Fiera Capital Corp Has $68.79 Million Stock Position in Amphenol Co. (NYSE:APH)

Fiera Capital Corp boosted its position in shares of Amphenol Co. (NYSE:APH) by 13.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 990,538 shares of the electronics maker’s stock after purchasing an additional 117,749 shares during the quarter. Fiera Capital Corp’s holdings in Amphenol were worth $68,793,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Trifecta Capital Advisors LLC raised its stake in shares of Amphenol by 352.1% during the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock worth $28,000 after buying an additional 338 shares during the last quarter. Hanson & Doremus Investment Management acquired a new position in shares of Amphenol in the 4th quarter valued at $32,000. Continuum Advisory LLC boosted its position in shares of Amphenol by 89.3% in 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. Brown Brothers Harriman & Co. raised its position in shares of Amphenol by 50.0% in 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 worth approximately $49,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on APH. JPMorgan Chase & Co. raised their price objective on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Citigroup raised their price target on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. TD Cowen lifted their price target 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. Bank of America increased their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. Finally, Robert W. Baird raised their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

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’s 50 day moving average price is $71.48 and its two-hundred day moving average price is $68.29. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $84.09 billion, a price-to-earnings ratio of 36.42, a P/E/G ratio of 1.99 and a beta of 1.23.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating 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 business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same quarter in the prior year, the business earned $0.82 EPS. Amphenol’s quarterly revenue was up 29.8% on a year-over-year basis. On average, analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be given 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 of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio is currently 34.46%.

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.