United Services Automobile Association Has $1.93 Million Stock Holdings in Amphenol Co. (NYSE:APH)

United Services Automobile Association raised its holdings in Amphenol Co. (NYSE:APH) by 2.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,848 shares of the electronics maker’s stock after acquiring an additional 792 shares during the period. United Services Automobile Association’s holdings in Amphenol were worth $1,934,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in APH. Vanguard Group Inc. increased its position in Amphenol by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker’s stock worth $10,565,279,000 after acquiring an additional 2,108,578 shares during the period. Stevens Capital Management LP acquired a new stake in Amphenol in the 4th quarter worth $374,000. LPL Financial LLC grew its position in Amphenol by 16.7% in the 4th quarter. LPL Financial LLC now owns 681,720 shares of the electronics maker’s stock worth $47,345,000 after purchasing an additional 97,545 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Amphenol during the fourth quarter valued at about $28,269,000. Finally, Sei Investments Co. raised its position in shares of Amphenol by 4.9% during the fourth quarter. Sei Investments Co. now owns 894,098 shares of the electronics maker’s stock valued at $62,095,000 after buying an additional 41,656 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Amphenol Price Performance

NYSE:APH opened at $66.78 on Monday. The firm has a market cap of $80.92 billion, a PE ratio of 34.87, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company’s 50-day moving average price is $68.01 and its two-hundred day moving average price is $68.57. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. Amphenol Co. has a 12 month low of $54.72 and a 12 month high of $79.39.

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

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.99%. Amphenol’s dividend payout ratio is 34.55%.

Analysts Set New Price Targets

APH has been the topic of several research reports. Citigroup boosted their price target on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Robert W. Baird boosted their price objective on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. The Goldman Sachs Group raised their target price on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Truist Financial raised their price objective on shares of 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 upped their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock 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.