Caitlin John LLC Grows Stock Holdings in Amphenol Co. (NYSE:APH)

Caitlin John LLC boosted its holdings in shares of Amphenol Co. (NYSE:APH) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 38,912 shares of the electronics maker’s stock after buying an additional 508 shares during the period. Amphenol makes up about 1.8% of Caitlin John LLC’s holdings, making the stock its 6th largest holding. Caitlin John LLC’s holdings in Amphenol were worth $2,702,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Trifecta Capital Advisors LLC increased its stake in Amphenol by 352.1% in the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after acquiring an additional 338 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in shares of Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 166 shares during the last quarter. Continuum Advisory LLC raised its holdings in shares of Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after buying an additional 234 shares in the last quarter. Hanson & Doremus Investment Management purchased a new stake in Amphenol in the fourth quarter worth approximately $32,000. Finally, Endeavor Private Wealth Inc. bought a new position in Amphenol during the fourth quarter valued at approximately $49,000. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

APH has been the subject of a number of research reports. Robert W. Baird upped their price objective on shares of Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research note on Thursday, January 23rd. The Goldman Sachs Group upped their price target on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Bank of America lifted their price objective on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised 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, Citigroup boosted their price objective on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Five 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’s stock. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $80.68.

Insider Buying and Selling at Amphenol

In related news, insider Peter Straub sold 132,000 shares of the stock in a transaction dated 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 filing with the SEC, which can be accessed through the SEC website. Insiders own 1.80% of the company’s stock.

Amphenol Stock Performance

Amphenol stock opened at $69.44 on Thursday. Amphenol Co. has a fifty-two week low of $51.13 and a fifty-two week high of $79.39. The stock has a market cap of $83.72 billion, a price-to-earnings ratio of 36.26, a PEG ratio of 2.17 and a beta of 1.23. The stock’s 50 day simple moving average is $71.75 and its two-hundred day simple moving average is $68.08. 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 (NYSE:APH) last issued 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 for the quarter, compared to analysts’ expectations of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 earnings per share. As a group, analysts expect that Amphenol Co. will post 2.26 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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