the last three months. 1.80% of the stock is owned by corporate insiders.

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.