Mn Services Vermogensbeheer B.V. Boosts Stock Holdings in Amphenol Co. (NYSE:APH)

Mn Services Vermogensbeheer B.V. boosted its stake in Amphenol Co. (NYSE:APH - Free Report) by 3.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 474,956 shares of the electronics maker's stock after purchasing an additional 15,000 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Amphenol were worth $32,986,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of APH. Sierra Ocean LLC acquired a new stake in Amphenol in the fourth quarter worth $28,000. Brown Brothers Harriman & Co. grew its holdings in Amphenol by 50.0% in the third 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 period. Continuum Advisory LLC grew its holdings in Amphenol by 89.3% in the third 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 period. Hanson & Doremus Investment Management acquired a new stake in Amphenol in the fourth quarter worth $32,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in Amphenol in the fourth quarter worth $49,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Up 1.7 %

Shares of APH traded up $1.11 during trading hours on Friday, reaching $66.57. 10,480,849 shares of the stock traded hands, compared to its average volume of 7,859,414. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The stock has a fifty day simple moving average of $70.13 and a 200 day simple moving average of $68.77. Amphenol Co. has a 52 week low of $54.24 and a 52 week high of $79.39. The company has a market cap of $80.62 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 1.92 and a beta of 1.23.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 last year, the company posted $0.82 earnings per share. The firm's quarterly revenue was up 29.8% compared to the same quarter last year. On average, equities analysts forecast that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 0.99%. Amphenol's dividend payout ratio (DPR) is presently 34.55%.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Bank of America raised their price objective on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. The Goldman Sachs Group raised their price objective on shares of Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Robert W. Baird raised their price objective on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $85.00 to $90.00 and gave the company an "overweight" rating in a research note on Thursday, January 23rd. Finally, Truist Financial raised their price objective on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $80.68.

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.