14,050 Shares in Amphenol Co. (NYSE:APH) Bought by New England Research & Management Inc.

New England Research & Management Inc. purchased a new stake in Amphenol Co. (NYSE:APH - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 14,050 shares of the electronics maker's stock, valued at approximately $976,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trifecta Capital Advisors LLC lifted its position 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 purchasing an additional 338 shares in the last quarter. Brown Brothers Harriman & Co. increased its position 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 last quarter. Continuum Advisory LLC raised its holdings in Amphenol by 89.3% during the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker's stock worth $32,000 after acquiring an additional 234 shares in the last quarter. Hanson & Doremus Investment Management bought a new position in Amphenol in the fourth quarter valued at approximately $32,000. Finally, Sunbelt Securities Inc. increased its position in shares of Amphenol by 100.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker's stock worth $44,000 after purchasing an additional 324 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Wall Street Analyst Weigh In

APH has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price target on Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. 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 research note on Thursday, January 23rd. Citigroup raised their price objective on shares of Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. TD Cowen increased their target price on Amphenol from $60.00 to $63.00 and gave the stock a "hold" rating in a research note on Friday, October 25th. Finally, Evercore ISI upped their price objective on Amphenol from $75.00 to $80.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and an average target price of $80.68.

Amphenol Trading Up 3.6 %

Shares of NYSE APH traded up $2.48 during trading on Thursday, reaching $71.86. The company had a trading volume of 3,882,911 shares, compared to its average volume of 8,100,997. The stock has a market cap of $86.63 billion, a P/E ratio of 37.53, a PEG ratio of 2.12 and a beta of 1.24. The company's fifty day moving average price is $71.99 and its 200-day moving average price is $67.97. The company has a quick ratio of 1.33, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 12 month low of $50.48 and a 12 month high of $79.39.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company's revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 EPS. As a group, research analysts expect that Amphenol Co. will post 2.17 earnings per share for the current year.

Amphenol Dividend Announcement

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

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 180,000 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $71.81, for a total transaction of $12,925,800.00. Following the transaction, the vice president now owns 14,000 shares of the company's stock, valued at $1,005,340. This represents a 92.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Craig A. Lampo sold 300,000 shares of the company's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $71.56, for a total value of $21,468,000.00. Following the transaction, the chief financial officer now directly owns 318,116 shares in the company, valued at approximately $22,764,380.96. This trade represents a 48.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 612,000 shares of company stock worth $44,177,640 in the last 90 days. Corporate 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.