Amphenol Co. (NYSE:APH) Shares Acquired by Catalina Capital Group LLC

Catalina Capital Group LLC boosted its stake in Amphenol Co. (NYSE:APHFree Report) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,600 shares of the electronics maker’s stock after buying an additional 201 shares during the quarter. Catalina Capital Group LLC’s holdings in Amphenol were worth $319,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Princeton Global Asset Management LLC raised its stake in Amphenol by 0.6% during the 4th quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker’s stock worth $1,634,000 after acquiring an additional 136 shares in the last quarter. Fortitude Family Office LLC lifted its holdings in shares of Amphenol by 13.9% during the third quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker’s stock worth $84,000 after purchasing an additional 158 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in shares of Amphenol by 50.0% in the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares in the last quarter. Fragasso Financial Advisors Inc raised its stake in shares of Amphenol by 4.7% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock worth $266,000 after buying an additional 171 shares in the last quarter. Finally, AlphaMark Advisors LLC raised its position in Amphenol by 0.5% in the fourth quarter. AlphaMark Advisors LLC now owns 34,209 shares of the electronics maker’s stock worth $2,376,000 after acquiring an additional 180 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on APH. JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. TD Cowen lifted their price objective on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Truist Financial increased their target price on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Bank of America boosted their price target on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Finally, Evercore ISI increased their price objective on Amphenol from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Five equities research 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $80.68.

Read Our Latest Stock Report on Amphenol

Amphenol Stock Down 1.0 %

APH stock opened at $70.11 on Tuesday. The firm has a fifty day moving average price of $71.89 and a two-hundred day moving average price of $68.01. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. Amphenol Co. has a 1-year low of $51.03 and a 1-year high of $79.39. The firm has a market cap of $84.52 billion, a price-to-earnings ratio of 36.61, a PEG ratio of 2.17 and a beta of 1.23.

Amphenol (NYSE:APHGet Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.82 EPS. Research analysts predict that Amphenol Co. will post 2.26 EPS for the current year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 0.94%. Amphenol’s dividend payout ratio is presently 34.46%.

Insider Activity at Amphenol

In related news, CFO Craig A. Lampo sold 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $71.56, for a total transaction of $21,468,000.00. Following the transaction, the chief financial officer now owns 318,116 shares in the company, valued at $22,764,380.96. This trade represents a 48.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Peter Straub sold 132,000 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $74.12, for a total value of $9,783,840.00. The disclosure for this sale can be found here. Insiders have sold a total of 612,000 shares of company stock worth $44,177,640 in the last three months. 1.80% of the stock is owned by company insiders.

About Amphenol

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Amphenol (NYSE:APH)

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.