Ingalls & Snyder LLC Grows Holdings in Amphenol Co. (NYSE:APH)

Ingalls & Snyder LLC boosted its position in shares of Amphenol Co. (NYSE:APH) by 0.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 44,429 shares of the electronics maker’s stock after purchasing an additional 323 shares during the quarter. Ingalls & Snyder LLC’s holdings in Amphenol were worth $3,086,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Trifecta Capital Advisors LLC grew its position in Amphenol by 352.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 338 shares during the last quarter. Hanson & Doremus Investment Management purchased a new stake in Amphenol during the 4th quarter valued at about $32,000. Continuum Advisory LLC lifted its stake in Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 234 shares during the period. Brown Brothers Harriman & Co. lifted its stake in Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after acquiring an additional 166 shares during the period. Finally, Endeavor Private Wealth Inc. bought a new position in Amphenol during the 4th quarter valued at about $49,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Price Performance

NYSE APH opened at $69.75 on Thursday. Amphenol Co. has a 12 month low of $51.13 and a 12 month high of $79.39. The stock has a market cap of $84.09 billion, a price-to-earnings ratio of 36.42, a PEG ratio of 1.99 and a beta of 1.23. The company’s 50 day moving average is $71.48 and its two-hundred day moving average is $68.29. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter last year, the business earned $0.82 EPS. The firm’s revenue was up 29.8% compared to the same quarter last year. As a group, research analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders 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 (DPR) is currently 34.46%.

Analyst Ratings Changes

APH has been the topic of several research analyst reports. Bank of America upped their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. The Goldman Sachs Group upped their target price on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Robert W. Baird increased their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday, January 23rd. TD Cowen increased their price objective on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Finally, Evercore ISI increased their price objective on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research note 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $80.68.

Amphenol Company 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.