Whittier Trust Co. of Nevada Inc. Has $7.37 Million Holdings in Amphenol Co. (NYSE:APH)

Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Amphenol Co. (NYSE:APH - Free Report) by 4.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 106,174 shares of the electronics maker's stock after acquiring an additional 4,929 shares during the quarter. Whittier Trust Co. of Nevada Inc.'s holdings in Amphenol were worth $7,374,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Madison Investment Advisors LLC bought a new position in Amphenol during the fourth quarter worth $157,749,000. Jacobs Levy Equity Management Inc. lifted its stake in shares of Amphenol by 89.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker's stock worth $280,397,000 after buying an additional 2,032,402 shares during the last quarter. Two Sigma Advisers LP bought a new stake in shares of Amphenol during the 3rd quarter worth about $113,828,000. Los Angeles Capital Management LLC grew its stake in Amphenol by 3,103.8% in the 4th quarter. Los Angeles Capital Management LLC now owns 1,684,596 shares of the electronics maker's stock valued at $116,995,000 after buying an additional 1,632,014 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in Amphenol in the 4th quarter valued at about $109,276,000. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

APH has been the subject of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on Amphenol from $85.00 to $90.00 and gave the stock an "overweight" rating in a report on Thursday, January 23rd. Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a report on Friday, January 17th. Bank of America lifted their target price on Amphenol from $75.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. The Goldman Sachs Group upped their price target 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. Finally, Robert W. Baird lifted their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an "outperform" rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $80.68.

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Amphenol Price Performance

Shares of NYSE:APH traded up $0.18 during midday trading on Tuesday, hitting $69.48. The stock had a trading volume of 5,202,181 shares, compared to its average volume of 6,947,365. 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 company has a market capitalization of $84.19 billion, a P/E ratio of 36.28, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company's 50-day moving average price is $68.03 and its 200-day moving average price is $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 released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.32 billion during the quarter, compared to analysts' expectations of $4.05 billion. During the same period in the prior year, the company earned $0.82 earnings per share. The company's quarterly revenue was up 29.8% on a year-over-year basis. As a group, equities research analysts predict that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

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