Amphenol Co. (NYSE:APH) Shares Acquired by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Amphenol Co. (NYSE:APH) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,174 shares of the electronics maker’s stock after acquiring an additional 4,929 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Amphenol were worth $7,374,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of APH. Tacita Capital Inc boosted its position 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 acquiring an additional 296 shares during the last quarter. Sierra Ocean LLC acquired a new position in Amphenol during the fourth quarter worth about $28,000. Rialto Wealth Management LLC acquired a new position in Amphenol during the fourth quarter worth about $28,000. Rakuten Securities Inc. boosted its position in Amphenol by 703.8% during the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock worth $29,000 after acquiring an additional 366 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted 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 worth $32,000 after acquiring an additional 166 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

APH has been the topic of a number of analyst reports. Robert W. Baird lifted their target price on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday, January 23rd. The Goldman Sachs Group lifted their target price on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Citigroup lifted their target price on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. JPMorgan Chase & Co. lifted their target price on shares of 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 target price on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, January 23rd. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

Amphenol Price Performance

Amphenol stock opened at $66.35 on Friday. Amphenol Co. has a 1 year low of $54.72 and a 1 year high of $79.39. The company’s 50 day simple moving average is $68.08 and its 200-day simple moving average is $68.48. The company has a market capitalization of $80.35 billion, a price-to-earnings ratio of 34.65, 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 (NYSE:APH) last announced its earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The firm had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.05 billion. During the same period in the prior year, the firm earned $0.82 EPS. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. As a group, equities research analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.99%. The ex-dividend date is Tuesday, March 18th. 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.