Amphenol Co. (NYSE:APH) Position Boosted by Tacita Capital Inc

Tacita Capital Inc lifted its stake in shares of Amphenol Co. (NYSE:APH) by 328.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 386 shares of the electronics maker’s stock after purchasing an additional 296 shares during the period. Tacita Capital Inc’s holdings in Amphenol were worth $27,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Sierra Ocean LLC bought a new position in Amphenol in the fourth quarter worth about $28,000. Brown Brothers Harriman & Co. lifted its holdings in Amphenol by 50.0% in the third 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 last quarter. Continuum Advisory LLC lifted its holdings in Amphenol by 89.3% in the third 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 last quarter. Hanson & Doremus Investment Management bought a new position in Amphenol in the fourth quarter worth about $32,000. Finally, Endeavor Private Wealth Inc. bought a new position in Amphenol in the fourth quarter worth about $49,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

NYSE APH opened at $63.25 on Tuesday. Amphenol Co. has a 12 month low of $54.27 and a 12 month high of $79.39. 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 firm has a market capitalization of $76.60 billion, a PE ratio of 33.03, a P/E/G ratio of 1.92 and a beta of 1.23. The company’s 50 day simple moving average is $69.97 and its 200 day simple moving average is $68.81.

Amphenol (NYSE:APH) last posted its quarterly earnings data 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 last year, the business earned $0.82 earnings per share. The business’s revenue for the quarter was up 29.8% on a year-over-year basis. As a group, equities research analysts forecast that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.04%. Amphenol’s dividend payout ratio is presently 34.55%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Citigroup raised their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Robert W. Baird raised their price target on shares of Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research note on Thursday, January 23rd. 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 research note on Thursday, January 23rd. 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 research note on Thursday, January 23rd. Five investment 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $80.68.

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.