Amphenol Co. (NYSE:APH) Shares Purchased by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC raised its position in Amphenol Co. (NYSE:APH - Free Report) by 258.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 111,519 shares of the electronics maker's stock after acquiring an additional 80,393 shares during the period. Tower Research Capital LLC TRC's holdings in Amphenol were worth $7,745,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of APH. Tacita Capital Inc raised its stake in Amphenol by 328.9% in the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock valued at $27,000 after buying an additional 296 shares during the last quarter. Sierra Ocean LLC acquired a new position in Amphenol during the 4th quarter valued at approximately $28,000. Rialto Wealth Management LLC acquired a new stake in shares of Amphenol during the fourth quarter worth $28,000. Rakuten Securities Inc. lifted its stake in shares of Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after buying an additional 366 shares during the period. Finally, Hanson & Doremus Investment Management acquired a new position in shares of Amphenol in the 4th quarter valued at $32,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Price Performance

NYSE:APH traded down $0.19 during trading hours on Friday, hitting $75.84. 9,903,941 shares of the stock were exchanged, compared to its average volume of 7,459,804. The company has a market cap of $91.90 billion, a P/E ratio of 39.61, a P/E/G ratio of 1.92 and a beta of 1.17. The firm's fifty day moving average price is $65.39 and its 200 day moving average price is $68.87. Amphenol Co. has a 52-week low of $54.77 and a 52-week high of $79.39. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, beating the consensus estimate of $0.52 by $0.11. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the company earned $0.40 EPS. As a group, equities research analysts anticipate that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders 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 (DPR) is 34.55%.

Analyst Ratings Changes

Several research analysts have recently issued reports on APH shares. US Capital Advisors set a $85.00 price objective on Amphenol in a research note on Thursday. Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 price objective on the stock in a report on Thursday. Truist Financial raised their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Bank of America upped their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, January 23rd. Finally, Citigroup lifted their price objective on Amphenol from $75.00 to $85.00 and gave the company a "buy" rating in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price 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.