Amphenol Co. (NYSE:APH) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. lifted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 7.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,969 shares of the electronics maker's stock after acquiring an additional 7,328 shares during the quarter. Pacer Advisors Inc.'s holdings in Amphenol were worth $7,429,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of APH. Fortitude Family Office LLC increased its stake in Amphenol by 13.9% during the 3rd quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker's stock valued at $84,000 after purchasing an additional 158 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of Amphenol by 50.0% during the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker's stock valued at $32,000 after buying an additional 166 shares during the last quarter. Fragasso Financial Advisors Inc increased its position in shares of Amphenol by 4.7% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker's stock valued at $266,000 after acquiring an additional 171 shares in the last quarter. AlphaMark Advisors LLC raised its holdings in Amphenol by 0.5% in the 4th 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 during the last quarter. Finally, Prestige Wealth Management Group LLC lifted its position in Amphenol by 7.4% in the 3rd quarter. Prestige Wealth Management Group LLC now owns 2,751 shares of the electronics maker's stock valued at $180,000 after acquiring an additional 189 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Up 3.3 %

Shares of APH traded up $2.31 during trading hours on Thursday, hitting $71.69. The company had a trading volume of 7,047,724 shares, compared to its average volume of 8,274,509. Amphenol Co. has a one year low of $50.48 and a one year high of $79.39. The company's fifty day moving average price is $71.99 and its two-hundred day moving average price is $67.97. The company has a market capitalization of $86.43 billion, a PE ratio of 37.43, a price-to-earnings-growth ratio of 2.12 and a beta of 1.24. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data 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 return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4.05 billion. During the same quarter in the prior year, the business posted $0.82 EPS. The business's revenue for the quarter was up 29.8% compared to the same quarter last year. As a group, equities analysts forecast that Amphenol Co. will post 2.17 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.92%. Amphenol's dividend payout ratio (DPR) is presently 34.46%.

Insider Buying and Selling at Amphenol

In other news, insider Peter Straub sold 132,000 shares of Amphenol stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $74.12, for a total transaction of $9,783,840.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Craig A. Lampo sold 300,000 shares of the firm's stock in a transaction 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 sale, the chief financial officer now owns 318,116 shares in the company, valued at approximately $22,764,380.96. This represents a 48.53 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 612,000 shares of company stock worth $44,177,640. Company insiders own 1.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a research report on Friday, January 17th. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. The Goldman Sachs Group increased their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Robert W. Baird boosted their price objective on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research report on Thursday, January 23rd. Finally, TD Cowen raised their target price on Amphenol from $60.00 to $63.00 and gave the stock a "hold" rating in a report on Friday, October 25th. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $80.68.

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.