Amphenol Co. (NYSE:APH) Shares Bought by RWA Wealth Partners LLC

RWA Wealth Partners LLC grew its holdings in Amphenol Co. (NYSE:APH) by 9.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,217 shares of the electronics maker’s stock after purchasing an additional 1,798 shares during the period. RWA Wealth Partners LLC’s holdings in Amphenol were worth $1,404,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Tacita Capital Inc boosted its stake in Amphenol by 328.9% during the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock worth $27,000 after buying an additional 296 shares during the period. Sierra Ocean LLC purchased a new position in shares of Amphenol during the 4th quarter worth approximately $28,000. Rialto Wealth Management LLC acquired a new stake in Amphenol in the 4th quarter valued at approximately $28,000. Rakuten Securities Inc. raised its position in Amphenol by 703.8% in the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock valued at $29,000 after purchasing an additional 366 shares during the period. Finally, Hanson & Doremus Investment Management acquired a new position in Amphenol during the fourth quarter worth $32,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Trading Down 1.5 %

APH opened at $65.62 on Tuesday. 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 Co. has a one year low of $54.72 and a one year high of $79.39. The company has a market cap of $79.51 billion, a P/E ratio of 34.27, a PEG ratio of 1.92 and a beta of 1.25. The business’s 50-day simple moving average is $67.78 and its 200-day simple moving average is $68.84.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. The company had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The firm’s revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.82 earnings per share. As a group, equities research analysts expect that Amphenol Co. will post 2.36 EPS for the current fiscal 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 paid a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 1.01%. Amphenol’s dividend payout ratio is presently 34.55%.

Analyst Upgrades and Downgrades

APH has been the topic of several research analyst reports. Robert W. Baird boosted their price objective on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. increased their price target on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Bank of America lifted their price objective on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Truist Financial increased their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Finally, Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock 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.