Amphenol Co. (NYSE:APH) Stake Boosted by First National Advisers LLC

First National Advisers LLC increased its holdings in Amphenol Co. (NYSE:APH) by 4.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,900 shares of the electronics maker’s stock after purchasing an additional 2,808 shares during the period. Amphenol makes up 0.8% of First National Advisers LLC’s investment portfolio, making the stock its 28th biggest holding. First National Advisers LLC’s holdings in Amphenol were worth $4,716,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Tacita Capital Inc boosted its holdings in Amphenol by 328.9% during the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 296 shares during the period. Sierra Ocean LLC acquired a new position in shares of Amphenol during the fourth quarter valued at about $28,000. Rialto Wealth Management LLC acquired a new position in shares of Amphenol during the fourth quarter valued at about $28,000. Rakuten Securities Inc. raised its position in shares of Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock valued at $29,000 after buying an additional 366 shares during the last quarter. Finally, Brown Brothers Harriman & Co. raised its position in shares of Amphenol by 50.0% during the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after buying an additional 166 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Amphenol Price Performance

Shares of APH stock opened at $63.08 on Friday. Amphenol Co. has a 52-week low of $54.72 and a 52-week high of $79.39. The stock has a market cap of $76.39 billion, a PE ratio of 32.94, a PEG 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. The firm’s 50 day moving average price is $68.57 and its two-hundred day moving average price is $68.53.

Amphenol (NYSE:APH) last announced its quarterly earnings data 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 net margin of 15.92% and a return on equity of 25.67%. The firm had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.05 billion. During the same period last year, the firm 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, analysts forecast that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

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 issued a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 1.05%. Amphenol’s dividend payout ratio (DPR) is presently 34.55%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on APH shares. Truist Financial upped their price objective on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. The Goldman Sachs Group increased their price target on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research 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 increased their price target 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 upped their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.