Compass Capital Management Inc. Has $61.52 Million Position in Amphenol Co. (NYSE:APH)

Compass Capital Management Inc. decreased its position in Amphenol Co. (NYSE:APH) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 620,567 shares of the electronics maker’s stock after selling 14,970 shares during the quarter. Amphenol makes up approximately 4.4% of Compass Capital Management Inc.’s portfolio, making the stock its 3rd largest position. Compass Capital Management Inc.’s holdings in Amphenol were worth $61,517,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Valeo Financial Advisors LLC lifted its holdings in shares of Amphenol by 21.8% in the third quarter. Valeo Financial Advisors LLC now owns 3,014 shares of the electronics maker’s stock worth $253,000 after buying an additional 540 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in Amphenol by 1.2% in the third quarter. Commonwealth Equity Services LLC now owns 28,057 shares of the electronics maker’s stock worth $2,357,000 after acquiring an additional 340 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in Amphenol by 16.1% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 10,601 shares of the electronics maker’s stock valued at $890,000 after buying an additional 1,468 shares during the period. Xponance Inc. increased its holdings in Amphenol by 1.0% in the 3rd quarter. Xponance Inc. now owns 101,349 shares of the electronics maker’s stock worth $8,512,000 after buying an additional 1,010 shares in the last quarter. Finally, Mission Wealth Management LP purchased a new position in Amphenol in the 3rd quarter worth about $276,000. Institutional investors own 97.01% of the company’s stock.

Insider Transactions at Amphenol

In other news, CFO Craig A. Lampo sold 100,000 shares of the firm’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $104.67, for a total transaction of $10,467,000.00. Following the completion of the sale, the chief financial officer now directly owns 147,045 shares of the company’s stock, valued at approximately $15,391,200.15. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, VP Lance E. D’amico sold 15,000 shares of the firm’s stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $104.75, for a total value of $1,571,250.00. Following the sale, the vice president now directly owns 25,700 shares of the company’s stock, valued at $2,692,075. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Craig A. Lampo sold 100,000 shares of Amphenol stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $104.67, for a total value of $10,467,000.00. Following the sale, the chief financial officer now directly owns 147,045 shares in the company, valued at $15,391,200.15. The disclosure for this sale can be found here. Over the last three months, insiders sold 305,000 shares of company stock worth $31,846,050. Company insiders own 1.80% of the company’s stock.

Amphenol Trading Down 1.1 %

Shares of APH stock traded down $1.36 during mid-day trading on Tuesday, hitting $120.77. 3,540,315 shares of the company’s stock were exchanged, compared to its average volume of 2,894,029. Amphenol Co. has a fifty-two week low of $72.77 and a fifty-two week high of $123.60. The stock has a 50-day simple moving average of $112.37 and a two-hundred day simple moving average of $100.19. The company has a quick ratio of 1.43, a current ratio of 2.06 and a debt-to-equity ratio of 0.41. The stock has a market cap of $72.65 billion, a price-to-earnings ratio of 37.35, a PEG ratio of 3.17 and a beta of 1.30.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, April 24th. The electronics maker reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.07. Amphenol had a return on equity of 23.85% and a net margin of 15.87%. The company had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the previous year, the firm posted $0.69 earnings per share. The firm’s quarterly revenue was up 9.5% on a year-over-year basis. Equities analysts expect that Amphenol Co. will post 3.34 EPS for the current fiscal year.

Amphenol declared that its board has initiated a share repurchase plan on Wednesday, April 24th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the electronics maker to reacquire up to 2.9% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Tuesday, March 19th were given a dividend of $0.22 per share. The ex-dividend date was Monday, March 18th. This represents a $0.88 annualized dividend and a dividend yield of 0.73%. Amphenol’s dividend payout ratio is presently 26.91%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. UBS Group upped their price target on Amphenol from $135.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. Jefferies Financial Group began coverage on Amphenol in a research note on Tuesday, April 9th. They issued a “hold” rating and a $125.00 target price on the stock. Evercore ISI raised their price target on Amphenol from $125.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, April 25th. Citigroup raised their price objective on Amphenol from $117.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, April 4th. Finally, Robert W. Baird raised their price objective on Amphenol from $123.00 to $124.00 and gave the company an “outperform” rating in a research report on Thursday, April 25th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and an average price target of $118.83.

Amphenol Company 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.