Town & Country Bank & Trust CO dba First Bankers Trust CO Purchases New Position in Amphenol Co. (NYSE:APH)

Town & Country Bank & Trust CO dba First Bankers Trust CO bought a new stake in shares of Amphenol Co. (NYSE:APH) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,926 shares of the electronics maker’s stock, valued at approximately $1,870,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Nilsine Partners LLC lifted its holdings in Amphenol by 13.4% in the 4th quarter. Nilsine Partners LLC now owns 4,312 shares of the electronics maker’s stock worth $299,000 after purchasing an additional 511 shares during the last quarter. Pacer Advisors Inc. raised its position in shares of Amphenol by 7.4% during the fourth quarter. Pacer Advisors Inc. now owns 106,969 shares of the electronics maker’s stock valued at $7,429,000 after buying an additional 7,328 shares during the last quarter. Cornerstone Wealth Group LLC lifted its stake in shares of Amphenol by 17.6% in the fourth quarter. Cornerstone Wealth Group LLC now owns 4,027 shares of the electronics maker’s stock valued at $280,000 after buying an additional 604 shares during the period. Blue Trust Inc. grew its position in Amphenol by 208.8% during the fourth quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock worth $1,765,000 after buying an additional 18,322 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new position in Amphenol during the fourth quarter valued at about $53,030,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity at Amphenol

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Truist Financial lifted their price objective on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Bank of America boosted their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Robert W. Baird increased their price target on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Finally, TD Cowen lifted their price objective on Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a report on Friday, October 25th. Five investment 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $80.68.

Amphenol Stock Down 12.6 %

NYSE APH opened at $67.49 on Tuesday. The stock’s 50 day simple moving average is $72.12 and its 200 day simple moving average is $67.98. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.33. Amphenol Co. has a one year low of $49.97 and a one year high of $79.39. The firm has a market cap of $81.36 billion, a PE ratio of 35.24, a price-to-earnings-growth ratio of 2.12 and a beta of 1.24.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion during the quarter, compared to analyst estimates of $4,051,810 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 period last year, the company posted $0.82 earnings per share. As a group, sell-side analysts forecast that Amphenol Co. will post 2.17 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 17th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.98%. Amphenol’s payout ratio is 34.46%.

Amphenol 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.