Mutual of America Capital Management LLC Purchases 3,391 Shares of Amphenol Corporation $APH

Mutual of America Capital Management LLC lifted its position in Amphenol Corporation (NYSE:APH) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,808 shares of the electronics maker’s stock after buying an additional 3,391 shares during the period. Mutual of America Capital Management LLC’s holdings in Amphenol were worth $25,097,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APH. Norges Bank bought a new position in Amphenol in the second quarter valued at approximately $2,104,244,000. Holocene Advisors LP boosted its holdings in shares of Amphenol by 201.2% in the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock valued at $381,909,000 after buying an additional 2,583,628 shares during the last quarter. Jennison Associates LLC bought a new position in shares of Amphenol in the third quarter valued at $287,947,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in shares of Amphenol in the second quarter valued at $225,757,000. Finally, Geode Capital Management LLC increased its holdings in Amphenol by 8.4% during the second quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock worth $2,804,338,000 after buying an additional 2,217,079 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Evercore ISI reiterated an “outperform” rating and issued a $165.00 price target on shares of Amphenol in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a report on Wednesday. UBS Group reiterated a “buy” rating and set a $174.00 price target (up previously from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Citigroup reaffirmed a “buy” rating and set a $175.00 price target (up previously from $160.00) on shares of Amphenol in a report on Monday, January 12th. Finally, Fox Advisors reissued an “outperform” rating on shares of Amphenol in a research report on Friday, January 9th. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $147.62.

Insider Activity

In related news, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total value of $5,750,906.00. Following the transaction, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at $5,723,354. This trade represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 698,076 shares of company stock worth $99,081,306. Insiders own 1.67% of the company’s stock.

Amphenol Stock Down 1.0%

Shares of NYSE APH opened at $150.97 on Monday. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $157.54. The stock’s fifty day moving average is $139.45 and its 200 day moving average is $125.83. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a market capitalization of $184.79 billion, a P/E ratio of 50.32, a PEG ratio of 0.92 and a beta of 1.21.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.