3,929 Shares in Amphenol Co. (NYSE:APH) Purchased by NFP Retirement Inc.

NFP Retirement Inc. bought a new position in shares of Amphenol Co. (NYSE:APH - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,929 shares of the electronics maker's stock, valued at approximately $273,000.

Several other hedge funds and other institutional investors also recently modified their holdings of APH. Blue Trust Inc. lifted its holdings in shares of Amphenol by 208.8% in the fourth quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker's stock worth $1,765,000 after buying an additional 18,322 shares in the last quarter. Spire Wealth Management grew its position in shares of Amphenol by 34.1% during the 4th quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker's stock valued at $6,836,000 after purchasing an additional 25,007 shares in the last quarter. Consolidated Planning Corp boosted its stake in Amphenol by 37.0% during the fourth quarter. Consolidated Planning Corp now owns 17,160 shares of the electronics maker's stock valued at $1,192,000 after buying an additional 4,631 shares during the period. Pines Wealth Management LLC bought a new stake in shares of Amphenol during the 4th quarter valued at about $553,000. Finally, Kanawha Capital Management LLC grew its holdings in shares of Amphenol by 4.5% during the fourth quarter. Kanawha Capital Management LLC now owns 151,867 shares of the electronics maker's stock worth $10,547,000 after purchasing an additional 6,481 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. UBS Group dropped their target price on shares of Amphenol from $90.00 to $78.00 and set a "buy" rating for the company in a research report on Thursday, April 10th. JPMorgan Chase & Co. cut their target price on shares of Amphenol from $90.00 to $85.00 and set an "overweight" rating for the company in a research report on Thursday. Bank of America increased their target price on Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, January 23rd. Robert W. Baird upped their price objective on Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a report on Thursday, January 23rd. Finally, Citigroup decreased their price objective on Amphenol from $89.00 to $75.00 and set a "buy" rating on the stock in a report on Monday. 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's stock. According to data from MarketBeat, Amphenol currently has an average rating of "Moderate Buy" and a consensus target price of $79.40.

Amphenol Trading Up 0.8 %

Shares of Amphenol stock traded up $0.50 on Thursday, hitting $65.27. The stock had a trading volume of 3,105,910 shares, compared to its average volume of 8,362,248. The stock's 50-day simple moving average is $65.62 and its two-hundred day simple moving average is $68.67. Amphenol Co. has a one year low of $54.72 and a one year high of $79.39. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The stock has a market cap of $79.09 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.05. The firm had revenue of $4.32 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.82 earnings per share. As a group, sell-side analysts predict that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th were given a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.01%. Amphenol's dividend payout ratio is currently 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.