Today, 1,365 Shares of Amphenol Corp. (APH) are sold by Mutual of America Capital Management LLC

Today, 1,365 Shares of Amphenol Corp. (APH) are sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its stake in Amphenol Corp. (NYSE:APH) by 3.2% during the third quarter, Holdings Channel reports. The fund owned 41,623 shares of the company’s stock after selling 1,365 shares during the period. Mutual of America Capital Management LLC’s holdings in Amphenol Corp. were worth $2,702,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Reliance Trust Co. of Delaware boosted its stake in shares of Amphenol Corp. by 0.6% in the second quarter. Reliance Trust Co. of Delaware now owns 5,055 shares of the company’s stock valued at $290,000 after buying an additional 31 shares during the last quarter. Montag & Caldwell LLC increased its stake in Amphenol Corp. by 0.3% in the second quarter. Montag & Caldwell LLC now owns 13,244 shares of the company’s stock valued at $759,000 after buying an additional 40 shares during the period. Commerce Bank increased its stake in Amphenol Corp. by 0.6% in the second quarter. Commerce Bank now owns 14,957 shares of the company’s stock valued at $857,000 after buying an additional 87 shares during the period. First Allied Advisory Services Inc. increased its stake in Amphenol Corp. by 0.8% in the second quarter. First Allied Advisory Services Inc. now owns 10,926 shares of the company’s stock valued at $628,000 after buying an additional 90 shares during the period. Finally, Quadrant Capital Group LLC increased its stake in Amphenol Corp. by 3.2% in the second quarter. Quadrant Capital Group LLC now owns 3,215 shares of the company’s stock valued at $181,000 after buying an additional 99 shares during the period. 95.54% of the stock is currently owned by institutional investors.

Shares of Amphenol Corp. (NYSE:APH) traded up 0.93% on Friday, hitting $68.67. The stock had a trading volume of 377,318 shares. Amphenol Corp. has a 12 month low of $44.50 and a 12 month high of $68.67. The company has a market cap of $21.18 billion, a P/E ratio of 27.58 and a beta of 0.98. The company’s 50 day moving average price is $65.91 and its 200-day moving average price is $61.34.

Amphenol Corp. (NYSE:APH) last released its quarterly earnings data on Wednesday, October 19th. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.68 by $0.05. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.58 billion. Amphenol Corp. had a return on equity of 23.48% and a net margin of 12.98%. Amphenol Corp.’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the business posted $0.65 EPS. On average, analysts expect that Amphenol Corp. will post $2.70 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 5th. Shareholders of record on Tuesday, December 13th will be issued a dividend of $0.16 per share. This is an increase from Amphenol Corp.’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 0.93%. Amphenol Corp.’s dividend payout ratio (DPR) is presently 22.49%.

APH has been the topic of several analyst reports. Goldman Sachs Group Inc. raised Amphenol Corp. from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $60.00 to $70.00 in a report on Tuesday, September 20th. RBC Capital Markets reissued a “top pick” rating and issued a $66.00 target price (up from $65.00) on shares of Amphenol Corp. in a report on Tuesday, September 20th. Royal Bank Of Canada boosted their target price on Amphenol Corp. from $68.00 to $69.00 and gave the stock a “top pick” rating in a report on Thursday, October 20th. Finally, Zacks Investment Research downgraded Amphenol Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, September 20th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $69.11.

In other Amphenol Corp. news, VP Edward C. Wetmore sold 84,000 shares of the firm’s stock in a transaction on Friday, October 21st. The stock was sold at an average price of $66.11, for a total transaction of $5,553,240.00. Following the transaction, the vice president now directly owns 90,784 shares in the company, valued at approximately $6,001,730.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Craig A. Lampo sold 23,000 shares of the firm’s stock in a transaction on Monday, August 29th. The stock was sold at an average price of $62.08, for a total value of $1,427,840.00. Following the transaction, the chief financial officer now owns 43,000 shares in the company, valued at $2,669,440. The disclosure for this sale can be found here. Company insiders own 2.92% of the company’s stock.

About Amphenol Corp.

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: Interconnect Products and Assemblies, and Cable Products and Solutions.

Related posts

Leave a Comment