Jacobson & Schmitt Advisors LLC Sells 17,261 Shares of Amphenol Co. (NYSE:APH)

Jacobson & Schmitt Advisors LLC lessened its stake in Amphenol Co. (NYSE:APH - Free Report) by 6.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 260,682 shares of the electronics maker's stock after selling 17,261 shares during the period. Amphenol accounts for 3.5% of Jacobson & Schmitt Advisors LLC's portfolio, making the stock its 4th biggest holding. Jacobson & Schmitt Advisors LLC's holdings in Amphenol were worth $18,104,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Princeton Global Asset Management LLC boosted its position in shares of Amphenol by 0.6% during the 4th quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker's stock valued at $1,634,000 after purchasing an additional 136 shares in the last quarter. WASHINGTON TRUST Co boosted its position in shares of Amphenol by 23.0% during the 4th quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker's stock valued at $55,000 after purchasing an additional 147 shares in the last quarter. Fortitude Family Office LLC boosted its position in shares of Amphenol by 13.9% during the 3rd quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker's stock valued at $84,000 after purchasing an additional 158 shares in the last quarter. Brown Brothers Harriman & Co. lifted its stake in Amphenol by 50.0% during the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker's stock valued at $32,000 after buying an additional 166 shares in the last quarter. Finally, Fragasso Financial Advisors Inc lifted its stake in Amphenol by 4.7% during the fourth quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker's stock valued at $266,000 after buying an additional 171 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Citigroup upped their price objective on shares of Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a research note on Friday, January 17th. Robert W. Baird upped their price objective on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research note on Thursday, January 23rd. Bank of America upped their price objective on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Truist Financial upped their price objective 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. Finally, JPMorgan Chase & Co. increased 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. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus price target of $80.68.

Amphenol Stock Down 2.6 %

APH traded down $1.80 during midday trading on Friday, hitting $67.58. 8,015,000 shares of the company's stock traded hands, compared to its average volume of 7,469,862. The company has a market cap of $81.84 billion, a PE ratio of 35.29, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23. The stock's fifty day simple moving average is $70.73 and its 200-day simple moving average is $68.68. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. Amphenol Co. has a one year low of $52.89 and a one year high of $79.39.

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

Amphenol Announces Dividend

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 given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol's payout ratio is presently 34.46%.

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.