Amphenol Co. (NYSE:APH) Shares Sold by MorganRosel Wealth Management LLC

MorganRosel Wealth Management LLC lowered its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,592 shares of the electronics maker's stock after selling 3,800 shares during the quarter. MorganRosel Wealth Management LLC's holdings in Amphenol were worth $1,083,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in APH. Sierra Ocean LLC bought a new position in shares of Amphenol during the 4th quarter valued at approximately $28,000. Hanson & Doremus Investment Management purchased a new position in Amphenol during the fourth quarter worth $32,000. Continuum Advisory LLC increased its position in Amphenol by 89.3% during the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker's stock valued at $32,000 after acquiring an additional 234 shares during the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of Amphenol by 50.0% in the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker's stock valued at $32,000 after acquiring an additional 166 shares during the period. Finally, Endeavor Private Wealth Inc. bought a new stake in shares of Amphenol in the 4th quarter worth about $49,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APH has been the topic of several analyst reports. Truist Financial upped their price target on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. The Goldman Sachs Group upped their target price on Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Bank of America raised their price target on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Citigroup boosted their price objective on Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a report on Friday, January 17th. Finally, Robert W. Baird increased their target price on Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a research note on Thursday, January 23rd. Five 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $80.68.

Amphenol Stock Up 1.7 %

NYSE:APH traded up $1.11 during mid-day trading on Friday, reaching $66.57. The company's stock had a trading volume of 10,480,849 shares, compared to its average volume of 7,859,414. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 1 year low of $54.24 and a 1 year high of $79.39. The stock has a fifty day moving average of $70.21 and a 200-day moving average of $68.75. The firm has a market capitalization of $80.62 billion, a PE ratio of 34.76, a price-to-earnings-growth ratio of 1.92 and a beta of 1.23.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to analysts' expectations of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company's revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.82 EPS. Equities research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.99%. Amphenol's dividend payout ratio (DPR) is presently 34.55%.

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.