Caisse Des Depots ET Consignations Buys New Position in Amphenol Co. (NYSE:APH)

Caisse Des Depots ET Consignations acquired a new stake in Amphenol Co. (NYSE:APH - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 5,414 shares of the electronics maker's stock, valued at approximately $376,000.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. The Goldman Sachs Group boosted their target price on shares of Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. Truist Financial increased their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Bank of America raised their target price 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 increased their price target on shares of Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $80.68.

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Amphenol Price Performance

Shares of NYSE:APH traded up $0.83 during trading on Tuesday, hitting $66.42. 2,290,768 shares of the company were exchanged, compared to its average volume of 8,092,783. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 1-year low of $54.72 and a 1-year high of $79.39. The company has a market capitalization of $80.49 billion, a P/E ratio of 34.70, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The business's 50 day moving average is $67.78 and its 200-day moving average is $68.84.

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

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 0.99%. Amphenol's dividend payout ratio is 34.55%.

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.