Capital International Investors Has $227.12 Million Stock Position in Amphenol Co. (NYSE:APH)

Capital International Investors raised its stake in Amphenol Co. (NYSE:APH) by 0.2% in the fourth quarter, Holdings Channel reports. The firm owned 3,270,213 shares of the electronics maker’s stock after acquiring an additional 5,531 shares during the quarter. Capital International Investors’ holdings in Amphenol were worth $227,116,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in APH. Tacita Capital Inc increased its holdings in Amphenol by 328.9% during the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock worth $27,000 after buying an additional 296 shares during the last quarter. Sierra Ocean LLC acquired a new position in shares of Amphenol during the 4th quarter worth about $28,000. Rialto Wealth Management LLC bought a new stake in shares of Amphenol in the 4th quarter valued at about $28,000. Rakuten Securities Inc. grew its holdings in Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock worth $29,000 after purchasing an additional 366 shares during the period. Finally, Hanson & Doremus Investment Management acquired a new position in Amphenol during the fourth quarter worth approximately $32,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analysts Set New Price Targets

APH has been the subject of several research analyst reports. Truist Financial lifted their target price on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Bank of America upped their price objective on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, January 23rd. Robert W. Baird lifted their target price on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. lowered their price target on shares of Amphenol from $90.00 to $85.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, UBS Group reduced their price objective on Amphenol from $90.00 to $78.00 and set a “buy” rating for the company in a report on Thursday, April 10th. Four 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 company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $79.40.

Amphenol Stock Up 0.6 %

APH stock opened at $65.13 on Friday. Amphenol Co. has a 52 week low of $54.77 and a 52 week high of $79.39. The business has a 50-day simple moving average of $65.39 and a 200 day simple moving average of $68.73. 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 company has a market cap of $78.93 billion, a PE ratio of 34.01, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 posted $0.82 EPS. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. Sell-side analysts anticipate that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.01%. 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.