Bradley Foster & Sargent Inc. CT Grows Stock Holdings in Amphenol Co. (NYSE:APH)

Bradley Foster & Sargent Inc. CT raised its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,044,730 shares of the electronics maker's stock after buying an additional 12,318 shares during the quarter. Amphenol comprises approximately 1.2% of Bradley Foster & Sargent Inc. CT's portfolio, making the stock its 22nd biggest position. Bradley Foster & Sargent Inc. CT owned 0.09% of Amphenol worth $72,557,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Blue Trust Inc. raised its position in shares of Amphenol by 208.8% in the 4th quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker's stock worth $1,765,000 after purchasing an additional 18,322 shares during the last quarter. Spire Wealth Management lifted its position in Amphenol by 34.1% in the 4th quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker's stock valued at $6,836,000 after acquiring an additional 25,007 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Amphenol by 50.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker's stock worth $17,477,000 after purchasing an additional 90,450 shares in the last quarter. LMR Partners LLP boosted its position in shares of Amphenol by 315.1% during the third quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker's stock valued at $19,209,000 after buying an additional 223,784 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its stake in shares of Amphenol by 22.3% in the third quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker's stock worth $6,966,000 after acquiring an additional 19,496 shares during the period. Institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on APH shares. JPMorgan Chase & Co. raised their price target on Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Robert W. Baird upped their target price on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a report on Thursday, January 23rd. The Goldman Sachs Group lifted their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a research note on Thursday, January 23rd. Bank of America upped their price objective on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Finally, Citigroup upped 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. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $80.68.

Amphenol Price Performance

Shares of Amphenol stock traded down $2.23 on Tuesday, hitting $64.91. 12,369,956 shares of the company traded hands, compared to its average volume of 7,756,047. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. The business has a 50-day simple moving average of $70.57 and a 200 day simple moving average of $68.77. Amphenol Co. has a 52 week low of $53.67 and a 52 week high of $79.39. The stock has a market capitalization of $78.61 billion, a P/E ratio of 33.89, a price-to-earnings-growth ratio of 1.92 and a beta of 1.23.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. The business's revenue was up 29.8% on a year-over-year basis. Research analysts expect that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm 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. This represents a $0.66 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Tuesday, March 18th. Amphenol's dividend payout ratio is 34.46%.

Amphenol 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.