Amphenol Co. (NYSE:APH) Stock Holdings Decreased by Empirical Finance LLC

Empirical Finance LLC decreased its position in Amphenol Co. (NYSE:APH) by 1.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 40,486 shares of the electronics maker’s stock after selling 521 shares during the period. Empirical Finance LLC’s holdings in Amphenol were worth $2,812,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Trifecta Capital Advisors LLC lifted its stake in Amphenol by 352.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock worth $28,000 after acquiring an additional 338 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in Amphenol by 50.0% during the third 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. Continuum Advisory LLC lifted its position in Amphenol by 89.3% in the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after buying an additional 234 shares in the last quarter. Hanson & Doremus Investment Management acquired a new stake in shares of Amphenol during the 4th quarter valued at $32,000. Finally, Endeavor Private Wealth Inc. purchased a new position in Amphenol in the fourth quarter valued at about $49,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Down 0.3 %

NYSE:APH opened at $69.81 on Friday. Amphenol Co. has a 12-month low of $51.13 and a 12-month high of $79.39. The stock’s fifty day simple moving average is $71.57 and its 200-day simple moving average is $68.12. 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 firm has a market capitalization of $84.16 billion, a P/E ratio of 36.45, a P/E/G ratio of 1.99 and a beta of 1.23.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter in the prior year, the company earned $0.82 EPS. The firm’s quarterly revenue was up 29.8% on a year-over-year basis. Equities research analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.95%. Amphenol’s dividend payout ratio is currently 34.46%.

Wall Street Analyst Weigh In

APH has been the topic of a number of research reports. Truist Financial increased their price objective on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Bank of America lifted their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Evercore ISI lifted their price objective on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Robert W. Baird raised 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. Finally, Citigroup upped their price objective on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Five research 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.