Elo Mutual Pension Insurance Co Has $7.63 Million Stock Position in Amphenol Co. (NYSE:APH)

Elo Mutual Pension Insurance Co trimmed its position in shares of Amphenol Co. (NYSE:APH - Free Report) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,902 shares of the electronics maker's stock after selling 4,223 shares during the period. Elo Mutual Pension Insurance Co's holdings in Amphenol were worth $7,633,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Madison Investment Advisors LLC acquired a new position in Amphenol during the 4th quarter valued at $157,749,000. Vanguard Group Inc. boosted its position in shares of Amphenol by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock valued at $10,565,279,000 after acquiring an additional 2,108,578 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Amphenol by 89.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker's stock valued at $280,397,000 after purchasing an additional 2,032,402 shares during the period. Two Sigma Advisers LP bought a new stake in Amphenol in the third quarter valued at $113,828,000. Finally, Los Angeles Capital Management LLC grew its holdings 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 during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. The Goldman Sachs Group raised their price objective on shares of Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Truist Financial raised their price target on Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Bank of America boosted 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. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, January 23rd. Finally, Citigroup boosted their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a research note on Friday, January 17th. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $80.68.

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Amphenol Stock Down 2.1 %

Shares of APH stock traded down $1.42 during trading hours on Monday, hitting $65.17. 1,917,129 shares of the company were exchanged, compared to its average volume of 8,055,148. Amphenol Co. has a 52 week low of $54.72 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. The business has a 50 day moving average of $67.86 and a two-hundred day moving average of $68.83. The company has a market capitalization of $78.97 billion, a PE ratio of 34.07, a PEG ratio of 1.92 and a beta of 1.25.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results 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. The firm 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 company's revenue was up 29.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.82 EPS. Analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 1.01%. Amphenol's dividend payout ratio is currently 34.55%.

Amphenol Company 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.