2,978 Shares in Amphenol Co. (NYSE:APH) Bought by LGL Partners LLC

LGL Partners LLC acquired a new position in shares of Amphenol Co. (NYSE:APH) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,978 shares of the electronics maker’s stock, valued at approximately $207,000.

A number of other large investors have also recently bought and sold shares of the company. Sierra Ocean LLC bought a new position in Amphenol in the fourth quarter valued at approximately $28,000. Brown Brothers Harriman & Co. grew its holdings in Amphenol by 50.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 166 shares during the last quarter. Continuum Advisory LLC raised its position in Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after purchasing an additional 234 shares during the last quarter. Hanson & Doremus Investment Management acquired a new position in shares of Amphenol in the 4th quarter worth approximately $32,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in Amphenol during the 4th quarter worth about $49,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Price Performance

Shares of Amphenol stock opened at $64.91 on Wednesday. The stock has a 50 day moving average price of $70.38 and a 200-day moving average price of $68.79. Amphenol Co. has a one year low of $53.67 and a one year high of $79.39. The stock has a market cap of $78.61 billion, a price-to-earnings ratio of 33.89, a price-to-earnings-growth ratio of 1.92 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.

Amphenol (NYSE:APH) last issued its quarterly earnings results 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 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 revenue for the quarter was up 29.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 earnings per share. Equities analysts expect that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders 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 annualized dividend and a yield of 1.02%. Amphenol’s dividend payout ratio (DPR) is presently 34.46%.

Analyst Upgrades and Downgrades

A number of research firms have commented on APH. Robert W. Baird raised their price target on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. Citigroup boosted their target price on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. The Goldman Sachs Group boosted their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Bank of America lifted their price objective on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Finally, Truist Financial increased their price target on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Five investment 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, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus 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.