Amphenol Co. (NYSE:APH) Shares Sold by Donaldson Capital Management LLC

Donaldson Capital Management LLC lowered its position in Amphenol Co. (NYSE:APH) by 26.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,131 shares of the electronics maker’s stock after selling 763 shares during the quarter. Donaldson Capital Management LLC’s holdings in Amphenol were worth $211,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Louisiana State Employees Retirement System bought a new stake in Amphenol during the fourth quarter worth approximately $3,589,000. West Coast Financial LLC boosted its stake in shares of Amphenol by 65.0% during the 4th quarter. West Coast Financial LLC now owns 128,911 shares of the electronics maker’s stock valued at $12,779,000 after buying an additional 50,778 shares during the period. Compagnie Lombard Odier SCmA acquired a new stake in shares of Amphenol during the 4th quarter valued at $2,875,000. Fortune Financial Advisors LLC acquired a new stake in shares of Amphenol during the 4th quarter valued at $1,071,000. Finally, Community Trust & Investment Co. boosted its stake in shares of Amphenol by 30.6% during the 4th quarter. Community Trust & Investment Co. now owns 178,306 shares of the electronics maker’s stock valued at $17,675,000 after buying an additional 41,754 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on APH. Citigroup lifted their target price on shares of Amphenol from $117.00 to $135.00 and gave the company a “buy” rating in a research note on Thursday, April 4th. The Goldman Sachs Group lifted their target price on shares of Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a research note on Thursday, January 25th. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $118.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Robert W. Baird raised their price target on shares of Amphenol from $100.00 to $106.00 and gave the company an “outperform” rating in a report on Thursday, January 25th. Finally, Stifel Nicolaus raised their price target on shares of Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a report on Thursday, January 25th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $112.00.

Insider Transactions at Amphenol

In other news, VP Lance E. D’amico sold 15,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $104.75, for a total transaction of $1,571,250.00. Following the transaction, the vice president now owns 25,700 shares in the company, valued at approximately $2,692,075. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CFO Craig A. Lampo sold 100,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $104.67, for a total value of $10,467,000.00. Following the sale, the chief financial officer now owns 147,045 shares of the company’s stock, valued at $15,391,200.15. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Lance E. D’amico sold 15,000 shares of the company’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $104.75, for a total transaction of $1,571,250.00. Following the completion of the sale, the vice president now directly owns 25,700 shares in the company, valued at approximately $2,692,075. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 305,000 shares of company stock worth $31,846,050. 2.22% of the stock is currently owned by company insiders.

Amphenol Stock Performance

Shares of APH opened at $112.58 on Wednesday. The company has a market capitalization of $67.72 billion, a PE ratio of 36.20, a price-to-earnings-growth ratio of 3.23 and a beta of 1.30. Amphenol Co. has a one year low of $72.00 and a one year high of $119.59. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.17 and a quick ratio of 1.48. The company’s fifty day moving average price is $110.51 and its 200 day moving average price is $98.17.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, January 24th. The electronics maker reported $0.82 EPS for the quarter, topping the consensus estimate of $0.77 by $0.05. The firm had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.16 billion. Amphenol had a net margin of 15.36% and a return on equity of 23.94%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.78 EPS. As a group, analysts expect that Amphenol Co. will post 3.28 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.22 per share. The ex-dividend date was Monday, March 18th. This represents a $0.88 annualized dividend and a dividend yield of 0.78%. Amphenol’s payout ratio is 28.30%.

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.