Whipplewood Advisors LLC Invests $57,000 in Amphenol Co. (NYSE:APH)

Whipplewood Advisors LLC acquired a new position in shares of Amphenol Co. (NYSE:APH) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 814 shares of the electronics maker’s stock, valued at approximately $57,000.

Several other large investors have also modified their holdings of APH. Sierra Ocean LLC purchased a new position in shares of Amphenol during the 4th quarter worth about $28,000. Brown Brothers Harriman & Co. lifted its holdings in shares of 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 period. Continuum Advisory LLC lifted its holdings in shares of 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 acquiring an additional 234 shares during the period. Hanson & Doremus Investment Management purchased a new position in Amphenol in the fourth quarter valued at approximately $32,000. Finally, Endeavor Private Wealth Inc. purchased a new position in Amphenol in the fourth quarter valued at approximately $49,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Amphenol Stock Up 1.7 %

Shares of Amphenol stock opened at $66.57 on Friday. The business has a 50-day moving average of $70.13 and a 200-day moving average of $68.77. 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 company has a market capitalization of $80.62 billion, a PE ratio of 34.76, a P/E/G ratio of 1.92 and a beta of 1.23. Amphenol Co. has a 1-year low of $54.24 and a 1-year high of $79.39.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 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 business had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter last year, the company posted $0.82 earnings per share. The company’s quarterly revenue was up 29.8% compared to the same quarter last year. As a group, equities analysts forecast that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be issued a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 0.99%. Amphenol’s dividend payout ratio is currently 34.55%.

Analysts Set New Price Targets

APH has been the topic of several research reports. Bank of America raised their price target 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 raised their price target on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Citigroup raised their price target on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Finally, The Goldman Sachs Group raised their price target on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average 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.