Roffman Miller Associates Inc. PA Has $32.52 Million Stock Holdings in Amphenol Co. (NYSE:APH)

Roffman Miller Associates Inc. PA raised its stake in shares of Amphenol Co. (NYSE:APH - Free Report) by 3.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 499,141 shares of the electronics maker's stock after acquiring an additional 14,861 shares during the quarter. Amphenol makes up 2.0% of Roffman Miller Associates Inc. PA's portfolio, making the stock its 21st largest holding. Roffman Miller Associates Inc. PA's holdings in Amphenol were worth $32,524,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Beacon Capital Management LLC boosted its stake in Amphenol by 121.2% in the second quarter. Beacon Capital Management LLC now owns 376 shares of the electronics maker's stock worth $25,000 after purchasing an additional 206 shares in the last quarter. New England Capital Financial Advisors LLC grew its holdings in Amphenol by 100.0% during the 2nd quarter. New England Capital Financial Advisors LLC now owns 376 shares of the electronics maker's stock worth $25,000 after acquiring an additional 188 shares during the last quarter. Sachetta LLC increased its position in Amphenol by 131.1% in the 2nd quarter. Sachetta LLC now owns 439 shares of the electronics maker's stock valued at $27,000 after acquiring an additional 249 shares in the last quarter. Trifecta Capital Advisors LLC raised its stake in shares of Amphenol by 352.1% in the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker's stock worth $28,000 after acquiring an additional 338 shares during the last quarter. Finally, New Millennium Group LLC acquired a new position in shares of Amphenol during the second quarter worth approximately $31,000. Institutional investors own 97.01% of the company's stock.

Amphenol Trading Down 0.6 %

Shares of NYSE APH traded down $0.44 during midday trading on Monday, reaching $73.77. 2,631,108 shares of the stock were exchanged, compared to its average volume of 6,554,818. Amphenol Co. has a 12 month low of $46.82 and a 12 month high of $74.93. The company has a market capitalization of $88.94 billion, a price-to-earnings ratio of 42.65, a P/E/G ratio of 2.47 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.99 and a quick ratio of 1.33. The business has a 50-day simple moving average of $69.34 and a two-hundred day simple moving average of $66.96.

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

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.89%. Amphenol's payout ratio is 37.93%.

Analysts Set New Price Targets

Several research analysts recently weighed in on APH shares. Evercore ISI boosted their price objective on shares of Amphenol from $75.00 to $80.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. TD Cowen boosted their target price 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 upped their price target on Amphenol from $76.00 to $82.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Bank of America lifted their price objective on Amphenol from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Thursday, October 24th. Finally, Robert W. Baird upped their target price on shares of Amphenol from $71.00 to $77.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Amphenol presently has an average rating of "Moderate Buy" and an average price target of $69.63.

Insiders Place Their Bets

In related news, CFO Craig A. Lampo sold 150,000 shares of the stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the completion of the transaction, the chief financial officer now directly owns 218,116 shares in the company, valued at approximately $14,997,656.16. This trade represents a 40.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP David M. Silverman sold 180,000 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $68.84, for a total value of $12,391,200.00. Following the completion of the sale, the vice president now owns 14,000 shares in the company, valued at $963,760. The trade was a 92.78 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,842,672 shares of company stock worth $128,858,080. Company insiders own 1.80% of the company's stock.

Amphenol 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.