AssuredPartners Investment Advisors LLC acquired a new position in shares of Amphenol Co. (NYSE:APH - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,096 shares of the electronics maker's stock, valued at approximately $493,000.
Other institutional investors have also added to or reduced their stakes in the company. Tacita Capital Inc lifted its position in shares of Amphenol by 328.9% in the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after purchasing an additional 296 shares in the last quarter. Sierra Ocean LLC acquired a new stake in Amphenol in the 4th quarter valued at $28,000. Rialto Wealth Management LLC bought a new stake in Amphenol during the 4th quarter worth about $28,000. Rakuten Securities Inc. boosted its stake in shares of Amphenol by 703.8% during the 4th 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 last quarter. Finally, Hanson & Doremus Investment Management bought a new position in shares of Amphenol in the 4th quarter valued at about $32,000. 97.01% of the stock is owned by institutional investors.
Amphenol Price Performance
Amphenol stock traded up $0.90 during trading hours on Tuesday, reaching $66.49. 1,977,558 shares of the stock were exchanged, compared to its average volume of 7,244,393. 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 Co. has a twelve month low of $54.72 and a twelve month high of $79.39. The company has a market cap of $80.57 billion, a P/E ratio of 34.66, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The stock has a 50 day moving average of $67.78 and a two-hundred day moving average of $68.84.
Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $4.05 billion. During the same quarter last year, the business posted $0.82 EPS. The firm's revenue for the quarter was up 29.8% on a year-over-year basis. Equities analysts expect that Amphenol Co. will post 2.36 EPS for the current fiscal year.
Amphenol Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders 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 annualized dividend and a dividend yield of 0.99%. Amphenol's dividend payout ratio (DPR) is presently 34.55%.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on APH. Bank of America raised their price target on Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Citigroup boosted their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a report on Friday, January 17th. Truist Financial increased their price target 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. The Goldman Sachs Group boosted their price objective 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. Finally, JPMorgan Chase & Co. raised their target price 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. 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's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $80.68.
View Our Latest Analysis on Amphenol
Amphenol Profile
(
Free Report)
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.
Further Reading
Before you consider Amphenol, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amphenol wasn't on the list.
While Amphenol currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
