Next Level Wealth Planning LLC Invests $306,000 in Amphenol Co. (NYSE:APH)

Next Level Wealth Planning LLC bought a new position in shares of Amphenol Co. (NYSE:APH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,400 shares of the electronics maker’s stock, valued at approximately $306,000.

Other large investors also recently bought and sold shares of the company. Hanson & Doremus Investment Management purchased a new stake in Amphenol during the 4th quarter valued at about $32,000. Continuum Advisory LLC grew its stake in Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 234 shares in the last quarter. Brown Brothers Harriman & Co. grew its stake 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 in the last quarter. Endeavor Private Wealth Inc. purchased a new stake in Amphenol during the 4th quarter valued at about $49,000. Finally, WASHINGTON TRUST Co grew its stake in Amphenol by 23.0% during the 4th quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker’s stock valued at $55,000 after acquiring an additional 147 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of APH opened at $68.88 on Friday. Amphenol Co. has a twelve month low of $52.06 and a twelve month high of $79.39. The firm’s fifty day simple moving average is $71.18 and its 200-day simple moving average is $68.35. The firm has a market capitalization of $83.05 billion, a price-to-earnings ratio of 35.97, a PEG ratio of 1.99 and a beta of 1.23. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating 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 firm had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.05 billion. During the same period last year, the firm posted $0.82 EPS. The company’s revenue was up 29.8% on a year-over-year basis. Equities analysts forecast that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio (DPR) is 34.46%.

Analyst Ratings Changes

APH has been the subject of several research reports. TD Cowen upped their price objective on shares of Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Citigroup increased their price target on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Evercore ISI increased their price target on shares of Amphenol from $75.00 to $80.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Robert W. Baird increased their price target on shares of Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. increased their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. 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 stock. According to MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price 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.