YHB Investment Advisors Inc. Has $9.77 Million Holdings in Amphenol Co. (NYSE:APH)

YHB Investment Advisors Inc. cut its holdings in shares of Amphenol Co. (NYSE:APH) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,678 shares of the electronics maker’s stock after selling 754 shares during the quarter. YHB Investment Advisors Inc.’s holdings in Amphenol were worth $9,770,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp boosted its position in shares of Amphenol by 3.0% in the third quarter. State Street Corp now owns 53,534,216 shares of the electronics maker’s stock valued at $3,496,777,000 after acquiring an additional 1,537,880 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Amphenol by 2.3% during the third quarter. Geode Capital Management LLC now owns 24,666,093 shares of the electronics maker’s stock worth $1,601,540,000 after purchasing an additional 564,991 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Amphenol by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,558,670 shares of the electronics maker’s stock worth $427,363,000 after purchasing an additional 63,180 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its stake in Amphenol by 25.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,329,913 shares of the electronics maker’s stock valued at $347,297,000 after buying an additional 1,073,480 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its position in Amphenol by 89.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock valued at $280,397,000 after buying an additional 2,032,402 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

Insider Transactions at Amphenol

In other Amphenol news, VP David M. Silverman sold 180,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the vice president now owns 14,000 shares in the company, valued at approximately $1,005,340. This represents a 92.78 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Craig A. Lampo sold 300,000 shares of Amphenol stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $71.56, for a total value of $21,468,000.00. Following the transaction, the chief financial officer now owns 318,116 shares in the company, valued at approximately $22,764,380.96. This trade represents a 48.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 612,000 shares of company stock valued at $44,177,640 over the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Amphenol Price Performance

APH stock opened at $67.49 on Tuesday. The company has a market cap of $81.36 billion, a price-to-earnings ratio of 35.24, a PEG ratio of 2.12 and a beta of 1.24. 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 firm has a 50 day moving average of $72.12 and a 200-day moving average of $67.98. Amphenol Co. has a 12-month low of $49.97 and a 12-month high of $79.39.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4,051,810 billion. During the same period last year, the company posted $0.82 EPS. The company’s revenue was up 29.8% on a year-over-year basis. As a group, equities analysts expect that Amphenol Co. will post 2.17 EPS for the current fiscal year.

Amphenol Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on APH. JPMorgan Chase & Co. raised their target price on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, January 23rd. TD Cowen boosted their price target on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. The Goldman Sachs Group raised their price objective on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Robert W. Baird upped their target price 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. Finally, Truist Financial increased their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Five 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $80.68.

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.