Amphenol Co. (NYSE:APH) Shares Purchased by Burney Co.

Burney Co. lifted its holdings in Amphenol Co. (NYSE:APH - Free Report) by 28.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,929 shares of the electronics maker's stock after buying an additional 4,024 shares during the quarter. Burney Co.'s holdings in Amphenol were worth $1,245,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Daiwa Securities Group Inc. boosted its holdings in shares of Amphenol by 50.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker's stock valued at $17,477,000 after buying an additional 90,450 shares in the last quarter. Advisors Asset Management Inc. lifted its position in Amphenol by 22.3% during the third quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker's stock valued at $6,966,000 after acquiring an additional 19,496 shares during the last quarter. LMR Partners LLP boosted its stake in Amphenol by 315.1% in the third quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker's stock valued at $19,209,000 after acquiring an additional 223,784 shares in the last quarter. Whalen Wealth Management Inc. purchased a new position in Amphenol in the third quarter worth $484,000. Finally, Czech National Bank lifted its holdings in shares of Amphenol by 7.2% during the 3rd quarter. Czech National Bank now owns 245,326 shares of the electronics maker's stock valued at $15,985,000 after purchasing an additional 16,425 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of APH stock traded down $0.42 during trading hours on Friday, hitting $69.44. The company's stock had a trading volume of 9,780,875 shares, compared to its average volume of 6,085,716. The stock has a market cap of $83.71 billion, a PE ratio of 39.91, a price-to-earnings-growth ratio of 2.01 and a beta of 1.24. Amphenol Co. has a 12-month low of $47.76 and a 12-month high of $75.78. The company has a 50 day moving average of $71.91 and a 200 day moving average of $67.73. The company has a current ratio of 1.99, a quick ratio of 1.33 and a debt-to-equity ratio of 0.53.

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

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol's dividend payout ratio is currently 37.93%.

Analyst Ratings Changes

Several brokerages recently weighed in on APH. Evercore ISI boosted their target price on Amphenol from $75.00 to $80.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Bank of America boosted their price target on Amphenol from $70.00 to $74.00 and gave the stock a "neutral" rating in a research note on Thursday, October 24th. TD Cowen increased 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. Truist Financial boosted their target price on shares of Amphenol from $76.00 to $82.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Finally, Robert W. Baird upped their price target on shares of Amphenol from $71.00 to $77.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and a consensus price target of $69.79.

Insider Buying and Selling at Amphenol

In related news, CFO Craig A. Lampo sold 150,000 shares of the company's stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.76, for a total value of $10,314,000.00. Following the completion of the transaction, the chief financial officer now owns 218,116 shares of the company's stock, valued at approximately $14,997,656.16. This represents a 40.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Peter Straub sold 132,000 shares of the company's stock in a transaction that occurred 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. Over the last ninety days, insiders sold 1,842,672 shares of company stock valued at $128,858,080. 1.80% of the stock is owned by company 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.