Vanguard Personalized Indexing Management LLC increased its position in Amphenol Corporation (NYSE:APH – Free Report) by 28.0% during the second quarter, Holdings Channel.com reports. The firm owned 238,817 shares of the electronics maker’s stock after buying an additional 52,210 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Amphenol were worth $23,747,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Tranquility Partners LLC raised its position in Amphenol by 0.8% in the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after buying an additional 107 shares during the last quarter. EWA LLC raised its position in Amphenol by 2.3% in the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock valued at $514,000 after buying an additional 115 shares during the last quarter. Mather Group LLC. raised its position in Amphenol by 0.5% in the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock valued at $2,261,000 after buying an additional 118 shares during the last quarter. Independent Advisor Alliance raised its position in Amphenol by 1.7% in the 1st quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker’s stock valued at $471,000 after buying an additional 122 shares during the last quarter. Finally, Traveka Wealth LLC raised its position in Amphenol by 3.9% in the 2nd quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker’s stock valued at $324,000 after buying an additional 123 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.
Amphenol Trading Down 3.7%
Shares of APH opened at $121.64 on Friday. The business has a 50-day moving average of $115.78 and a 200 day moving average of $96.29. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $127.50. The firm has a market cap of $148.51 billion, a P/E ratio of 48.46, a price-to-earnings-growth ratio of 1.95 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02.
Amphenol Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol’s dividend payout ratio (DPR) is 26.29%.
Analysts Set New Price Targets
A number of equities research analysts recently commented on APH shares. Bank of America increased their price target on Amphenol from $110.00 to $120.00 and gave the company a “neutral” rating in a research report on Tuesday, August 5th. Evercore ISI raised their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 10th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research report on Friday, July 11th. Finally, JPMorgan Chase & Co. raised their target price on Amphenol from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $114.43.
View Our Latest Analysis on Amphenol
Insider Transactions at Amphenol
In other Amphenol news, VP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the completion of the transaction, the vice president owned 76,400 shares in the company, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 665,924 shares of company stock worth $73,369,357. Insiders own 1.67% of the company’s stock.
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.
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