Dorsey & Whitney Trust CO LLC Buys 454 Shares of Amphenol Co. (NYSE:APH)

Dorsey & Whitney Trust CO LLC raised its stake in shares of Amphenol Co. (NYSE:APH) by 3.6% in the 4th quarter, Holdings Channel reports. The firm owned 12,933 shares of the electronics maker’s stock after purchasing an additional 454 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Amphenol were worth $898,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of APH. Tacita Capital Inc raised its position in shares of Amphenol by 328.9% in the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock worth $27,000 after acquiring an additional 296 shares in the last quarter. Sierra Ocean LLC bought a new position in shares of Amphenol in the 4th quarter worth about $28,000. Rialto Wealth Management LLC bought a new position in shares of Amphenol in the 4th quarter worth about $28,000. Hanson & Doremus Investment Management bought a new position in shares of Amphenol in the 4th quarter worth about $32,000. Finally, Continuum Advisory LLC raised 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 acquiring an additional 234 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

Amphenol Price Performance

APH stock opened at $62.99 on Monday. The company has a market capitalization of $76.28 billion, a P/E ratio of 32.89, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. 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 52-week low of $54.27 and a 52-week high of $79.39. The business has a 50-day simple moving average of $69.31 and a two-hundred day simple moving average of $68.71.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The business had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same quarter in the previous year, the business earned $0.82 EPS. The company’s quarterly revenue was up 29.8% on a year-over-year basis. Research analysts expect that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 1.05%. Amphenol’s dividend payout ratio is currently 34.55%.

Analyst Ratings Changes

APH has been the subject of several research analyst reports. Truist Financial lifted their price objective on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Bank of America raised their target price on 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 target price on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Citigroup raised their target price on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Finally, JPMorgan Chase & Co. raised their target price on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.