Amphenol Co. (NYSE:APH) Shares Bought by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. raised its position in Amphenol Co. (NYSE:APH) by 0.5% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 411,971 shares of the electronics maker’s stock after purchasing an additional 1,950 shares during the period. Amphenol comprises approximately 2.3% of Mcdaniel Terry & Co.’s portfolio, making the stock its 17th biggest holding. Mcdaniel Terry & Co.’s holdings in Amphenol were worth $28,611,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of APH. Sierra Ocean LLC acquired a new stake in Amphenol in the fourth quarter valued at $28,000. Brown Brothers Harriman & Co. grew its holdings in Amphenol by 50.0% in the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 166 shares during the last quarter. Continuum Advisory LLC grew its holdings in Amphenol by 89.3% in the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 234 shares during the last quarter. Hanson & Doremus Investment Management acquired a new stake in Amphenol in the fourth quarter valued at $32,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in Amphenol in the fourth quarter valued at $49,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Performance

Amphenol stock opened at $69.67 on Thursday. The stock’s 50-day moving average is $70.94 and its 200-day moving average is $68.55. The company has a market cap of $84.37 billion, a price-to-earnings ratio of 36.38, a price-to-earnings-growth ratio of 1.96 and a beta of 1.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. Amphenol Co. has a 12 month low of $52.06 and a 12 month high of $79.39.

Amphenol (NYSE:APH) last released its quarterly earnings data 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 the consensus estimate of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The company’s quarterly revenue was up 29.8% compared to the same quarter last year. During the same period last year, the business posted $0.82 EPS. Equities analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

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 issued 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 0.95%. Amphenol’s dividend payout ratio (DPR) is 34.46%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Bank of America upped their target price on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Truist Financial increased their price objective on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. TD Cowen increased their price objective on Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. increased their price objective on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Finally, The Goldman Sachs Group increased their price objective on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol 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.