Amphenol Corporation $APH Stock Position Raised by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its stake in shares of Amphenol Corporation (NYSE:APH) by 1.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 243,181 shares of the electronics maker’s stock after purchasing an additional 4,364 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Amphenol were worth $30,299,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Amphenol in the second quarter worth about $2,104,244,000. Holocene Advisors LP lifted its position in shares of Amphenol by 201.2% in the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock valued at $381,909,000 after acquiring an additional 2,583,628 shares in the last quarter. Jennison Associates LLC acquired a new position in Amphenol in the 3rd quarter worth approximately $287,947,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Amphenol in the 2nd quarter worth approximately $225,757,000. Finally, Geode Capital Management LLC grew its position in Amphenol by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock worth $2,804,338,000 after purchasing an additional 2,217,079 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Stock Down 1.0%

APH stock opened at $150.97 on Monday. The firm has a market cap of $184.79 billion, a PE ratio of 50.32, a PEG ratio of 0.92 and a beta of 1.21. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $157.54. The company has a fifty day simple moving average of $139.45 and a 200 day simple moving average of $125.83. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57.

Insider Buying and Selling

In other news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the transaction, the vice president owned 76,400 shares of the company’s stock, valued at approximately $10,696,764. This represents a 61.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the completion of the sale, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 698,076 shares of company stock worth $99,081,306. Insiders own 1.67% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on APH. Evercore ISI reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Amphenol in a research report on Tuesday, January 20th. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $183.00 target price on shares of Amphenol in a research note on Thursday, January 15th. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Finally, Citigroup reissued a “buy” rating and set a $175.00 target price (up previously from $160.00) on shares of Amphenol in a research note on Monday, January 12th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $147.62.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.