National Bank of Canada FI Has $124.55 Million Stock Holdings in Amphenol Co. (NYSE:APH)

National Bank of Canada FI reduced its holdings in Amphenol Co. (NYSE:APH) by 31.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,793,348 shares of the electronics maker’s stock after selling 807,611 shares during the quarter. National Bank of Canada FI owned about 0.15% of Amphenol worth $124,548,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in APH. Tacita Capital Inc increased its stake in shares of Amphenol by 328.9% in 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 in the last quarter. Sierra Ocean LLC acquired a new stake in Amphenol in the fourth quarter worth $28,000. Rialto Wealth Management LLC bought a new stake in Amphenol in the fourth quarter valued at $28,000. Rakuten Securities Inc. raised its holdings in shares of Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock valued at $29,000 after purchasing an additional 366 shares during the period. Finally, Continuum Advisory LLC boosted its position in shares of Amphenol by 89.3% during the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after purchasing an additional 234 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

APH has been the subject of a number of research analyst reports. Robert W. Baird boosted their target price on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Truist Financial upped their target price on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Bank of America lifted their price target on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Citigroup raised their price objective 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, 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. Five 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 stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Trading Down 1.5 %

NYSE:APH opened at $65.62 on Tuesday. Amphenol Co. has a 52 week low of $54.72 and a 52 week high of $79.39. The firm has a 50-day moving average price of $67.78 and a two-hundred day moving average price of $68.84. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. The firm has a market cap of $79.51 billion, a price-to-earnings ratio of 34.27, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25.

Amphenol (NYSE:APH) last issued 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. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The company had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. During the same period last year, the business posted $0.82 earnings per share. Amphenol’s revenue was up 29.8% on a year-over-year basis. On average, equities analysts expect that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 1.01%. Amphenol’s payout ratio is currently 34.55%.

About Amphenol

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.