Capital International Investors lifted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 0.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,270,213 shares of the electronics maker's stock after acquiring an additional 5,531 shares during the quarter. Capital International Investors owned about 0.27% of Amphenol worth $227,116,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in APH. Vanguard Group Inc. lifted its stake in shares of Amphenol by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker's stock worth $10,565,279,000 after purchasing an additional 2,108,578 shares in the last quarter. FMR LLC boosted its holdings in Amphenol by 2.6% in the 4th quarter. FMR LLC now owns 104,250,575 shares of the electronics maker's stock worth $7,240,202,000 after acquiring an additional 2,643,752 shares during the period. Geode Capital Management LLC grew its position in Amphenol by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 25,325,653 shares of the electronics maker's stock valued at $1,754,672,000 after acquiring an additional 659,560 shares in the last quarter. Norges Bank purchased a new stake in shares of Amphenol during the fourth quarter valued at approximately $1,378,794,000. Finally, Invesco Ltd. lifted its position in shares of Amphenol by 1.2% during the fourth quarter. Invesco Ltd. now owns 9,057,928 shares of the electronics maker's stock worth $629,073,000 after purchasing an additional 107,482 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.
Amphenol Stock Performance
NYSE APH traded up $5.38 during trading hours on Wednesday, reaching $71.13. The company's stock had a trading volume of 19,053,911 shares, compared to its average volume of 7,459,467. The stock has a market cap of $86.19 billion, a PE ratio of 37.14, a PEG ratio of 1.92 and a beta of 1.17. The business has a 50-day simple moving average of $65.20 and a 200 day simple moving average of $68.76. 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 issued its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $4.20 billion. During the same period last year, the company earned $0.40 earnings per share. Equities research analysts predict that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.
Amphenol Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 0.93%. Amphenol's payout ratio is currently 34.55%.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on the stock. Truist Financial raised their price target on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. dropped their target price on Amphenol from $90.00 to $85.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Robert W. Baird increased their price target on Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a report on Thursday, January 23rd. Bank of America lifted their price objective on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Finally, UBS Group reduced their target price on Amphenol from $90.00 to $78.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Four analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus price target of $79.40.
Check Out Our Latest Analysis on Amphenol
About Amphenol
(
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.
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