49,161 Shares in Amphenol Co. (NYSE:APH) Bought by True North Advisors LLC

True North Advisors LLC acquired a new position in Amphenol Co. (NYSE:APH - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 49,161 shares of the electronics maker's stock, valued at approximately $3,414,000. Amphenol accounts for approximately 0.8% of True North Advisors LLC's holdings, making the stock its 24th biggest holding.

Other large investors have also recently made changes to their positions in the company. Trifecta Capital Advisors LLC boosted its holdings in shares of Amphenol by 352.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker's stock valued at $28,000 after purchasing an additional 338 shares during the last quarter. Core Alternative Capital lifted its position in shares of Amphenol by 100.0% in 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 lifted its position in shares of Amphenol by 89.3% in the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker's stock worth $32,000 after buying an additional 234 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker's stock valued at $32,000 after buying an additional 166 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in Amphenol by 100.3% in the 2nd quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker's stock worth $44,000 after acquiring an additional 324 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. TD Cowen increased their target price on Amphenol from $60.00 to $63.00 and gave the company a "hold" rating in a research report on Friday, October 25th. Bank of America increased their price objective on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday. Robert W. Baird boosted their target price on shares of Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a report on Thursday. Citigroup increased their price target on shares of Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a report on Friday, January 17th. Finally, Evercore ISI boosted 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. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $77.92.

Insider Transactions at Amphenol

In other Amphenol news, CEO Richard Adam Norwitt sold 900,672 shares of Amphenol stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.81, for a total value of $61,975,240.32. Following the transaction, the chief executive officer now owns 1,934,848 shares in the company, valued at $133,136,890.88. The trade was a 31.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Peter Straub sold 132,000 shares of the stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $74.12, for a total transaction of $9,783,840.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,842,672 shares of company stock valued at $128,858,080. 1.80% of the stock is currently owned by corporate insiders.

Amphenol Trading Up 0.9 %

Shares of NYSE:APH traded up $0.70 on Thursday, hitting $78.54. 9,307,573 shares of the company's stock were exchanged, compared to its average volume of 7,288,104. The stock has a market capitalization of $94.69 billion, a price-to-earnings ratio of 45.14, a price-to-earnings-growth ratio of 1.98 and a beta of 1.24. Amphenol Co. has a 12 month low of $49.38 and a 12 month high of $78.82. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.99 and a quick ratio of 1.33. The business's 50 day simple moving average is $71.86 and its two-hundred day simple moving average is $67.86.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.05. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. The business had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4,051,810 billion. During the same period in the prior year, the firm earned $0.82 EPS. The company's revenue for the quarter was up 29.8% compared to the same quarter last year. Analysts anticipate that Amphenol Co. will post 1.84 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol's dividend 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.