GenTrust LLC Makes New $211,000 Investment in Amphenol Co. (NYSE:APH)

GenTrust LLC acquired a new stake in shares of Amphenol Co. (NYSE:APH) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 3,028 shares of the electronics maker’s stock, valued at approximately $211,000.

Several other institutional investors have also recently modified their holdings of the company. SRN Advisors LLC bought a new position in shares of Amphenol during the 4th quarter valued at about $832,000. Whipplewood Advisors LLC bought a new position in shares of Amphenol during the 4th quarter valued at about $57,000. Oregon Public Employees Retirement Fund increased its position in shares of Amphenol by 0.3% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 103,378 shares of the electronics maker’s stock valued at $7,180,000 after purchasing an additional 340 shares during the last quarter. LGL Partners LLC bought a new position in shares of Amphenol during the 4th quarter valued at about $207,000. Finally, Longbow Finance SA boosted its holdings in Amphenol by 5.0% during the 4th quarter. Longbow Finance SA now owns 99,043 shares of the electronics maker’s stock valued at $6,879,000 after acquiring an additional 4,691 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Down 1.2 %

APH opened at $65.41 on Friday. The stock has a market cap of $79.21 billion, a PE ratio of 34.16, a PEG ratio of 1.92 and a beta of 1.23. 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 business has a 50 day moving average of $70.21 and a 200-day moving average of $68.75. Amphenol Co. has a 52 week low of $53.85 and a 52 week high of $79.39.

Amphenol (NYSE:APH) last released its 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. The company had revenue of $4.32 billion during the quarter, compared to analysts’ expectations of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s revenue for the quarter was up 29.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.82 EPS. Equities research analysts predict that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s payout ratio is presently 34.46%.

Analysts Set New Price Targets

APH has been the subject of several analyst reports. Truist Financial increased their target price on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. The Goldman Sachs Group increased their target price on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Citigroup increased their target price on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Robert W. Baird increased their target price on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a report on Thursday, January 23rd. Finally, Bank of America increased their price objective on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.