Semanteon Capital Management LP Grows Holdings in Amphenol Co. (NYSE:APH)

Semanteon Capital Management LP increased its stake in Amphenol Co. (NYSE:APH - Free Report) by 24.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,904 shares of the electronics maker's stock after acquiring an additional 4,117 shares during the period. Amphenol makes up approximately 0.8% of Semanteon Capital Management LP's investment portfolio, making the stock its 22nd biggest position. Semanteon Capital Management LP's holdings in Amphenol were worth $1,452,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tacita Capital Inc grew its holdings in shares of Amphenol by 328.9% during 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 bought a new position in Amphenol in the fourth quarter worth $28,000. Rialto Wealth Management LLC bought a new stake in shares of Amphenol in the 4th quarter valued at approximately $28,000. Rakuten Securities Inc. increased its position in shares of Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock worth $29,000 after purchasing an additional 366 shares in the last quarter. Finally, Brown Brothers Harriman & Co. increased its holdings in Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker's stock valued at $32,000 after purchasing an additional 166 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

APH has been the subject of several analyst reports. Citigroup lifted their price target on shares of Amphenol from $81.00 to $82.00 and gave the stock a "buy" rating in a research report on Friday, January 17th. Bank of America boosted their price target on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, January 23rd. The Goldman Sachs Group lifted their target price on Amphenol from $79.00 to $89.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Truist Financial raised their target price on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Finally, Robert W. Baird raised their target price on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research report on Thursday, January 23rd. Five equities research 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. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $80.68.

Amphenol Stock Up 0.3 %

APH traded up $0.18 during midday trading on Tuesday, reaching $69.48. 5,202,181 shares of the company were exchanged, compared to its average volume of 6,947,365. The company's fifty day moving average price is $68.03 and its 200 day moving average price is $68.63. The company has a market cap of $84.19 billion, a price-to-earnings ratio of 36.28, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. Amphenol Co. has a one year low of $54.72 and a one year high of $79.39.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping the consensus estimate of $0.50 by $0.05. The business 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 in the previous year, the firm posted $0.82 earnings per share. As a group, analysts expect that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 0.95%. Amphenol's dividend payout ratio (DPR) is presently 34.55%.

Amphenol Company 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.