Wilmington Savings Fund Society FSB Buys 1,520 Shares of Amphenol Co. (NYSE:APH)

Wilmington Savings Fund Society FSB boosted its stake in Amphenol Co. (NYSE:APH) by 4.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 36,459 shares of the electronics maker’s stock after buying an additional 1,520 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Amphenol were worth $2,532,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Blue Trust Inc. boosted its position in Amphenol by 208.8% in the fourth quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock valued at $1,765,000 after buying an additional 18,322 shares in the last quarter. Spire Wealth Management raised its stake in shares of Amphenol by 34.1% in the fourth quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker’s stock valued at $6,836,000 after acquiring an additional 25,007 shares during the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Amphenol by 50.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker’s stock worth $17,477,000 after acquiring an additional 90,450 shares in the last quarter. LMR Partners LLP grew its position in Amphenol by 315.1% during the 3rd quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker’s stock worth $19,209,000 after acquiring an additional 223,784 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its position in Amphenol by 22.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker’s stock valued at $6,966,000 after purchasing an additional 19,496 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

APH has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price target on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Truist Financial boosted their price objective on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. TD Cowen boosted their target price on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research report on Friday, October 25th. Bank of America boosted 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, The Goldman Sachs Group raised 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. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and an average target price of $80.68.

Amphenol Stock Down 0.3 %

Shares of Amphenol stock opened at $69.81 on Friday. The company has a market capitalization of $84.16 billion, a P/E ratio of 36.45, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The business has a 50-day moving average of $71.57 and a two-hundred day moving average of $68.12. Amphenol Co. has a 1 year low of $51.13 and a 1 year high of $79.39.

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

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a $0.165 dividend. 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 payout ratio is presently 34.46%.

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.