Amphenol Co. (NYSE:APH) Shares Purchased by DRW Securities LLC

DRW Securities LLC boosted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 107.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,091 shares of the electronics maker's stock after buying an additional 4,198 shares during the quarter. DRW Securities LLC's holdings in Amphenol were worth $562,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Tacita Capital Inc increased its stake 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 bought a new position in Amphenol in the 4th quarter worth $28,000. Rialto Wealth Management LLC purchased a new stake in Amphenol in the 4th quarter worth $28,000. Rakuten Securities Inc. raised its holdings in Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after acquiring an additional 366 shares during the period. Finally, Hanson & Doremus Investment Management purchased a new stake in shares of Amphenol during the fourth quarter worth about $32,000. Institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. The Goldman Sachs Group cut their target price on shares of Amphenol from $89.00 to $72.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. JPMorgan Chase & Co. raised their price objective on Amphenol from $85.00 to $90.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Truist Financial boosted their target price on Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Robert W. Baird lifted their price objective on Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a research note on Thursday, January 23rd. Finally, UBS Group lowered their target price on Amphenol from $90.00 to $78.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. Four research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $79.90.

Amphenol Trading Up 1.8 %

Shares of Amphenol stock traded up $1.16 during trading on Tuesday, hitting $66.62. The stock had a trading volume of 2,058,231 shares, compared to its average volume of 7,386,633. Amphenol Co. has a 12 month low of $54.72 and a 12 month high of $79.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The firm's fifty day simple moving average is $65.80 and its 200-day simple moving average is $68.72. The stock has a market cap of $80.73 billion, a PE ratio of 34.79, a PEG ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $4.32 billion for 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%. Amphenol's revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.82 earnings per share. As a group, sell-side analysts expect that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.99%. Amphenol's dividend payout ratio (DPR) is presently 34.55%.

About Amphenol

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.