RWA Wealth Partners LLC Grows Stock Holdings in Amphenol Co. (NYSE:APH)

RWA Wealth Partners LLC increased its holdings in shares of Amphenol Co. (NYSE:APH) by 9.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,217 shares of the electronics maker’s stock after purchasing an additional 1,798 shares during the period. RWA Wealth Partners LLC’s holdings in Amphenol were worth $1,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in APH. Norges Bank purchased a new position in shares of Amphenol during the 4th quarter valued at about $1,378,794,000. Madison Investment Advisors LLC acquired a new position in Amphenol in the fourth quarter valued at approximately $157,749,000. Vanguard Group Inc. grew its stake in shares of Amphenol by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker’s stock worth $10,565,279,000 after purchasing an additional 2,108,578 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in shares of Amphenol by 89.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock valued at $280,397,000 after purchasing an additional 2,032,402 shares in the last quarter. Finally, Two Sigma Advisers LP acquired a new position in shares of Amphenol in the 3rd quarter valued at $113,828,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on APH. Citigroup lifted their price objective on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Robert W. Baird upped their price target on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. The Goldman Sachs Group raised their price objective on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. upped their target price on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Finally, 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 note on Thursday, January 23rd. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Price Performance

Shares of NYSE APH opened at $65.62 on Tuesday. The stock has a market capitalization 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 Co. has a 52 week low of $54.72 and a 52 week high of $79.39. The firm has a 50-day simple moving average of $67.78 and a 200-day simple moving average of $68.84. 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 (NYSE:APH) last released its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share 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 business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same period last year, the company posted $0.82 EPS. The business’s revenue was up 29.8% on a year-over-year basis. On average, equities analysts predict that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company also recently declared 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. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 1.01%. Amphenol’s payout ratio is 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.