Amphenol Co. (NYSE:APH) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its position in Amphenol Co. (NYSE:APH) by 12.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,844,930 shares of the electronics maker’s stock after acquiring an additional 325,202 shares during the quarter. Natixis Advisors LLC’s holdings in Amphenol were worth $197,580,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of APH. Tacita Capital Inc raised its stake 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 acquiring an additional 296 shares during the last quarter. Sierra Ocean LLC purchased a new stake in Amphenol during the 4th quarter valued at approximately $28,000. Rialto Wealth Management LLC purchased a new stake in Amphenol during the 4th quarter valued at approximately $28,000. Rakuten Securities Inc. raised its stake in Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock valued at $29,000 after acquiring an additional 366 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake 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 acquiring an additional 166 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Price Performance

APH stock opened at $63.08 on Friday. Amphenol Co. has a 52-week low of $54.27 and a 52-week high of $79.39. The stock’s fifty day simple moving average is $68.57 and its 200-day simple moving average is $68.52. 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 stock has a market capitalization of $76.39 billion, a price-to-earnings ratio of 32.94, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25.

Amphenol (NYSE:APH) last issued 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. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The business’s quarterly revenue was up 29.8% on a year-over-year basis. During the same period last year, the company posted $0.82 EPS. Equities research analysts expect that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio (DPR) is currently 34.55%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on APH. Bank of America increased their target price on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. Truist Financial upped their price target on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Citigroup upped their price target on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Robert W. Baird upped their price target on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. upped their price target on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Five 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’s stock. According to MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $80.68.

About Amphenol

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.