NBT Bank N A NY Sells 168 Shares of Amphenol Co. (NYSE:APH)

NBT Bank N A NY reduced its position in shares of Amphenol Co. (NYSE:APH) by 0.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,978 shares of the electronics maker’s stock after selling 168 shares during the period. NBT Bank N A NY’s holdings in Amphenol were worth $2,012,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in APH. Tacita Capital Inc lifted its stake in shares of Amphenol by 328.9% in the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock worth $27,000 after acquiring an additional 296 shares during the period. Sierra Ocean LLC acquired a new position in shares of Amphenol in the fourth quarter worth approximately $28,000. Rialto Wealth Management LLC acquired a new position in shares of Amphenol in the fourth quarter worth approximately $28,000. Brown Brothers Harriman & Co. lifted its stake in shares of Amphenol by 50.0% in the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 166 shares during the period. Finally, Continuum Advisory LLC lifted its stake in shares of Amphenol by 89.3% in the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 234 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on APH shares. Robert W. Baird lifted their price objective on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday, January 23rd. Citigroup lifted their price objective 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 lifted their price objective 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 boosted their price target on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Finally, Truist Financial boosted their price target on Amphenol from $90.00 to $102.00 and gave the company a “buy” 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Trading Down 1.9 %

NYSE APH opened at $61.76 on Tuesday. The company has a market cap of $74.79 billion, a price-to-earnings ratio of 32.25, a P/E/G ratio of 1.92 and a beta of 1.25. Amphenol Co. has a 52 week low of $54.27 and a 52 week high of $79.39. The business has a 50 day moving average price of $69.15 and a 200-day moving average price of $68.67. 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 released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The company’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.82 earnings per share. As a group, equities analysts expect that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared 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 of this dividend is Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 1.07%. Amphenol’s dividend payout ratio (DPR) is currently 34.55%.

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.