New Republic Capital LLC Purchases 181 Shares of Amphenol Co. (NYSE:APH)

New Republic Capital LLC raised its position in Amphenol Co. (NYSE:APH) by 4.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 4,516 shares of the electronics maker’s stock after acquiring an additional 181 shares during the period. New Republic Capital LLC’s holdings in Amphenol were worth $314,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Princeton Global Asset Management LLC lifted its position in Amphenol by 0.6% in the 4th quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker’s stock worth $1,634,000 after buying an additional 136 shares during the last quarter. Fortitude Family Office LLC increased its holdings in shares of Amphenol by 13.9% in the third quarter. Fortitude Family Office LLC now owns 1,296 shares of the electronics maker’s stock worth $84,000 after buying an additional 158 shares during the period. Brown Brothers Harriman & Co. boosted its holdings in 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 acquiring an additional 166 shares during the period. Fragasso Financial Advisors Inc lifted its position in Amphenol by 4.7% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock valued at $266,000 after purchasing an additional 171 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. grew its holdings in shares of Amphenol by 3.3% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 5,483 shares of the electronics maker’s stock worth $381,000 after purchasing an additional 173 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on APH shares. Bank of America increased 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. Truist Financial boosted their price target on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. 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 report on Thursday, January 23rd. Evercore ISI upped their target price on Amphenol from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Five equities research 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 stock. Based on data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Price Performance

NYSE APH opened at $71.75 on Tuesday. Amphenol Co. has a 1-year low of $51.13 and a 1-year high of $79.39. The business’s fifty day moving average price is $71.57 and its 200-day moving average price is $68.18. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The stock has a market capitalization of $86.50 billion, a price-to-earnings ratio of 37.47, a PEG ratio of 1.99 and a beta of 1.23.

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

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 0.92%. Amphenol’s payout ratio is presently 34.55%.

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.