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

YHB Investment Advisors Inc. reduced its holdings in Amphenol Co. (NYSE:APH) by 0.5% during the 4th quarter, HoldingsChannel reports. 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 quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp raised its holdings in Amphenol by 3.0% during the 3rd quarter. State Street Corp now owns 53,534,216 shares of the electronics maker’s stock worth $3,496,777,000 after buying an additional 1,537,880 shares during the period. Geode Capital Management LLC grew 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 buying an additional 564,991 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in 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 valued at $427,363,000 after buying an additional 63,180 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Amphenol by 25.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,329,913 shares of the electronics maker’s stock worth $347,297,000 after purchasing an additional 1,073,480 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Amphenol by 89.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock worth $280,397,000 after acquiring an additional 2,032,402 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of NYSE:APH opened at $67.49 on Tuesday. The firm has a 50 day simple moving average of $72.12 and a 200 day simple moving average of $67.98. Amphenol Co. has a one year low of $49.97 and a one year high of $79.39. 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 debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.33.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4,051,810 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. Amphenol’s revenue was up 29.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.82 earnings per share. Research analysts predict that Amphenol Co. will post 2.17 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced 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 yield of 0.98%. The ex-dividend date of this dividend was Tuesday, December 17th. Amphenol’s dividend payout ratio is presently 34.46%.

Insider Activity at Amphenol

In other news, 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 completion of the sale, the chief financial officer now owns 318,116 shares in the company, valued at $22,764,380.96. The trade was a 48.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Peter Straub sold 132,000 shares of the company’s stock in a transaction that occurred on 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. Insiders have sold a total of 612,000 shares of company stock worth $44,177,640 over the last quarter. Company insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

APH has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their target price on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. TD Cowen lifted their price target on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Bank of America upped their price objective on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Evercore ISI lifted their target price on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Finally, The Goldman Sachs Group upped their price target on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus 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.