Amphenol Co. (NYSE:APH) Shares Acquired by Longbow Finance SA

Longbow Finance SA grew its stake in Amphenol Co. (NYSE:APH) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 99,043 shares of the electronics maker’s stock after acquiring an additional 4,691 shares during the quarter. Longbow Finance SA’s holdings in Amphenol were worth $6,879,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sierra Ocean LLC acquired a new stake in shares of Amphenol during the 4th quarter worth about $28,000. Brown Brothers Harriman & Co. grew its position in Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares in the last quarter. Continuum Advisory LLC grew its position in Amphenol by 89.3% in the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 234 shares in the last quarter. Hanson & Doremus Investment Management acquired a new position in Amphenol in the 4th quarter valued at about $32,000. Finally, Endeavor Private Wealth Inc. purchased a new position in shares of Amphenol in the 4th quarter valued at about $49,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

APH has been the subject of several recent research reports. Truist Financial lifted their price objective on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Citigroup boosted their target price on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. The Goldman Sachs Group boosted their target price on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Bank of America increased their price objective on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. increased their price objective on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Five investment 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Trading Down 0.7 %

Shares of APH stock opened at $67.14 on Tuesday. Amphenol Co. has a fifty-two week low of $53.67 and a fifty-two week high of $79.39. The stock has a market cap of $81.31 billion, a P/E ratio of 35.06, a P/E/G ratio of 1.92 and a beta of 1.23. The business has a fifty day simple moving average of $70.57 and a 200-day simple moving average of $68.77. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.05 billion. During the same period last year, the company earned $0.82 EPS. The firm’s quarterly revenue was up 29.8% on a year-over-year basis. On average, analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.165 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 0.98%. Amphenol’s payout ratio is currently 34.46%.

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.