Amphenol Co. (NYSE:APH) Shares Sold by Fiera Capital Corp

Fiera Capital Corp decreased its position in Amphenol Co. (NYSE:APH) by 0.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 872,789 shares of the electronics maker’s stock after selling 3,391 shares during the period. Fiera Capital Corp owned about 0.07% of Amphenol worth $56,871,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. B. Riley Wealth Advisors Inc. lifted its stake in shares of Amphenol by 0.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 31,286 shares of the electronics maker’s stock valued at $3,609,000 after purchasing an additional 80 shares in the last quarter. Atomi Financial Group Inc. raised its holdings in Amphenol by 1.7% in the first quarter. Atomi Financial Group Inc. now owns 4,720 shares of the electronics maker’s stock valued at $544,000 after buying an additional 81 shares during the period. Pinnacle Wealth Planning Services Inc. lifted its position in Amphenol by 1.5% during the first quarter. Pinnacle Wealth Planning Services Inc. now owns 6,076 shares of the electronics maker’s stock valued at $701,000 after buying an additional 88 shares in the last quarter. Nicolet Advisory Services LLC grew its stake in Amphenol by 3.4% during the first quarter. Nicolet Advisory Services LLC now owns 2,724 shares of the electronics maker’s stock worth $313,000 after buying an additional 89 shares during the period. Finally, Meeder Advisory Services Inc. increased its position in shares of Amphenol by 0.9% in the first quarter. Meeder Advisory Services Inc. now owns 12,696 shares of the electronics maker’s stock worth $1,464,000 after acquiring an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

APH has been the topic of several recent research reports. Truist Financial lifted their target price on shares of Amphenol from $76.00 to $82.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Vertical Research began coverage on Amphenol in a research report on Tuesday, July 23rd. They issued a “hold” rating and a $65.00 target price for the company. Robert W. Baird raised their target price on Amphenol from $71.00 to $77.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. TD Cowen boosted their price target on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Finally, Bank of America increased their price objective on shares of Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $69.63.

Insider Activity at Amphenol

In other Amphenol news, VP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $65.63, for a total value of $6,563,000.00. Following the sale, the vice president now directly owns 51,400 shares in the company, valued at approximately $3,373,382. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Amphenol news, VP David M. Silverman sold 180,000 shares of Amphenol stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $71.81, for a total transaction of $12,925,800.00. Following the sale, the vice president now owns 14,000 shares of the company’s stock, valued at $1,005,340. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lance E. D’amico sold 100,000 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $65.63, for a total value of $6,563,000.00. Following the transaction, the vice president now owns 51,400 shares of the company’s stock, valued at $3,373,382. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,110,672 shares of company stock worth $145,386,240 in the last 90 days. 1.80% of the stock is currently owned by company insiders.

Amphenol Stock Performance

Shares of APH stock traded up $0.30 on Friday, hitting $74.25. 1,606,421 shares of the stock traded hands, compared to its average volume of 6,636,129. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.99 and a quick ratio of 1.33. Amphenol Co. has a 1-year low of $42.44 and a 1-year high of $74.50. The company’s fifty day moving average is $65.44 and its 200 day moving average is $65.34. The company has a market capitalization of $89.52 billion, a PE ratio of 42.68, a PEG ratio of 2.27 and a beta of 1.23.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $3.81 billion. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. The company’s revenue for the quarter was up 26.3% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. On average, equities research analysts predict that Amphenol Co. will post 1.84 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.89%. The ex-dividend date is Tuesday, December 17th. Amphenol’s dividend payout ratio (DPR) is 37.93%.

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.