B. Metzler seel. Sohn & Co. AG Acquires 115,374 Shares of Amphenol Co. (NYSE:APH)

B. Metzler seel. Sohn & Co. AG increased its holdings in Amphenol Co. (NYSE:APH) by 14.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 895,175 shares of the electronics maker’s stock after purchasing an additional 115,374 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Amphenol were worth $62,132,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of APH. Norges Bank purchased a new stake in Amphenol in the 4th quarter worth approximately $1,378,794,000. Wellington Management Group LLP raised its stake in Amphenol by 619.9% in the fourth quarter. Wellington Management Group LLP now owns 7,014,111 shares of the electronics maker’s stock worth $487,130,000 after buying an additional 6,039,845 shares in the last quarter. Madison Investment Advisors LLC bought a new stake in Amphenol during the 4th quarter valued at approximately $157,749,000. Vanguard Group Inc. grew its holdings in shares of Amphenol by 1.4% during the 4th 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. Finally, Jacobs Levy Equity Management Inc. lifted its stake in shares of Amphenol by 89.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock valued at $280,397,000 after purchasing an additional 2,032,402 shares during the period. 97.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

APH has been the topic of a number of recent research reports. Bank of America upped 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. Truist Financial upped 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. Citigroup boosted their price target on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. The Goldman Sachs Group lifted 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. Finally, Robert W. Baird increased their target price on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday, January 23rd. 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 company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $80.68.

Amphenol Trading Down 2.4 %

Shares of Amphenol stock opened at $66.56 on Monday. 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 has a fifty day moving average of $67.86 and a 200 day moving average of $68.83. The company has a market capitalization of $80.66 billion, a P/E ratio of 34.76, a P/E/G ratio of 1.92 and a beta of 1.25. Amphenol Co. has a fifty-two week low of $54.72 and a fifty-two week high of $79.39.

Amphenol (NYSE:APH) last released its 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 return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter last year, the business posted $0.82 earnings per share. The firm’s revenue was up 29.8% on a year-over-year basis. On average, sell-side analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The business also recently announced 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. This represents a $0.66 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio (DPR) is presently 34.55%.

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.