Mizuho Securities USA LLC boosted its holdings in Amphenol Co. (NYSE:APH - Free Report) by 46.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 114,265 shares of the electronics maker's stock after acquiring an additional 36,173 shares during the quarter. Mizuho Securities USA LLC's holdings in Amphenol were worth $7,936,000 as of its most recent filing with the SEC.
Other institutional investors also recently made changes to their positions in the company. Tacita Capital Inc increased 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 valued at $27,000 after buying an additional 296 shares in the last quarter. Sierra Ocean LLC acquired a new position in Amphenol in the fourth quarter valued at $28,000. Rialto Wealth Management LLC purchased a new stake in Amphenol in the 4th quarter valued at about $28,000. Rakuten Securities Inc. increased its position in Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after purchasing an additional 366 shares during the last quarter. Finally, Hanson & Doremus Investment Management acquired a new stake in shares of Amphenol during the 4th quarter worth $32,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on APH. Truist Financial increased their price objective on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a research report on Thursday, January 23rd. The Goldman Sachs Group boosted their price objective on Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Bank of America boosted their price objective on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, January 23rd. Citigroup raised their target price on Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a research note on Friday, January 17th. Finally, Robert W. Baird raised their target price on Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research report on Thursday, January 23rd. Five 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 stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $80.68.
Get Our Latest Stock Report on APH
Amphenol Stock Performance
Shares of APH stock traded up $0.69 on Thursday, reaching $68.27. The stock had a trading volume of 8,033,368 shares, compared to its average volume of 6,936,906. 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 12 month low of $54.72 and a 12 month high of $79.39. The firm's 50-day moving average is $67.95 and its two-hundred day moving average is $68.69. The firm has a market capitalization of $82.73 billion, a price-to-earnings ratio of 35.65, a P/E/G ratio of 1.92 and a beta of 1.25.
Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 25.67% and a net margin of 15.92%. The company's revenue was up 29.8% on a year-over-year basis. During the same quarter last year, the company earned $0.82 EPS. On average, research analysts expect that Amphenol Co. will post 2.36 EPS for the current fiscal year.
Amphenol Dividend Announcement
The business also recently announced 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. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.97%. Amphenol's payout ratio is presently 34.55%.
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.
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
Market volatility creates opportunity. Our analysts have pinpointed 10 stocks perfectly positioned for exceptional growth this spring, even amid economic uncertainty. Don't miss your chance to access this timely research and invest with confidence.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
