American Century Companies Inc. Has $10.16 Million Stock Holdings in Amphenol Co. (NYSE:APH)

American Century Companies Inc. decreased its position in Amphenol Co. (NYSE:APH) by 21.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 146,284 shares of the electronics maker’s stock after selling 39,211 shares during the period. American Century Companies Inc.’s holdings in Amphenol were worth $10,159,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Tacita Capital Inc increased its stake in Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 296 shares in the last quarter. Sierra Ocean LLC bought a new stake in shares of Amphenol during the fourth quarter worth $28,000. Rialto Wealth Management LLC bought a new stake in shares of Amphenol during the fourth quarter worth $28,000. Rakuten Securities Inc. raised its holdings in shares of Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock worth $29,000 after acquiring an additional 366 shares during the period. Finally, Hanson & Doremus Investment Management bought a new stake in Amphenol in the 4th quarter valued at $32,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of APH opened at $67.96 on Thursday. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The company’s fifty day simple moving average is $67.45 and its 200 day simple moving average is $68.85. Amphenol Co. has a 1-year low of $54.72 and a 1-year high of $79.39. The company has a market cap of $82.35 billion, a price-to-earnings ratio of 35.49, a PEG ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH) last released its quarterly earnings data 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. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same period in the previous year, the business earned $0.82 EPS. Amphenol’s revenue for the quarter was up 29.8% compared to the same quarter last year. On average, research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.97%. Amphenol’s payout ratio is 34.55%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. The Goldman Sachs Group lifted their price target on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Citigroup increased their price objective on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Bank of America boosted their target price on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Robert W. Baird raised their price target 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, JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Five equities research 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 stock. According to MarketBeat.com, the company currently 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.