Reilly Herbert Faulkner III lifted its position in shares of Amphenol Co. (NYSE:APH) by 2.3% during the 1st quarter, HoldingsChannel reports. The fund owned 62,736 shares of the electronics maker’s stock after purchasing an additional 1,415 shares during the period. Amphenol accounts for 2.7% of Reilly Herbert Faulkner III’s portfolio, making the stock its 19th biggest position. Reilly Herbert Faulkner III’s holdings in Amphenol were worth $5,925,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Lindbrook Capital LLC purchased a new stake in shares of Amphenol during the 4th quarter worth about $35,000. Moody National Bank Trust Division boosted its stake in shares of Amphenol by 103.9% during the 1st quarter. Moody National Bank Trust Division now owns 471 shares of the electronics maker’s stock worth $44,000 after acquiring an additional 240 shares in the last quarter. Cornerstone Advisors Inc. boosted its stake in shares of Amphenol by 36.4% during the 1st quarter. Cornerstone Advisors Inc. now owns 517 shares of the electronics maker’s stock worth $49,000 after acquiring an additional 138 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Amphenol by 189.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 547 shares of the electronics maker’s stock worth $45,000 after acquiring an additional 358 shares in the last quarter. Finally, Bremer Trust National Association purchased a new stake in shares of Amphenol during the 4th quarter worth about $46,000. 96.05% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently issued reports on APH shares. ValuEngine raised shares of Amphenol from a “hold” rating to a “buy” rating in a research note on Wednesday, April 3rd. Wells Fargo & Co set a $105.00 target price on shares of Amphenol and gave the stock a “buy” rating in a research note on Monday, March 18th. Morgan Stanley increased their target price on shares of Amphenol from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 5th. SunTrust Banks raised shares of Amphenol from a “hold” rating to a “buy” rating and increased their target price for the stock from $89.00 to $112.00 in a research note on Tuesday, April 2nd. Finally, Bank of America reissued a “buy” rating and set a $107.00 target price (up from $103.00) on shares of Amphenol in a research note on Thursday, February 7th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $105.29.

In related news, VP Jean-Luc Gavelle sold 31,000 shares of the firm’s stock in a transaction dated Wednesday, February 27th. The shares were sold at an average price of $94.00, for a total value of $2,914,000.00. Following the transaction, the vice president now directly owns 31,000 shares of the company’s stock, valued at approximately $2,914,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Lance E. D’amico sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $95.42, for a total transaction of $954,200.00. Following the completion of the transaction, the vice president now directly owns 12,000 shares in the company, valued at $1,145,040. The disclosure for this sale can be found here. Insiders sold a total of 886,505 shares of company stock worth $88,065,603 over the last ninety days. 2.60% of the stock is currently owned by corporate insiders.

Shares of Amphenol stock opened at $90.40 on Tuesday. The stock has a market capitalization of $27.37 billion, a P/E ratio of 23.98, a P/E/G ratio of 2.19 and a beta of 0.91. Amphenol Co. has a twelve month low of $74.95 and a twelve month high of $105.51. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.76 and a current ratio of 2.50.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, April 24th. The electronics maker reported $0.89 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.88 by $0.01. The firm had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.94 billion. Amphenol had a net margin of 14.55% and a return on equity of 29.75%. Amphenol’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the company posted $0.83 EPS. Sell-side analysts forecast that Amphenol Co. will post 3.88 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 11th. Investors of record on Wednesday, June 19th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.02%. The ex-dividend date is Tuesday, June 18th. Amphenol’s dividend payout ratio is presently 24.40%.

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Amphenol Company Profile

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors worldwide. It operates through two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, busbars, and distribution systems; and other connectors.

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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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