Amphenol Co. (NYSE:APH) Holdings Raised by Reynders McVeigh Capital Management LLC

Reynders McVeigh Capital Management LLC grew its holdings in Amphenol Co. (NYSE:APH - Free Report) by 2.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 611,617 shares of the electronics maker's stock after acquiring an additional 17,296 shares during the period. Amphenol comprises approximately 2.2% of Reynders McVeigh Capital Management LLC's holdings, making the stock its 13th biggest holding. Reynders McVeigh Capital Management LLC owned about 0.05% of Amphenol worth $42,477,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Tacita Capital Inc grew its holdings in Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 296 shares in the last quarter. Sierra Ocean LLC acquired a new stake in shares of Amphenol during the fourth quarter valued at about $28,000. Rialto Wealth Management LLC purchased a new stake in shares of Amphenol during the fourth quarter worth about $28,000. Rakuten Securities Inc. lifted its stake in shares of Amphenol by 703.8% in the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after acquiring an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management purchased a new position in Amphenol in the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Stock Performance

NYSE:APH traded up $0.36 during midday trading on Friday, reaching $65.13. 6,052,594 shares of the company traded hands, compared to its average volume of 7,406,028. The company has a fifty day moving average price of $65.49 and a 200 day moving average price of $68.67. 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 has a market capitalization of $78.93 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. Amphenol Co. has a twelve month low of $54.72 and a twelve month high of $79.39.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. The firm's quarterly revenue was up 29.8% on a year-over-year basis. On average, analysts expect that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th were paid a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.01%. The ex-dividend date of this dividend was Tuesday, March 18th. Amphenol's dividend payout ratio is currently 34.55%.

Analyst Ratings Changes

Several equities research analysts have issued reports on APH shares. Truist Financial lifted their price objective on Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. UBS Group reduced their price objective on shares of Amphenol from $90.00 to $78.00 and set a "buy" rating on the stock in a research note on Thursday, April 10th. Bank of America boosted their target price on shares of Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, January 23rd. Citigroup reduced their price target on shares of Amphenol from $89.00 to $75.00 and set a "buy" rating on the stock in a research report on Monday. Finally, Robert W. Baird boosted their price objective on Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $79.40.

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.