866 Shares in Amphenol Co. (NYSE:APH) Acquired by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. purchased a new stake in Amphenol Co. (NYSE:APH) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 866 shares of the electronics maker’s stock, valued at approximately $60,000.

Other hedge funds have also recently made changes to their positions in the company. Sierra Ocean LLC purchased a new stake in Amphenol in the fourth quarter valued at approximately $28,000. Brown Brothers Harriman & Co. raised its position in shares of 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 buying an additional 166 shares in the last quarter. Continuum Advisory LLC lifted its holdings in shares of Amphenol by 89.3% during the 3rd 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 last quarter. Hanson & Doremus Investment Management purchased a new position in Amphenol in the fourth quarter worth $32,000. Finally, Endeavor Private Wealth Inc. bought a new position in Amphenol in the fourth quarter valued at $49,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Price Performance

APH opened at $61.76 on Tuesday. The stock’s 50 day moving average price is $69.15 and its 200-day moving average price is $68.67. Amphenol Co. has a 52-week low of $54.27 and a 52-week high of $79.39. The stock has a market capitalization of $74.79 billion, a PE ratio of 32.25, 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 (NYSE:APH) last released 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. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. Amphenol’s revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 earnings per share. On average, equities research analysts predict that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be given 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 dividend yield of 1.07%. Amphenol’s dividend payout ratio is presently 34.55%.

Analysts Set New Price Targets

Several brokerages have issued reports on APH. Robert W. Baird lifted their price target on 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. boosted their target price on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Truist Financial increased their price target on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Bank of America boosted their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Finally, Citigroup increased their target price on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Amphenol currently 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.