Heartland Bank & Trust Co Has $491,000 Stock Holdings in Amphenol Co. (NYSE:APH)

Heartland Bank & Trust Co lowered its stake in shares of Amphenol Co. (NYSE:APH) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,063 shares of the electronics maker’s stock after selling 215 shares during the period. Heartland Bank & Trust Co’s holdings in Amphenol were worth $491,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Pacer Advisors Inc. grew its position in Amphenol by 7.4% in the 4th quarter. Pacer Advisors Inc. now owns 106,969 shares of the electronics maker’s stock valued at $7,429,000 after purchasing an additional 7,328 shares during the period. Cornerstone Wealth Group LLC increased its position in shares of Amphenol by 17.6% during the fourth quarter. Cornerstone Wealth Group LLC now owns 4,027 shares of the electronics maker’s stock worth $280,000 after acquiring an additional 604 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Amphenol by 208.8% in the 4th quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock worth $1,765,000 after acquiring an additional 18,322 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Amphenol in the 4th quarter valued at about $53,030,000. Finally, AlphaMark Advisors LLC boosted its stake in Amphenol by 0.5% during the 4th quarter. AlphaMark Advisors LLC now owns 34,209 shares of the electronics maker’s stock valued at $2,376,000 after purchasing an additional 180 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on APH. The Goldman Sachs Group raised their target price on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday. TD Cowen lifted their price objective on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Truist Financial increased their target price on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday. JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Citigroup lifted their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $80.68.

Insider Buying and Selling

In other Amphenol news, VP David M. Silverman sold 180,000 shares of the firm’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $68.84, for a total value of $12,391,200.00. Following the completion of the transaction, the vice president now owns 14,000 shares in the company, valued at $963,760. This trade represents a 92.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 150,000 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now owns 218,116 shares in the company, valued at approximately $14,997,656.16. This represents a 40.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,842,672 shares of company stock valued at $128,858,080. Company insiders own 1.80% of the company’s stock.

Amphenol Price Performance

Shares of NYSE APH opened at $77.10 on Monday. The company has a current ratio of 2.37, a quick ratio of 1.33 and a debt-to-equity ratio of 0.66. The stock has a fifty day simple moving average of $72.12 and a two-hundred day simple moving average of $67.98. Amphenol Co. has a 1-year low of $49.38 and a 1-year high of $79.39. The firm has a market cap of $92.95 billion, a price-to-earnings ratio of 40.26, a price-to-earnings-growth ratio of 2.12 and a beta of 1.24.

Amphenol (NYSE:APH) last posted 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. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4,051,810 billion. During the same quarter in the prior year, the company earned $0.82 EPS. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. Analysts anticipate that Amphenol Co. will post 2.17 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 17th were paid a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol’s payout ratio is currently 34.46%.

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.