8,933 Shares in Amphenol Co. (NYSE:APH) Acquired by Virtu Financial LLC

Virtu Financial LLC purchased a new position in Amphenol Co. (NYSE:APH - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,933 shares of the electronics maker's stock, valued at approximately $582,000.

Other large investors also recently modified their holdings of the company. Fortitude Family Office LLC raised its position in shares of Amphenol by 13.9% during the third quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker's stock worth $84,000 after purchasing an additional 158 shares during the period. Brown Brothers Harriman & Co. lifted 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 worth $32,000 after purchasing an additional 166 shares in the last quarter. New England Capital Financial Advisors LLC grew its position in Amphenol by 100.0% during the second quarter. New England Capital Financial Advisors LLC now owns 376 shares of the electronics maker's stock valued at $25,000 after purchasing an additional 188 shares in the last quarter. Prestige Wealth Management Group LLC boosted its stake in shares of Amphenol by 7.4% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 2,751 shares of the electronics maker's stock valued at $180,000 after buying an additional 189 shares during the period. Finally, Prime Capital Investment Advisors LLC grew its holdings in shares of Amphenol by 4.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 4,505 shares of the electronics maker's stock valued at $294,000 after acquiring an additional 199 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Up 0.0 %

NYSE APH traded up $0.03 on Friday, hitting $73.63. 5,437,366 shares of the company were exchanged, compared to its average volume of 6,555,143. The company has a market cap of $88.77 billion, a PE ratio of 42.32, a PEG ratio of 2.44 and a beta of 1.24. Amphenol Co. has a 12 month low of $46.94 and a 12 month high of $74.93. The stock has a fifty day moving average of $70.37 and a 200-day moving average of $67.16. The company has a current ratio of 1.99, a quick ratio of 1.33 and a debt-to-equity ratio of 0.53.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. The business had revenue of $4.04 billion during the quarter, compared to analyst estimates of $3.81 billion. Amphenol had a return on equity of 24.68% and a net margin of 15.40%. The company's quarterly revenue was up 26.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. As a group, analysts forecast that Amphenol Co. will post 1.84 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 17th will be issued a $0.165 dividend. The ex-dividend date is Tuesday, December 17th. This represents a $0.66 annualized dividend and a yield of 0.90%. Amphenol's dividend payout ratio (DPR) is presently 37.93%.

Insider Buying and Selling at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 150,000 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Richard Adam Norwitt sold 900,672 shares of the company's stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.81, for a total transaction of $61,975,240.32. Following the completion of the transaction, the chief executive officer now owns 1,934,848 shares in the company, valued at approximately $133,136,890.88. The trade was a 31.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, 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.

Analyst Ratings Changes

A number of analysts recently issued reports on APH shares. Robert W. Baird lifted their price objective on Amphenol from $71.00 to $77.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Truist Financial boosted their price target on Amphenol from $76.00 to $82.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Evercore ISI raised their price objective 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. TD Cowen increased their target price on shares of Amphenol from $60.00 to $63.00 and gave the stock a "hold" rating in a research report on Friday, October 25th. Finally, Bank of America boosted their price objective on shares of Amphenol from $70.00 to $74.00 and gave the stock a "neutral" rating in a research note on Thursday, October 24th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued 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 $69.63.

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.