Representative James Comer (R-Kentucky) recently bought shares of Amphenol Co. NYSE: APH. In a filing disclosed on January 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Amphenol stock on January 2nd.
Representative James Comer also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Dover NYSE: DOV on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 1/2/2025.
- Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 1/2/2025.
Amphenol Trading Up 0.9 %
Amphenol stock traded up $0.65 during trading hours on Wednesday, reaching $70.92. 6,061,070 shares of the company's stock traded hands, compared to its average volume of 5,588,324. The firm has a market capitalization of $85.50 billion, a price-to-earnings ratio of 40.76, a PEG ratio of 2.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.33 and a current ratio of 1.99. Amphenol Co. has a fifty-two week low of $47.38 and a fifty-two week high of $75.78. The firm's 50 day moving average is $72.01 and its 200-day moving average is $67.69.
Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. The business had revenue of $4.04 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period in the prior year, the business posted $0.39 earnings per share. Amphenol's revenue was up 26.3% compared to the same quarter last year. On average, analysts predict that Amphenol Co. will post 1.84 earnings per share for the current year.
Amphenol Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th were given 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 0.93%. Amphenol's payout ratio is 37.93%.
Institutional Investors Weigh In On Amphenol
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Aaron Wealth Advisors LLC increased its holdings in Amphenol by 16.2% during the 4th quarter. Aaron Wealth Advisors LLC now owns 6,765 shares of the electronics maker's stock worth $470,000 after purchasing an additional 942 shares in the last quarter. Moss Adams Wealth Advisors LLC boosted its position in shares of Amphenol by 5.6% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 5,204 shares of the electronics maker's stock worth $362,000 after buying an additional 275 shares during the period. Jackson Square Capital LLC acquired a new stake in Amphenol in the 4th quarter valued at approximately $2,085,000. HB Wealth Management LLC raised its position in Amphenol by 19.5% in the 4th quarter. HB Wealth Management LLC now owns 28,135 shares of the electronics maker's stock valued at $1,954,000 after buying an additional 4,588 shares during the last quarter. Finally, Premier Path Wealth Partners LLC lifted its stake in Amphenol by 5.3% in the 4th quarter. Premier Path Wealth Partners LLC now owns 5,727 shares of the electronics maker's stock valued at $398,000 after acquiring an additional 289 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other news, insider Peter Straub sold 132,000 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $74.12, for a total value of $9,783,840.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 value of $12,391,200.00. Following the sale, the vice president now owns 14,000 shares in the company, valued at $963,760. The trade was a 92.78 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,842,672 shares of company stock valued at $128,858,080 in the last quarter. 1.80% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Truist Financial lifted their price objective on Amphenol from $76.00 to $82.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. TD Cowen boosted their target price on Amphenol from $60.00 to $63.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Evercore ISI increased their price target 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. Robert W. Baird boosted their price objective on shares of Amphenol from $71.00 to $77.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Finally, Bank of America upped their target price on shares of Amphenol from $70.00 to $74.00 and gave the company a "neutral" rating in a research note on Thursday, October 24th. Five research 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's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $69.63.
View Our Latest Research Report on APH
About Representative Comer
James Comer Jr. (Republican Party) is a member of the U.S. House, representing Kentucky's 1st Congressional District. He assumed office on November 14, 2016. His current term ends on January 3, 2025. Comer (Republican Party) ran for re-election to the U.S. House to represent Kentucky's 1st Congressional District. He won in the general election on November 8, 2022. Prior to serving in Congress, Comer was the Kentucky Commissioner of Agriculture from 2012 to 2016, and the Kentucky House of Representatives from 2001 to 2012. He also unsuccessfully ran for Governor of Kentucky in 2015. A writer for the Louisville Courier-Journal called Comer "instrumental in the final passage of a five-year farm bill," noting that he served on the conference committee that produced the final version of the bill. Comer is from Tompkinsville, Ky. He acted as the director of South Central Bank for 12 years and has been the co-owner of the Comer Land and Cattle Company. He previously served as president of CFB Foods Incorporated from 2001 to 2003 and president of Comer and Polston Insurance Incorporated from 1993 to 1995.
About Amphenol
(
Get Free Report)
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.
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