Sheaff Brock Investment Advisors LLC lifted its stake in Amphenol Corporation (NYSE:APH) by 4.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,497 shares of the electronics maker’s stock after acquiring an additional 470 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Amphenol Corporation were worth $849,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of the company. Birch Hill Investment Advisors LLC acquired a new stake in Amphenol Corporation during the first quarter valued at approximately $105,000. Dupont Capital Management Corp acquired a new stake in Amphenol Corporation during the second quarter valued at approximately $109,000. YorkBridge Wealth Partners LLC lifted its stake in Amphenol Corporation by 300.0% during the first quarter. YorkBridge Wealth Partners LLC now owns 1,600 shares of the electronics maker’s stock valued at $114,000 after purchasing an additional 1,200 shares during the last quarter. Israel Discount Bank of New York acquired a new stake in Amphenol Corporation during the first quarter valued at approximately $121,000. Finally, Parallel Advisors LLC lifted its stake in Amphenol Corporation by 28.9% during the second quarter. Parallel Advisors LLC now owns 1,746 shares of the electronics maker’s stock valued at $134,000 after purchasing an additional 391 shares during the last quarter. 96.87% of the stock is owned by institutional investors.
In other news, CFO Craig A. Lampo sold 15,000 shares of Amphenol Corporation stock in a transaction dated Tuesday, August 22nd. The stock was sold at an average price of $79.70, for a total transaction of $1,195,500.00. Following the completion of the sale, the chief financial officer now owns 40,000 shares in the company, valued at approximately $3,188,000. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Richard Adam Norwitt sold 200,000 shares of Amphenol Corporation stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $77.95, for a total value of $15,590,000.00. Following the sale, the chief executive officer now owns 293,992 shares of the company’s stock, valued at approximately $22,916,676.40. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 433,200 shares of company stock valued at $33,886,886. Insiders own 2.51% of the company’s stock.
Amphenol Corporation (APH) opened at 82.24 on Friday. Amphenol Corporation has a 1-year low of $62.36 and a 1-year high of $82.30. The firm has a market cap of $25.12 billion, a price-to-earnings ratio of 27.69 and a beta of 0.76. The firm has a 50-day moving average of $79.23 and a 200 day moving average of $74.36.
Amphenol Corporation (NYSE:APH) last posted its quarterly earnings results on Wednesday, July 26th. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.09. Amphenol Corporation had a return on equity of 24.98% and a net margin of 14.37%. The firm had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same period in the prior year, the business earned $0.65 EPS. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Analysts expect that Amphenol Corporation will post $3.09 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 11th. Stockholders of record on Monday, September 18th will be given a dividend of $0.19 per share. The ex-dividend date is Friday, September 15th. This is a positive change from Amphenol Corporation’s previous quarterly dividend of $0.16. This represents a $0.76 annualized dividend and a dividend yield of 0.92%. Amphenol Corporation’s dividend payout ratio (DPR) is currently 21.55%.
WARNING: “Sheaff Brock Investment Advisors LLC Purchases 470 Shares of Amphenol Corporation (NYSE:APH)” was published by BBNS and is owned by of BBNS. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://baseballnewssource.com/markets/amphenol-corporation-aph-holdings-lifted-by-sheaff-brock-investment-advisors-llc/1600018.html.
APH has been the subject of several recent research reports. Royal Bank Of Canada reissued a “buy” rating on shares of Amphenol Corporation in a research note on Thursday, June 1st. Zacks Investment Research lowered shares of Amphenol Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. BidaskClub lowered shares of Amphenol Corporation from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, June 21st. Finally, Goldman Sachs Group, Inc. (The) lowered shares of Amphenol Corporation from a “buy” rating to a “neutral” rating and increased their target price for the company from $75.00 to $78.00 in a research note on Wednesday, July 5th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $80.00.
About Amphenol Corporation
Amphenol Corporation (Amphenol) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor- based products, and coaxial and specialty cable. The Company operates through two segments, which include Interconnect Products and Assemblies, and Cable Products and Solutions.
Receive News & Ratings for Amphenol Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol Corporation and related companies with our FREE daily email newsletter.