Amphenol Co. (NYSE:APH) Holdings Boosted by Dudley & Shanley Inc.

Dudley & Shanley Inc. increased its stake in shares of Amphenol Co. (NYSE:APH) by 0.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 438,950 shares of the electronics maker’s stock after purchasing an additional 580 shares during the period. Amphenol accounts for approximately 4.7% of Dudley & Shanley Inc.’s investment portfolio, making the stock its 5th biggest position. Dudley & Shanley Inc.’s holdings in Amphenol were worth $30,485,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of APH. Commonwealth Equity Services LLC grew its holdings in shares of Amphenol by 98.9% during the second quarter. Commonwealth Equity Services LLC now owns 63,780 shares of the electronics maker’s stock worth $4,297,000 after buying an additional 31,709 shares in the last quarter. Ritholtz Wealth Management purchased a new position in Amphenol during the second quarter worth approximately $290,000. TIAA Trust National Association boosted its stake in Amphenol by 103.6% during the second quarter. TIAA Trust National Association now owns 5,534 shares of the electronics maker’s stock worth $373,000 after buying an additional 2,816 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new stake in shares of Amphenol in the 2nd quarter worth $494,000. Finally, First National Trust Co increased its position in Amphenol by 100.9% during the second quarter. First National Trust Co now owns 12,782 shares of the electronics maker’s stock worth $861,000 after purchasing an additional 6,421 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Truist Financial lifted their price target on shares of Amphenol from $76.00 to $82.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Bank of America upped their price target on Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. Evercore ISI raised their price objective on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. TD Cowen upped their target price on shares of Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Finally, 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 report on Thursday, October 24th. Five 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.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $69.63.

Insider Activity at Amphenol

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

Amphenol Stock Up 1.4 %

Shares of Amphenol stock traded up $0.99 during trading hours on Friday, reaching $70.00. 1,548,637 shares of the company were exchanged, compared to its average volume of 2,868,144. The firm has a market cap of $84.39 billion, a PE ratio of 40.23, a PEG ratio of 2.44 and a beta of 1.24. The stock’s fifty day moving average is $71.67 and its 200 day moving average is $67.57. Amphenol Co. has a 1 year low of $46.94 and a 1 year 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.

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

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.94%. Amphenol’s payout ratio is currently 37.93%.

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.