Amphenol Co. (NYSE:APH) Position Lowered by Values First Advisors Inc.

Values First Advisors Inc. lowered its holdings in Amphenol Co. (NYSE:APH) by 4.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 28,683 shares of the electronics maker’s stock after selling 1,286 shares during the period. Amphenol accounts for about 1.1% of Values First Advisors Inc.’s portfolio, making the stock its 20th biggest position. Values First Advisors Inc.’s holdings in Amphenol were worth $1,992,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of APH. Valeo Financial Advisors LLC raised its holdings in shares of Amphenol by 12.0% during the third quarter. Valeo Financial Advisors LLC now owns 8,104 shares of the electronics maker’s stock valued at $528,000 after buying an additional 866 shares during the last quarter. Ritholtz Wealth Management raised its holdings in shares of Amphenol by 49.3% during the third quarter. Ritholtz Wealth Management now owns 6,422 shares of the electronics maker’s stock valued at $418,000 after buying an additional 2,120 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in shares of Amphenol by 56.3% during the third quarter. Exchange Traded Concepts LLC now owns 32,579 shares of the electronics maker’s stock valued at $2,123,000 after buying an additional 11,730 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Amphenol by 9.8% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 12,053 shares of the electronics maker’s stock valued at $785,000 after buying an additional 1,077 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in shares of Amphenol during the third quarter valued at approximately $81,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Trading Down 2.6 %

Amphenol stock opened at $69.95 on Wednesday. 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 firm has a market cap of $84.33 billion, a price-to-earnings ratio of 36.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23. Amphenol Co. has a 1 year low of $51.13 and a 1 year high of $79.39. The firm’s 50 day moving average price is $71.48 and its two-hundred day moving average price is $68.29.

Amphenol (NYSE:APH) last posted its quarterly 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 net margin of 15.92% and a return on equity of 25.67%. The firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same quarter in the previous year, the business posted $0.82 earnings per share. The firm’s quarterly revenue was up 29.8% compared to the same quarter last year. On average, research analysts predict that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.94%. The ex-dividend date is Tuesday, March 18th. Amphenol’s payout ratio is 34.46%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on APH shares. Evercore ISI lifted their price target on Amphenol from $75.00 to $80.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Truist Financial lifted their price target on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Bank of America raised their price objective 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 raised their price objective 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. Finally, TD Cowen raised their price objective 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. Five research 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol 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.