Alexandria Capital LLC maintained its stake in Amphenol Corporation (NYSE:APH) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,600 shares of the electronics maker’s stock at the end of the second quarter. Alexandria Capital LLC’s holdings in Amphenol Corporation were worth $192,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the company. Birch Hill Investment Advisors LLC acquired a new stake in Amphenol Corporation during the first quarter valued at approximately $105,000. YorkBridge Wealth Partners LLC increased its stake in Amphenol Corporation by 300.0% in the first quarter. YorkBridge Wealth Partners LLC now owns 1,600 shares of the electronics maker’s stock valued at $114,000 after buying an additional 1,200 shares in the last quarter. Israel Discount Bank of New York acquired a new stake in Amphenol Corporation during the first quarter valued at approximately $121,000. Pinnacle Bank acquired a new stake in Amphenol Corporation during the first quarter valued at approximately $122,000. Finally, Ledyard National Bank acquired a new stake in Amphenol Corporation during the first quarter valued at approximately $148,000. Institutional investors and hedge funds own 95.99% of the company’s stock.
Shares of Amphenol Corporation (APH) opened at 78.42 on Friday. The company has a market cap of $23.95 billion, a price-to-earnings ratio of 26.40 and a beta of 0.77. The firm’s 50-day moving average is $76.14 and its 200-day moving average is $72.82. Amphenol Corporation has a 52 week low of $60.89 and a 52 week high of $79.70.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 11th. Investors of record on Monday, September 18th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Friday, September 15th. This is a boost from Amphenol Corporation’s previous quarterly dividend of $0.16. Amphenol Corporation’s dividend payout ratio (DPR) is currently 21.55%.
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APH has been the subject of several analyst reports. Morgan Stanley raised their price target on shares of Amphenol Corporation from $64.00 to $68.00 and gave the stock an “equal weight” rating in a report on Friday, April 28th. Zacks Investment Research upgraded shares of Amphenol Corporation from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a report on Wednesday, June 7th. Royal Bank Of Canada raised their price target on shares of Amphenol Corporation from $77.00 to $80.00 and gave the stock a “top pick” rating in a report on Tuesday, June 27th. BidaskClub upgraded shares of Amphenol Corporation from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Finally, Stifel Nicolaus restated a “hold” rating and set a $72.00 price target on shares of Amphenol Corporation in a report on Monday, August 14th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $79.00.
In other Amphenol Corporation news, Director Diana G. Reardon sold 200,000 shares of the firm’s stock in a transaction on Wednesday, May 31st. The stock was sold at an average price of $74.91, for a total transaction of $14,982,000.00. Following the completion of the sale, the director now owns 200,000 shares of the company’s stock, valued at $14,982,000. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Zachary W. Raley sold 432,000 shares of the firm’s stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $74.12, for a total value of $32,019,840.00. Following the sale, the senior vice president now directly owns 144,000 shares of the company’s stock, valued at approximately $10,673,280. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,050,200 shares of company stock valued at $79,467,056. Insiders own 2.51% of the company’s stock.
Amphenol Corporation Company Profile
Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.
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