Virtu Financial LLC Increases Stake in Amphenol Co. (NYSE:APH)

Virtu Financial LLC boosted its position in shares of Amphenol Co. (NYSE:APH) by 63.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 14,643 shares of the electronics maker’s stock after purchasing an additional 5,710 shares during the quarter. Virtu Financial LLC’s holdings in Amphenol were worth $1,017,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of APH. Tacita Capital Inc boosted its holdings in shares of Amphenol by 328.9% during the 4th 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 last quarter. Sierra Ocean LLC purchased a new stake in shares of Amphenol during the 4th quarter valued at about $28,000. Rialto Wealth Management LLC purchased a new stake in shares of Amphenol during the 4th quarter valued at about $28,000. Rakuten Securities Inc. boosted its holdings in shares of Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock valued at $29,000 after acquiring an additional 366 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted 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 valued at $32,000 after acquiring an additional 166 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports on APH shares. 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 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. The Goldman Sachs Group increased their price objective on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Bank of America increased their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. Finally, Citigroup increased their price objective on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Price Performance

NYSE APH opened at $66.78 on Monday. Amphenol Co. has a 12 month low of $54.72 and a 12 month high of $79.39. The stock has a market cap of $80.92 billion, a price-to-earnings ratio of 34.87, a PEG ratio of 1.92 and a beta of 1.25. The company’s 50 day moving average is $68.01 and its two-hundred day moving average is $68.57. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The firm’s revenue was up 29.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.82 EPS. As a group, research analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s payout ratio is currently 34.55%.

Amphenol 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.