NBT Bank N A NY Sells 168 Shares of Amphenol Co. (NYSE:APH)

NBT Bank N A NY lowered its stake in shares of Amphenol Co. (NYSE:APH) by 0.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 28,978 shares of the electronics maker’s stock after selling 168 shares during the quarter. NBT Bank N A NY’s holdings in Amphenol were worth $2,012,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of APH. Tacita Capital Inc grew its holdings in Amphenol by 328.9% during the fourth quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock worth $27,000 after buying an additional 296 shares in the last quarter. Sierra Ocean LLC bought a new position in Amphenol in the 4th quarter valued at $28,000. Rialto Wealth Management LLC bought a new position in Amphenol in the 4th quarter valued at $28,000. Brown Brothers Harriman & Co. grew its stake in Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 166 shares during the period. Finally, Continuum Advisory LLC grew its stake in Amphenol by 89.3% in the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 234 shares during the period. Institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on APH. JPMorgan Chase & Co. upped their price objective on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Truist Financial upped their price objective on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. The Goldman Sachs Group upped their price target on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Finally, Robert W. Baird upped their price target on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Stock Performance

Shares of APH opened at $61.76 on Tuesday. The stock’s 50-day simple moving average is $69.15 and its 200 day simple moving average is $68.67. The stock has a market capitalization of $74.79 billion, a price-to-earnings ratio of 32.25, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. Amphenol Co. has a 52-week low of $54.27 and a 52-week high of $79.39.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion for 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%. The firm’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.82 EPS. Research analysts forecast that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued 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 1.07%. Amphenol’s dividend payout ratio (DPR) is 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.