Whittier Trust Co. Purchases 6,271 Shares of Amphenol Co. (NYSE:APH)

Whittier Trust Co. grew its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 256,851 shares of the electronics maker's stock after purchasing an additional 6,271 shares during the quarter. Whittier Trust Co.'s holdings in Amphenol were worth $17,838,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Tacita Capital Inc boosted its stake in shares of Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after acquiring an additional 296 shares in the last quarter. Sierra Ocean LLC bought a new stake in Amphenol during the fourth quarter worth approximately $28,000. Rialto Wealth Management LLC acquired a new position in Amphenol during the fourth quarter valued at approximately $28,000. Rakuten Securities Inc. raised its position in shares of Amphenol by 703.8% in the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after purchasing an additional 366 shares during the period. Finally, Hanson & Doremus Investment Management acquired a new stake in shares of Amphenol in the fourth quarter worth $32,000. 97.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. The Goldman Sachs Group raised their target price on shares of Amphenol from $79.00 to $89.00 and gave the company a "buy" rating in a research note on Thursday, January 23rd. Bank of America lifted their price objective on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Citigroup increased 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. Truist Financial lifted their price target on Amphenol from $90.00 to $102.00 and gave the stock a "buy" rating in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a research note on Thursday, January 23rd. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $80.68.

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Amphenol Stock Performance

APH traded up $2.76 during trading on Monday, reaching $69.36. 8,475,181 shares of the company's stock were exchanged, compared to its average volume of 6,949,214. The company has a market capitalization of $84.05 billion, a P/E ratio of 36.22, a PEG ratio of 1.92 and a beta of 1.25. 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 business has a 50 day moving average price of $68.03 and a 200 day moving average price of $68.63. Amphenol Co. has a fifty-two week low of $54.72 and a fifty-two week high of $79.39.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results 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 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 firm's revenue was up 29.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.82 EPS. As a group, analysts predict that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

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.