Bath Savings Trust Co Purchases 10,491 Shares of Amphenol Co. (NYSE:APH)

Bath Savings Trust Co boosted its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 108.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,137 shares of the electronics maker's stock after purchasing an additional 10,491 shares during the period. Bath Savings Trust Co's holdings in Amphenol were worth $1,399,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in Amphenol by 3.0% during the 3rd quarter. State Street Corp now owns 53,534,216 shares of the electronics maker's stock valued at $3,496,777,000 after purchasing an additional 1,537,880 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Amphenol by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 24,666,093 shares of the electronics maker's stock valued at $1,601,540,000 after purchasing an additional 564,991 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Amphenol by 69.1% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 23,225,629 shares of the electronics maker's stock valued at $1,564,711,000 after purchasing an additional 9,487,387 shares during the last quarter. Mawer Investment Management Ltd. lifted its holdings in Amphenol by 88.9% during the 2nd quarter. Mawer Investment Management Ltd. now owns 15,455,006 shares of the electronics maker's stock valued at $1,041,204,000 after purchasing an additional 7,275,279 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in Amphenol by 116.6% during the 2nd quarter. Legal & General Group Plc now owns 9,833,128 shares of the electronics maker's stock valued at $662,458,000 after purchasing an additional 5,293,292 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Amphenol Trading Up 0.5 %

NYSE APH traded up $0.36 during trading on Tuesday, reaching $71.49. 5,338,768 shares of the stock traded hands, compared to its average volume of 4,864,862. The firm has a market cap of $86.19 billion, a price-to-earnings ratio of 41.09, a price-to-earnings-growth ratio of 2.44 and a beta of 1.24. The stock's 50-day moving average price is $71.73 and its 200 day moving average price is $67.57. The company has a quick ratio of 1.33, a current ratio of 1.99 and a debt-to-equity ratio of 0.53. Amphenol Co. has a fifty-two week low of $47.38 and a fifty-two week high of $75.78.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. The firm had revenue of $4.04 billion during the quarter, compared to analysts' expectations of $3.81 billion. During the same quarter in the previous year, the company earned $0.39 earnings per share. The business's revenue for the quarter was up 26.3% on a year-over-year basis. Analysts predict that Amphenol Co. will post 1.84 EPS for the current year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Tuesday, December 17th. Amphenol's payout ratio is currently 37.93%.

Analyst Ratings Changes

Several equities research analysts have weighed in on APH shares. Evercore ISI raised their price objective on shares of Amphenol from $75.00 to $80.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Truist Financial raised their price objective on shares of Amphenol from $76.00 to $82.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Robert W. Baird raised their price objective 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. TD Cowen raised their price objective on shares of Amphenol from $60.00 to $63.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Finally, Bank of America lifted their price target on shares of Amphenol from $70.00 to $74.00 and gave the stock a "neutral" rating in a research report on Thursday, October 24th. Five investment 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. According to data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus target price of $69.63.

Insider Buying and Selling at Amphenol

In other news, CFO Craig A. Lampo sold 150,000 shares of the business's 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 sale, the chief financial officer now owns 218,116 shares of the company's stock, valued at $14,997,656.16. The trade was a 40.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP David M. Silverman sold 180,000 shares of the business's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total transaction of $12,391,200.00. Following the completion of the sale, the vice president now directly owns 14,000 shares in the company, valued at approximately $963,760. This represents a 92.78 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,842,672 shares of company stock valued at $128,858,080. 1.80% of the stock is currently owned by corporate insiders.

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.