AlphaQuest LLC Has $1.56 Million Stock Holdings in Amphenol Co. (NYSE:APH)

AlphaQuest LLC increased its position in Amphenol Co. (NYSE:APH) by 12.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,486 shares of the electronics maker’s stock after buying an additional 2,556 shares during the period. AlphaQuest LLC’s holdings in Amphenol were worth $1,562,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Argentarii LLC acquired a new stake in shares of Amphenol in the 4th quarter valued at about $2,192,000. OFI Invest Asset Management acquired a new position in Amphenol during the 4th quarter valued at about $44,000. Personal CFO Solutions LLC boosted its stake in Amphenol by 31.1% during the 4th quarter. Personal CFO Solutions LLC now owns 5,423 shares of the electronics maker’s stock valued at $377,000 after purchasing an additional 1,287 shares during the last quarter. Dorsey & Whitney Trust CO LLC boosted its stake in Amphenol by 3.6% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 12,933 shares of the electronics maker’s stock valued at $898,000 after purchasing an additional 454 shares during the last quarter. Finally, Rialto Wealth Management LLC acquired a new position in Amphenol during the 4th quarter valued at about $28,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Citigroup lifted their price target on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. The Goldman Sachs Group lifted their target price 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. lifted their target price 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. Truist Financial lifted their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Finally, Bank of America lifted their target price 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. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Trading Up 2.0 %

NYSE:APH opened at $62.99 on Monday. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $76.28 billion, a PE ratio of 32.89, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The firm’s 50 day moving average is $69.31 and its 200 day moving average is $68.71. Amphenol Co. has a 12 month low of $54.27 and a 12 month high of $79.39.

Amphenol (NYSE:APH) last posted its quarterly 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. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company had revenue of $4.32 billion for the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter in the previous year, the firm posted $0.82 EPS. Amphenol’s revenue was up 29.8% on a year-over-year basis. Sell-side analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 1.05%. Amphenol’s dividend payout ratio is 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.