Amphenol Co. (NYSE:APH) Shares Sold by Florida Financial Advisors LLC

Florida Financial Advisors LLC lowered its stake in Amphenol Co. (NYSE:APH) by 6.3% during the fourth quarter, HoldingsChannel reports. The firm owned 5,505 shares of the electronics maker’s stock after selling 367 shares during the period. Florida Financial Advisors LLC’s holdings in Amphenol were worth $382,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in Amphenol by 208.8% in the 4th quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock worth $1,765,000 after purchasing an additional 18,322 shares during the period. Spire Wealth Management grew its holdings in shares of Amphenol by 34.1% during the fourth quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker’s stock valued at $6,836,000 after buying an additional 25,007 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in Amphenol by 50.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker’s stock worth $17,477,000 after acquiring an additional 90,450 shares in the last quarter. Consolidated Planning Corp lifted its position in shares of Amphenol by 37.0% in the fourth quarter. Consolidated Planning Corp now owns 17,160 shares of the electronics maker’s stock worth $1,192,000 after purchasing an additional 4,631 shares in the last quarter. Finally, Glenmede Trust Co. NA boosted its stake in shares of Amphenol by 11.8% during the 3rd quarter. Glenmede Trust Co. NA now owns 1,682,734 shares of the electronics maker’s stock valued at $109,647,000 after buying an additional 177,510 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Performance

Shares of NYSE:APH opened at $69.36 on Tuesday. The business has a fifty day moving average of $68.03 and a 200-day moving average of $68.63. The firm has a market cap of $84.05 billion, a PE ratio of 36.22, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. Amphenol Co. has a twelve month low of $54.72 and a twelve month high of $79.39.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company’s revenue was up 29.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.82 EPS. On average, equities research analysts predict that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 0.95%. Amphenol’s payout ratio is 34.55%.

Analyst Ratings Changes

APH has been the subject of several research reports. Citigroup lifted their price target on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. The Goldman Sachs Group raised their price target on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Robert W. Baird upped their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. boosted their price target on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, Bank of America increased their price target on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

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 through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.