Diana G. Reardon Sells 28,000 Shares of Amphenol Corporation (APH) Stock

Amphenol Corporation (NYSE:APH) Director Diana G. Reardon sold 28,000 shares of the stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $87.28, for a total value of $2,443,840.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Amphenol Corporation (NYSE APH) opened at $87.33 on Friday. Amphenol Corporation has a 52-week low of $64.83 and a 52-week high of $88.19. The firm has a market capitalization of $26,665.25, a price-to-earnings ratio of 27.72, a PEG ratio of 2.68 and a beta of 0.80. The company has a debt-to-equity ratio of 0.87, a current ratio of 3.04 and a quick ratio of 2.27.

Amphenol Corporation (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 25th. The electronics maker reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. Amphenol Corporation had a return on equity of 25.63% and a net margin of 14.73%. The business had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.74 billion. During the same quarter last year, the business posted $0.73 earnings per share. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. sell-side analysts forecast that Amphenol Corporation will post 3.21 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Stockholders of record on Monday, December 18th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date is Friday, December 15th. Amphenol Corporation’s dividend payout ratio is currently 24.20%.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Community Financial News and is owned by of Community Financial News. If you are viewing this piece on another domain, it was stolen and republished in violation of United States & international trademark & copyright law. The correct version of this piece can be accessed at https://www.com-unik.info/2017/11/05/diana-g-reardon-sells-28000-shares-of-amphenol-corporation-aph-stock.html.

Several hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Amphenol Corporation by 2.6% in the second quarter. Vanguard Group Inc. now owns 30,560,224 shares of the electronics maker’s stock valued at $2,255,957,000 after buying an additional 765,862 shares in the last quarter. Capital World Investors increased its position in shares of Amphenol Corporation by 0.9% in the second quarter. Capital World Investors now owns 26,040,751 shares of the electronics maker’s stock valued at $1,922,328,000 after buying an additional 236,214 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Amphenol Corporation by 1,662.5% in the second quarter. Janus Henderson Group PLC now owns 10,597,526 shares of the electronics maker’s stock valued at $782,311,000 after buying an additional 9,996,239 shares in the last quarter. Capital Research Global Investors increased its position in shares of Amphenol Corporation by 31.7% in the second quarter. Capital Research Global Investors now owns 3,170,204 shares of the electronics maker’s stock valued at $234,024,000 after buying an additional 762,494 shares in the last quarter. Finally, Voya Investment Management LLC increased its position in shares of Amphenol Corporation by 33.9% in the second quarter. Voya Investment Management LLC now owns 2,760,299 shares of the electronics maker’s stock valued at $203,766,000 after buying an additional 698,538 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Several brokerages recently weighed in on APH. Stifel Nicolaus increased their price target on Amphenol Corporation from $78.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, October 26th. Morgan Stanley raised their target price on Amphenol Corporation from $74.00 to $85.00 and gave the company an “equal weight” rating in a report on Thursday, October 26th. Deutsche Bank AG raised their target price on Amphenol Corporation from $95.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, October 26th. SunTrust Banks, Inc. raised their target price on Amphenol Corporation from $77.00 to $82.00 and gave the company a “neutral” rating in a report on Thursday, October 26th. Finally, Canaccord Genuity reissued a “hold” rating on shares of Amphenol Corporation in a report on Monday, October 16th. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $86.78.

About Amphenol Corporation

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.

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

What are top analysts saying about Amphenol Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Amphenol Corporation and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit