Amphenol Co. (NYSE:APH) Stock Holdings Lifted by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC increased its stake in Amphenol Co. (NYSE:APH) by 0.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 171,060 shares of the electronics maker’s stock after acquiring an additional 215 shares during the quarter. Zevenbergen Capital Investments LLC’s holdings in Amphenol were worth $11,880,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Princeton Global Asset Management LLC lifted its position in shares of Amphenol by 0.6% in the fourth quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker’s stock worth $1,634,000 after purchasing an additional 136 shares in the last quarter. WASHINGTON TRUST Co increased its holdings in Amphenol by 23.0% in the fourth quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker’s stock worth $55,000 after buying an additional 147 shares during the last quarter. Brown Brothers Harriman & Co. raised its position in 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 acquiring an additional 166 shares in the last quarter. Fragasso Financial Advisors Inc lifted its stake in Amphenol by 4.7% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock valued at $266,000 after acquiring an additional 171 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. increased its stake in shares of Amphenol by 3.3% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 5,483 shares of the electronics maker’s stock worth $381,000 after purchasing an additional 173 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on APH. Truist Financial lifted their price target 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. JPMorgan Chase & Co. boosted 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. Bank of America boosted their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Citigroup increased their target price on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Finally, Robert W. Baird boosted their price target on Amphenol from $85.00 to $89.00 and gave the company 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 assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Stock Performance

APH stock opened at $66.78 on Monday. The business’s fifty day moving average is $68.01 and its 200-day moving average is $68.57. The company has a market cap of $80.92 billion, a P/E ratio of 34.87, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. Amphenol Co. has a twelve month low of $54.72 and a twelve month high of $79.39.

Amphenol (NYSE:APH) last announced its quarterly 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%. Amphenol’s revenue was up 29.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.82 EPS. Equities research analysts forecast that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm also recently declared 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 dividend yield of 0.99%. Amphenol’s dividend payout ratio (DPR) is currently 34.55%.

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.