Whipplewood Advisors LLC Purchases Shares of 814 Amphenol Co. (NYSE:APH)

Whipplewood Advisors LLC purchased a new stake in shares of Amphenol Co. (NYSE:APH) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 814 shares of the electronics maker’s stock, valued at approximately $57,000.

A number of other institutional investors have also made changes to their positions in APH. Swedbank AB increased its position in shares of Amphenol by 38.5% during the third quarter. Swedbank AB now owns 3,600,252 shares of the electronics maker’s stock valued at $234,592,000 after acquiring an additional 1,000,000 shares during the last quarter. Financial Advocates Investment Management grew its holdings in shares of Amphenol by 5.0% in the third quarter. Financial Advocates Investment Management now owns 6,832 shares of the electronics maker’s stock valued at $445,000 after purchasing an additional 327 shares in the last quarter. Stephens Inc. AR grew its holdings in shares of Amphenol by 8.5% in the third quarter. Stephens Inc. AR now owns 307,368 shares of the electronics maker’s stock valued at $20,028,000 after purchasing an additional 24,146 shares in the last quarter. Manitou Investment Management Ltd. grew its holdings in shares of Amphenol by 9,381.9% in the third quarter. Manitou Investment Management Ltd. now owns 234,297 shares of the electronics maker’s stock valued at $15,267,000 after purchasing an additional 231,826 shares in the last quarter. Finally, Jacobson & Schmitt Advisors LLC grew its holdings in shares of Amphenol by 2.0% in the third quarter. Jacobson & Schmitt Advisors LLC now owns 277,943 shares of the electronics maker’s stock valued at $18,111,000 after purchasing an additional 5,469 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on APH shares. 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. Bank of America lifted 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. The Goldman Sachs Group lifted their price objective on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Truist Financial boosted their price target on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Finally, Robert W. Baird boosted their price target on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a report on Thursday, January 23rd. Five research 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 company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.68.

Amphenol Stock Up 1.7 %

Shares of NYSE:APH opened at $66.57 on Friday. The firm has a 50 day simple moving average of $70.13 and a 200-day simple moving average of $68.77. Amphenol Co. has a twelve month low of $54.24 and a twelve month high of $79.39. The company has a market capitalization of $80.62 billion, a PE ratio of 34.76, a P/E/G ratio of 1.92 and a beta of 1.23. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. The firm had revenue of $4.32 billion during the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. Amphenol’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.82 EPS. On average, equities analysts predict that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a yield of 0.99%. Amphenol’s payout ratio 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.