Capital Advisors Ltd. LLC raised its position in Amphenol Co. (NYSE:APH – Free Report) by 34.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 763 shares of the electronics maker’s stock after acquiring an additional 196 shares during the period. Capital Advisors Ltd. LLC’s holdings in Amphenol were worth $53,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new position in shares of Amphenol during the 4th quarter worth approximately $28,000. Brown Brothers Harriman & Co. increased its position in shares of Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after purchasing an additional 166 shares during the last quarter. Continuum Advisory LLC increased its position in shares of Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after purchasing an additional 234 shares during the last quarter. Hanson & Doremus Investment Management acquired a new position in shares of Amphenol during the 4th quarter worth approximately $32,000. Finally, Endeavor Private Wealth Inc. acquired a new position in shares of Amphenol during the 4th quarter worth approximately $49,000. Institutional investors own 97.01% of the company’s stock.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Citigroup boosted their price target on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. boosted their target price on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. The Goldman Sachs Group boosted their target price on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Bank of America boosted their target price on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Finally, Robert W. Baird boosted their target price on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report 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 given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.
Amphenol Stock Performance
APH opened at $67.14 on Tuesday. The business has a fifty day simple moving average of $70.57 and a 200 day simple moving average of $68.77. The company has a market capitalization of $81.31 billion, a PE ratio of 35.06, a price-to-earnings-growth ratio of 1.92 and a beta of 1.23. Amphenol Co. has a 1 year low of $53.67 and a 1 year high of $79.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75.
Amphenol (NYSE:APH – Get Free Report) last released its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s quarterly revenue was up 29.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.82 EPS. Research analysts expect that Amphenol Co. will post 2.36 EPS for the current year.
Amphenol Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.98%. Amphenol’s payout ratio is 34.46%.
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.
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