Amphenol Co. (NYSE:APH) Shares Sold by Signaturefd LLC

Signaturefd LLC reduced its stake in shares of Amphenol Co. (NYSE:APH) by 0.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 32,870 shares of the electronics maker’s stock after selling 233 shares during the quarter. Signaturefd LLC’s holdings in Amphenol were worth $2,283,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of APH. Madison Investment Advisors LLC acquired a new stake in shares of Amphenol in the 4th quarter valued at about $157,749,000. Jacobs Levy Equity Management Inc. grew its position in shares of Amphenol by 89.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock worth $280,397,000 after acquiring an additional 2,032,402 shares during the last quarter. Two Sigma Advisers LP acquired a new position in shares of Amphenol in the 3rd quarter valued at $113,828,000. Los Angeles Capital Management LLC raised its position 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 purchasing an additional 1,632,014 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Amphenol during the 4th quarter worth $109,276,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Stock Up 1.4 %

Amphenol stock opened at $63.88 on Tuesday. The firm has a market capitalization of $77.37 billion, a price-to-earnings ratio of 33.36, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. Amphenol Co. has a fifty-two week low of $54.72 and a fifty-two week high of $79.39. The stock’s fifty day moving average is $68.43 and its two-hundred day moving average is $68.53.

Amphenol (NYSE:APH) last announced its 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 net margin of 15.92% and a return on equity of 25.67%. The company had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter in the previous year, the business posted $0.82 earnings per share. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. Analysts predict that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.03%. Amphenol’s dividend payout ratio (DPR) is 34.55%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on APH shares. Robert W. Baird increased their target price 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. JPMorgan Chase & Co. increased their price objective on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. The Goldman Sachs Group boosted their target price on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Truist Financial increased 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. Finally, Bank of America raised their target price on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

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.