Wealth Alliance Has $850,000 Position in Amphenol Co. (NYSE:APH)

Wealth Alliance grew its position in Amphenol Co. (NYSE:APH) by 9.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 12,233 shares of the electronics maker’s stock after purchasing an additional 1,037 shares during the period. Wealth Alliance’s holdings in Amphenol were worth $850,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Sierra Ocean LLC acquired a new stake in shares of Amphenol in the 4th quarter valued at $28,000. Hanson & Doremus Investment Management acquired a new stake in shares of Amphenol in the 4th quarter valued at $32,000. Continuum Advisory LLC boosted its stake in shares of Amphenol by 89.3% in the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 234 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of Amphenol by 50.0% in the 3rd 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 in the last quarter. Finally, Endeavor Private Wealth Inc. acquired a new stake in shares of Amphenol in the 4th quarter valued at $49,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Performance

Shares of NYSE:APH opened at $69.37 on Friday. 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. Amphenol Co. has a 1-year low of $52.10 and a 1-year high of $79.39. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The business has a 50-day moving average price of $70.85 and a two-hundred day moving average price of $68.55.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to analysts’ expectations 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 in the previous year, the business posted $0.82 EPS. Equities analysts predict that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be paid 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 0.95%. Amphenol’s dividend payout ratio (DPR) is presently 34.46%.

Wall Street Analyst Weigh In

APH has been the topic of several recent analyst reports. TD Cowen boosted their target price 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. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Citigroup upped their price target on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Bank of America upped their price target 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, The Goldman Sachs Group upped their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $80.68.

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.