Amphenol Co. (NYSE:APH) Stock Holdings Increased by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. lifted its position in Amphenol Co. (NYSE:APH) by 14.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,131 shares of the electronics maker’s stock after acquiring an additional 3,574 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Amphenol were worth $2,023,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Princeton Global Asset Management LLC increased its stake in Amphenol by 0.6% during the fourth quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker’s stock valued at $1,634,000 after purchasing an additional 136 shares during the last quarter. WASHINGTON TRUST Co raised its stake in Amphenol by 23.0% during the fourth quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker’s stock worth $55,000 after acquiring an additional 147 shares during the period. Fragasso Financial Advisors Inc lifted its holdings in Amphenol by 4.7% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock worth $266,000 after acquiring an additional 171 shares during the last quarter. Newbridge Financial Services Group Inc. boosted its stake in Amphenol by 3.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 5,483 shares of the electronics maker’s stock valued at $381,000 after acquiring an additional 173 shares during the period. Finally, Robertson Stephens Wealth Management LLC raised its position in shares of Amphenol by 3.5% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 5,219 shares of the electronics maker’s stock worth $363,000 after purchasing an additional 177 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Down 0.3 %

Amphenol stock opened at $75.81 on Monday. Amphenol Co. has a 1 year low of $54.77 and a 1 year high of $79.39. The firm’s 50 day moving average price is $65.53 and its two-hundred day moving average price is $69.01. The firm has a market cap of $91.87 billion, a price-to-earnings ratio of 39.59, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, beating the consensus estimate of $0.52 by $0.11. The business had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. During the same period in the prior year, the business posted $0.40 earnings per share. On average, research analysts predict that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date was Tuesday, March 18th. Amphenol’s dividend payout ratio is 34.55%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on APH. JPMorgan Chase & Co. upped their price objective on Amphenol from $85.00 to $91.00 and gave the stock an “overweight” rating in a research note on Thursday. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a report on Thursday. Citigroup upped their target price on shares of Amphenol from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday. Robert W. Baird boosted their price objective on Amphenol from $73.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Truist Financial raised their target price on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.58.

About Amphenol

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.