Vontobel Holding Ltd. Purchases 5,906 Shares of Amphenol Co. (NYSE:APH)

Vontobel Holding Ltd. boosted its position in Amphenol Co. (NYSE:APH) by 106.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,480 shares of the electronics maker’s stock after purchasing an additional 5,906 shares during the quarter. Vontobel Holding Ltd.’s holdings in Amphenol were worth $757,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APH. Endurance Wealth Management Inc. bought a new stake in shares of Amphenol during the 1st quarter valued at $25,000. Laffer Tengler Investments bought a new stake in shares of Amphenol during the 4th quarter valued at $52,000. Sonora Investment Management LLC lifted its position in shares of Amphenol by 100.0% during the 1st quarter. Sonora Investment Management LLC now owns 400 shares of the electronics maker’s stock valued at $26,000 after acquiring an additional 200 shares during the period. Mascoma Wealth Management LLC bought a new stake in shares of Amphenol during the 1st quarter valued at $26,000. Finally, Atlas Private Wealth Management lifted its position in shares of Amphenol by 100.0% during the 1st quarter. Atlas Private Wealth Management now owns 428 shares of the electronics maker’s stock valued at $28,000 after acquiring an additional 214 shares during the period. Institutional investors and hedge funds own 92.83% of the company’s stock.

In other Amphenol news, SVP Jean-Luc Gavelle sold 150,000 shares of the company’s stock in a transaction dated Friday, May 21st. The stock was sold at an average price of $66.10, for a total value of $9,915,000.00. Following the sale, the senior vice president now owns 150,000 shares in the company, valued at approximately $9,915,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert Livingston purchased 20,000 shares of Amphenol stock in a transaction on Tuesday, May 4th. The stock was bought at an average price of $65.92 per share, for a total transaction of $1,318,400.00. Following the transaction, the director now directly owns 38,666 shares in the company, valued at approximately $2,548,862.72. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 769,133 shares of company stock valued at $51,217,363. Insiders own 2.50% of the company’s stock.

A number of analysts have recently weighed in on APH shares. Morgan Stanley upped their target price on Amphenol from $66.00 to $70.00 and gave the company an “equal weight” rating in a research report on Thursday, April 29th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price target on Amphenol from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, April 29th. Finally, Evercore ISI reissued a “buy” rating and set a $77.00 price target on shares of Amphenol in a report on Tuesday. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $65.33.

Shares of APH opened at $68.27 on Friday. Amphenol Co. has a 12-month low of $45.90 and a 12-month high of $69.62. The stock has a 50-day moving average price of $67.40. The company has a current ratio of 2.43, a quick ratio of 1.81 and a debt-to-equity ratio of 0.74. The firm has a market cap of $40.80 billion, a PE ratio of 32.67, a PEG ratio of 2.52 and a beta of 1.24.

Amphenol (NYSE:APH) last issued its earnings results on Tuesday, April 27th. The electronics maker reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05. Amphenol had a return on equity of 24.16% and a net margin of 14.16%. The business had revenue of $2.38 billion during the quarter, compared to analysts’ expectations of $2.18 billion. During the same quarter in the prior year, the firm earned $0.71 EPS. The business’s revenue for the quarter was up 27.7% compared to the same quarter last year. As a group, equities analysts forecast that Amphenol Co. will post 2.25 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 14th. Shareholders of record on Tuesday, June 22nd will be issued a $0.145 dividend. The ex-dividend date is Monday, June 21st. This represents a $0.58 dividend on an annualized basis and a yield of 0.85%. Amphenol’s payout ratio is presently 31.02%.

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 in two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, busbars, and distribution systems; and other connectors.

Featured Article: Futures Contract

Institutional Ownership 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.