Clarius Group LLC Has $731,000 Stock Holdings in Amphenol Co. (NYSE:APH)

Clarius Group LLC grew its stake in shares of Amphenol Co. (NYSE:APH) by 12.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,519 shares of the electronics maker’s stock after purchasing an additional 1,164 shares during the period. Clarius Group LLC’s holdings in Amphenol were worth $731,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Trifecta Capital Advisors LLC boosted its holdings in Amphenol by 352.1% in the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock worth $28,000 after acquiring an additional 338 shares in the last quarter. Core Alternative Capital lifted its holdings in shares of Amphenol by 100.0% in the 2nd quarter. Core Alternative Capital now owns 462 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 231 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Amphenol by 50.0% in 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 period. Continuum Advisory LLC increased its stake in 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 purchasing an additional 234 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in Amphenol by 100.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 647 shares of the electronics maker’s stock valued at $44,000 after purchasing an additional 324 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 180,000 shares of Amphenol stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $71.81, for a total value of $12,925,800.00. Following the completion of the transaction, the vice president now directly owns 14,000 shares in the company, valued at approximately $1,005,340. The trade was a 92.78 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Peter Straub sold 132,000 shares of the stock in a transaction dated Friday, November 8th. The stock was 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. In the last three months, insiders have sold 1,842,672 shares of company stock worth $128,858,080. Company insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Bank of America lifted their price objective on shares of Amphenol from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Robert W. Baird lifted their price target on 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. Truist Financial lifted their target price on Amphenol from $76.00 to $82.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, TD Cowen increased their price target on Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research report on Friday, October 25th. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.79.

Amphenol Stock Performance

Shares of APH stock opened at $69.44 on Friday. Amphenol Co. has a 52 week low of $47.76 and a 52 week high of $75.78. The firm’s 50-day simple moving average is $71.82 and its two-hundred day simple moving average is $67.74. The firm has a market cap of $83.71 billion, a price-to-earnings ratio of 39.91, a P/E/G ratio of 2.01 and a beta of 1.24. 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 posted its quarterly earnings data on Wednesday, October 23rd. The electronics maker reported $0.50 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the prior year, the business earned $0.39 earnings per share. Amphenol’s revenue for the quarter was up 26.3% on a year-over-year basis. As a group, equities analysts forecast that Amphenol Co. will post 1.84 earnings per share for the current year.

Amphenol Announces Dividend

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

About Amphenol

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.