Moss Adams Wealth Advisors LLC Buys 275 Shares of Amphenol Co. (NYSE:APH)

Moss Adams Wealth Advisors LLC increased its stake in shares of Amphenol Co. (NYSE:APH) by 5.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,204 shares of the electronics maker’s stock after purchasing an additional 275 shares during the quarter. Moss Adams Wealth Advisors LLC’s holdings in Amphenol were worth $362,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of APH. Fortitude Family Office LLC raised its stake in shares of Amphenol by 13.9% in the third quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker’s stock valued at $84,000 after acquiring an additional 158 shares during the period. Brown Brothers Harriman & Co. lifted its stake in Amphenol by 50.0% in the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after purchasing an additional 166 shares during the last quarter. Fragasso Financial Advisors Inc boosted its position in shares of Amphenol by 4.7% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock valued at $266,000 after buying an additional 171 shares during the period. Prestige Wealth Management Group LLC grew its stake in shares of Amphenol by 7.4% during the third quarter. Prestige Wealth Management Group LLC now owns 2,751 shares of the electronics maker’s stock valued at $180,000 after buying an additional 189 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC raised its holdings in shares of Amphenol by 4.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 4,505 shares of the electronics maker’s stock worth $294,000 after buying an additional 199 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In other Amphenol news, insider Peter Straub sold 132,000 shares of Amphenol stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $74.12, for a total transaction of $9,783,840.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Craig A. Lampo sold 150,000 shares of the company’s stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $68.76, for a total transaction of $10,314,000.00. Following the completion of the sale, the chief financial officer now directly owns 218,116 shares in the company, valued at $14,997,656.16. This trade represents a 40.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,842,672 shares of company stock valued at $128,858,080. 1.80% of the stock is owned by company insiders.

Amphenol Price Performance

Shares of APH stock opened at $69.44 on Friday. Amphenol Co. has a fifty-two week low of $47.76 and a fifty-two week high of $75.78. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.33 and a current ratio of 1.99. The firm has a market capitalization of $83.71 billion, a price-to-earnings ratio of 39.91, a PEG ratio of 2.01 and a beta of 1.24. The stock’s 50-day simple moving average is $71.82 and its 200-day simple moving average is $67.74.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 23rd. The electronics maker reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The company had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $3.81 billion. Amphenol had a net margin of 15.40% and a return on equity of 24.68%. Amphenol’s revenue was up 26.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. As a group, equities analysts forecast that Amphenol Co. will post 1.84 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th were paid a $0.165 dividend. The ex-dividend date was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a yield of 0.95%. Amphenol’s dividend payout ratio (DPR) is 37.93%.

Analyst Ratings Changes

APH has been the topic of a number of research analyst reports. TD Cowen upped their price target on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Truist Financial upped their target price on shares of Amphenol from $76.00 to $82.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Robert W. Baird lifted their price target on shares of Amphenol from $71.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. 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. Finally, Citigroup raised their price objective on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday. 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 company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $69.79.

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.