Nisa Investment Advisors LLC Has $37.58 Million Stock Holdings in Amphenol Co. (NYSE:APH)

Nisa Investment Advisors LLC boosted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 539,796 shares of the electronics maker's stock after buying an additional 16,847 shares during the quarter. Nisa Investment Advisors LLC's holdings in Amphenol were worth $37,578,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trifecta Capital Advisors LLC boosted its holdings in Amphenol by 352.1% during the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker's stock valued at $28,000 after acquiring an additional 338 shares during the period. Core Alternative Capital boosted its stake in Amphenol by 100.0% during the second quarter. Core Alternative Capital now owns 462 shares of the electronics maker's stock worth $31,000 after buying an additional 231 shares in the last quarter. Continuum Advisory LLC boosted its position in shares of Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker's stock valued at $32,000 after acquiring an additional 234 shares in the last quarter. Brown Brothers Harriman & Co. increased its stake in 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, Sunbelt Securities Inc. raised its position in Amphenol by 100.3% in the second quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker's stock worth $44,000 after purchasing an additional 324 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Insiders Place Their Bets

In other news, VP David M. Silverman sold 180,000 shares of the company's stock in a transaction dated 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 transaction, the vice president now directly owns 14,000 shares of the company's stock, valued at $963,760. This represents a 92.78 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 150,000 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $68.76, for a total value of $10,314,000.00. Following the completion of the sale, the chief financial officer now owns 218,116 shares in the company, valued at $14,997,656.16. The trade was a 40.75 % 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.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on APH. Citigroup increased their target price on Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a report on Friday, January 17th. Evercore ISI increased their price objective on Amphenol from $75.00 to $80.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Robert W. Baird boosted their target price 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. Truist Financial raised their price objective on shares of Amphenol from $76.00 to $82.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Finally, TD Cowen increased their target price on Amphenol from $60.00 to $63.00 and gave the stock a "hold" rating in a report on Friday, October 25th. 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 company. According to MarketBeat.com, Amphenol currently has a consensus rating of "Moderate Buy" and a consensus price target of $69.79.

Amphenol Trading Up 7.0 %

APH traded up $5.12 during trading on Wednesday, reaching $77.84. 14,338,916 shares of the company's stock were exchanged, compared to its average volume of 7,129,253. The company's fifty day moving average price is $71.75 and its 200-day moving average price is $67.79. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.33 and a current ratio of 1.99. The firm has a market capitalization of $93.84 billion, a PE ratio of 44.73, a P/E/G ratio of 1.89 and a beta of 1.24. Amphenol Co. has a fifty-two week low of $48.52 and a fifty-two week high of $78.25.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS 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 $4,051,810 billion. Amphenol had a return on equity of 24.68% and a net margin of 15.40%. The firm's revenue was up 29.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.82 earnings per share. As a group, equities analysts forecast that Amphenol Co. will post 1.84 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.85%. Amphenol's payout ratio is 37.93%.

Amphenol Company 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.