EntryPoint Capital LLC Invests $287,000 in Amphenol Co. (NYSE:APH)

EntryPoint Capital LLC acquired a new stake in shares of Amphenol Co. (NYSE:APH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,131 shares of the electronics maker’s stock, valued at approximately $287,000.

Other institutional investors also recently bought and sold shares of the company. Madison Investment Advisors LLC purchased a new stake in shares of Amphenol during the 4th quarter valued at about $157,749,000. Vanguard Group Inc. increased its holdings in Amphenol by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker’s stock valued at $10,565,279,000 after buying an additional 2,108,578 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in Amphenol by 89.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock worth $280,397,000 after acquiring an additional 2,032,402 shares during the period. Two Sigma Advisers LP purchased a new position in shares of Amphenol during the 3rd quarter worth $113,828,000. Finally, Los Angeles Capital Management LLC increased its stake in shares of Amphenol by 3,103.8% in the 4th quarter. Los Angeles Capital Management LLC now owns 1,684,596 shares of the electronics maker’s stock worth $116,995,000 after purchasing an additional 1,632,014 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Up 1.0 %

APH opened at $68.27 on Friday. Amphenol Co. has a 52 week low of $54.72 and a 52 week high of $79.39. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The firm has a 50-day simple moving average of $67.92 and a two-hundred day simple moving average of $68.68. The company has a market capitalization of $82.73 billion, a PE ratio of 35.65, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share 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 analysts’ expectations of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.82 EPS. Analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders 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 annualized dividend and a yield of 0.97%. Amphenol’s dividend payout ratio (DPR) is currently 34.55%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Robert W. Baird lifted their target price on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Truist Financial lifted their price objective on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. increased their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Citigroup lifted their price target on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, Bank of America increased their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.68.

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.