14,050 Shares in Amphenol Co. (NYSE:APH) Bought by New England Research & Management Inc.

New England Research & Management Inc. acquired a new position in shares of Amphenol Co. (NYSE:APH) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 14,050 shares of the electronics maker’s stock, valued at approximately $976,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. increased its holdings in Amphenol by 208.8% in the fourth 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 in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Amphenol by 50.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker’s stock valued at $17,477,000 after acquiring an additional 90,450 shares during the period. LMR Partners LLP grew its holdings in Amphenol by 315.1% in the third quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker’s stock worth $19,209,000 after purchasing an additional 223,784 shares during the period. Advisors Asset Management Inc. increased its stake in Amphenol by 22.3% in the third quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker’s stock valued at $6,966,000 after purchasing an additional 19,496 shares in the last quarter. Finally, Whalen Wealth Management Inc. bought a new position in shares of Amphenol during the 3rd quarter worth about $484,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Up 1.1 %

Amphenol stock opened at $69.34 on Thursday. The company has a quick ratio of 1.33, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $83.60 billion, a P/E ratio of 36.21, a P/E/G ratio of 2.12 and a beta of 1.24. The firm has a 50 day moving average price of $72.02 and a 200-day moving average price of $67.96. Amphenol Co. has a twelve month low of $50.48 and a twelve month high of $79.39.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.82 EPS. As a group, equities analysts predict that Amphenol Co. will post 2.17 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. raised their price objective on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Citigroup upped their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Evercore ISI increased their price objective on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Robert W. Baird lifted their target price on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Finally, Bank of America raised their price objective on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Insider Buying and Selling

In related news, CFO Craig A. Lampo sold 300,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $71.56, for a total transaction of $21,468,000.00. Following the completion of the transaction, the chief financial officer now directly owns 318,116 shares in the company, valued at $22,764,380.96. The trade was a 48.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP David M. Silverman sold 180,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $71.81, for a total transaction of $12,925,800.00. Following the completion of the transaction, the vice president now owns 14,000 shares in the company, valued at approximately $1,005,340. This trade represents a 92.78 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 612,000 shares of company stock valued at $44,177,640. Company insiders own 1.80% of the company’s stock.

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.