Amphenol Co. (NYSE:APH) Shares Acquired by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT increased its stake in Amphenol Co. (NYSE:APH) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,044,730 shares of the electronics maker’s stock after acquiring an additional 12,318 shares during the period. Amphenol makes up about 1.2% of Bradley Foster & Sargent Inc. CT’s holdings, making the stock its 22nd largest holding. Bradley Foster & Sargent Inc. CT owned about 0.09% of Amphenol worth $72,557,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of APH. Arcadia Investment Management Corp MI acquired a new stake in Amphenol in the 4th quarter valued at about $69,000. Centricity Wealth Management LLC acquired a new stake in Amphenol in the fourth quarter valued at approximately $111,000. Wolverine Asset Management LLC purchased a new position in Amphenol in the fourth quarter worth approximately $625,000. Boston Financial Mangement LLC grew its holdings in Amphenol by 0.8% during the 4th quarter. Boston Financial Mangement LLC now owns 769,799 shares of the electronics maker’s stock worth $53,463,000 after acquiring an additional 5,933 shares in the last quarter. Finally, Mcdaniel Terry & Co. raised its holdings in shares of Amphenol by 0.5% in the 4th quarter. Mcdaniel Terry & Co. now owns 411,971 shares of the electronics maker’s stock valued at $28,611,000 after purchasing an additional 1,950 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Stock Performance

Shares of APH opened at $69.37 on Friday. Amphenol Co. has a 1 year low of $52.10 and a 1 year high of $79.39. The stock has a market capitalization of $84.01 billion, a P/E ratio of 36.22, a P/E/G ratio of 1.96 and a beta of 1.23. 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 company’s fifty day moving average is $70.85 and its two-hundred day moving average is $68.55.

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

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date is Tuesday, March 18th. Amphenol’s dividend payout ratio is presently 34.46%.

Analyst Ratings Changes

APH has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Bank of America raised their target price on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. 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. Citigroup raised their price objective on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Finally, Truist Financial upped their target price on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Five investment 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 stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and an average 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.