Amphenol Co. (NYSE:APH) CFO Craig A. Lampo Sells 100,000 Shares

Amphenol Co. (NYSE:APHGet Free Report) CFO Craig A. Lampo sold 100,000 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $104.67, for a total transaction of $10,467,000.00. Following the transaction, the chief financial officer now directly 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 Securities & Exchange Commission, which can be accessed through this hyperlink.

Amphenol Trading Up 0.4 %

Shares of NYSE:APH opened at $105.28 on Friday. The stock has a 50 day moving average of $98.15 and a 200 day moving average of $90.06. The company has a market cap of $62.99 billion, a PE ratio of 33.85, a price-to-earnings-growth ratio of 3.04 and a beta of 1.30. Amphenol Co. has a 12-month low of $72.00 and a 12-month high of $105.41. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.47.

Amphenol (NYSE:APHGet Free Report) last issued its quarterly earnings results on Wednesday, January 24th. The electronics maker reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.05. The business 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 company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.78 earnings per share. As a group, equities research analysts expect that Amphenol Co. will post 3.26 EPS for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Shareholders of record on Tuesday, March 19th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Monday, March 18th. This represents a $0.88 dividend on an annualized basis and a yield of 0.84%. Amphenol’s dividend payout ratio is presently 28.30%.

Hedge Funds Weigh In On Amphenol

A number of hedge funds have recently made changes to their positions in the business. Peoples Bank KS purchased a new position in Amphenol in the 3rd quarter worth approximately $27,000. Frazier Financial Advisors LLC purchased a new position in shares of Amphenol in the fourth quarter worth $29,000. Mendota Financial Group LLC bought a new position in shares of Amphenol during the fourth quarter worth $33,000. Venturi Wealth Management LLC grew its stake in Amphenol by 75.5% during the fourth quarter. Venturi Wealth Management LLC now owns 330 shares of the electronics maker’s stock valued at $33,000 after acquiring an additional 142 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its stake in Amphenol by 70.8% in the 4th quarter. Avior Wealth Management LLC now owns 333 shares of the electronics maker’s stock worth $33,000 after purchasing an additional 138 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Analysts Set New Price Targets

APH has been the subject of a number of research analyst reports. Robert W. Baird lifted their target price on shares of Amphenol from $100.00 to $106.00 and gave the stock an “outperform” rating in a research report on Thursday, January 25th. The Goldman Sachs Group upped their price objective on Amphenol from $107.00 to $119.00 and gave the company a “buy” rating in a research report on Thursday, January 25th. Citigroup assumed coverage on Amphenol in a research report on Friday, January 5th. They issued a “buy” rating and a $117.00 target price on the stock. Stifel Nicolaus upped their price target on shares of Amphenol from $88.00 to $95.00 and gave the company a “hold” rating in a research report on Thursday, January 25th. Finally, Truist Financial increased their price objective on shares of Amphenol from $97.00 to $109.00 and gave the stock a “buy” rating in a research note on Friday, December 15th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $102.11.

Get Our Latest Analysis on APH

About Amphenol

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Amphenol (NYSE:APH)

Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.