Amphenol Co. (NYSE:APH) Shares Bought by Consolidated Planning Corp

Consolidated Planning Corp grew its position in shares of Amphenol Co. (NYSE:APH) by 37.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,160 shares of the electronics maker’s stock after purchasing an additional 4,631 shares during the period. Consolidated Planning Corp’s holdings in Amphenol were worth $1,192,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Trifecta Capital Advisors LLC boosted its stake in shares of Amphenol by 352.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock worth $28,000 after purchasing an additional 338 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake 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 worth $32,000 after purchasing an additional 166 shares during the last quarter. Continuum Advisory LLC boosted its stake 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 purchasing an additional 234 shares during the last quarter. Hanson & Doremus Investment Management acquired a new stake in shares of Amphenol during the 4th quarter worth about $32,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in shares of Amphenol during the 4th quarter worth about $49,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on APH. TD Cowen raised their target price on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Robert W. Baird raised their target price on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Truist Financial raised their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Bank of America raised their target price on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. Finally, Evercore ISI raised their target price on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Five 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $80.68.

Amphenol Trading Down 0.3 %

NYSE APH opened at $69.75 on Thursday. Amphenol Co. has a one year low of $51.13 and a one year high of $79.39. The company’s 50 day moving average price is $71.48 and its 200 day moving average price is $68.29. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. The firm has a market capitalization of $84.09 billion, a price-to-earnings ratio of 36.42, a PEG ratio of 1.99 and a beta of 1.23.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating 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 firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same quarter last year, the firm posted $0.82 earnings per share. Amphenol’s revenue for the quarter was up 29.8% compared to the same quarter last year. On average, sell-side analysts predict that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. 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 0.95%. Amphenol’s dividend payout ratio is currently 34.46%.

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.