Beaumont Financial Advisors LLC Invests $338,000 in Amphenol Co. (NYSE:APH)

Beaumont Financial Advisors LLC bought a new stake in Amphenol Co. (NYSE:APH - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 4,868 shares of the electronics maker's stock, valued at approximately $338,000.

A number of other large investors have also recently added to or reduced their stakes in the business. XTX Topco Ltd purchased a new stake in Amphenol in the 2nd quarter valued at about $242,000. AE Wealth Management LLC boosted its position in shares of Amphenol by 154.7% during the 2nd quarter. AE Wealth Management LLC now owns 7,690 shares of the electronics maker's stock worth $518,000 after purchasing an additional 4,671 shares during the period. 1832 Asset Management L.P. increased its holdings in Amphenol by 132.0% in the 2nd quarter. 1832 Asset Management L.P. now owns 83,207 shares of the electronics maker's stock valued at $5,606,000 after purchasing an additional 47,341 shares during the last quarter. Gabelli Funds LLC raised its position in Amphenol by 100.0% in the second quarter. Gabelli Funds LLC now owns 83,000 shares of the electronics maker's stock valued at $5,592,000 after purchasing an additional 41,500 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in Amphenol by 107.6% during the second quarter. EverSource Wealth Advisors LLC now owns 3,041 shares of the electronics maker's stock worth $195,000 after purchasing an additional 1,576 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Craig A. Lampo sold 150,000 shares of Amphenol stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $68.76, for a total value of $10,314,000.00. Following the transaction, the chief financial officer now directly owns 218,116 shares of the company's stock, valued at $14,997,656.16. The trade was a 40.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Peter Straub sold 132,000 shares of the firm's stock in a transaction on Friday, November 8th. The stock was sold at an average price of $74.12, for a total transaction of $9,783,840.00. The disclosure for this sale can be found here. In the last three months, insiders sold 1,842,672 shares of company stock valued at $128,858,080. Insiders own 1.80% of the company's stock.

Amphenol Stock Up 0.9 %

Shares of NYSE:APH traded up $0.70 on Thursday, hitting $78.54. 9,307,232 shares of the company's stock were exchanged, compared to its average volume of 7,288,021. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.33 and a current ratio of 1.99. Amphenol Co. has a 1-year low of $49.38 and a 1-year high of $78.82. The company has a market capitalization of $94.69 billion, a PE ratio of 45.14, a P/E/G ratio of 1.98 and a beta of 1.24. The firm's 50-day moving average is $71.86 and its 200 day moving average is $67.86.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4,051,810 billion. During the same period in the prior year, the firm posted $0.82 earnings per share. The firm's revenue was up 29.8% on a year-over-year basis. Sell-side analysts predict that Amphenol Co. will post 1.84 EPS for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date was Tuesday, December 17th. Amphenol's dividend payout ratio (DPR) is currently 37.93%.

Analyst Ratings Changes

APH has been the topic of several research analyst reports. Truist Financial boosted their price objective on Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday. JPMorgan Chase & Co. increased their price target on shares of Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday. The Goldman Sachs Group lifted their price objective on shares of Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a report on Thursday. Evercore ISI increased their target price on shares of Amphenol from $75.00 to $80.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Finally, Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $77.92.

About Amphenol

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.