Schroder Investment Management Group raised its position in shares of Amphenol Co. (NYSE:APH – Free Report) by 8.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,949,846 shares of the electronics maker’s stock after purchasing an additional 152,306 shares during the quarter. Schroder Investment Management Group’s holdings in Amphenol were worth $135,417,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of APH. Tacita Capital Inc increased its holdings 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 purchasing an additional 296 shares during the period. Sierra Ocean LLC purchased a new stake in Amphenol in the 4th quarter worth approximately $28,000. Rialto Wealth Management LLC acquired a new stake in shares of Amphenol during the 4th quarter valued at $28,000. Rakuten Securities Inc. grew its holdings in shares of Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock valued at $29,000 after acquiring an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management acquired a new position in Amphenol in the 4th quarter worth about $32,000. 97.01% of the stock is owned by institutional investors and hedge funds.
Amphenol Stock Performance
Shares of APH opened at $66.56 on Monday. The firm’s 50 day moving average price is $67.86 and its two-hundred day moving average price is $68.83. 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 twelve month low of $54.72 and a twelve month high of $79.39. The firm has a market cap of $80.66 billion, a P/E ratio of 34.76, a PEG ratio of 1.92 and a beta of 1.25.
Amphenol Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Tuesday, March 18th. Amphenol’s dividend payout ratio is currently 34.55%.
Wall Street Analyst Weigh In
A number of analysts have weighed in on APH shares. The Goldman Sachs Group boosted their price target on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price objective on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Citigroup boosted their price objective on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Bank of America raised their target price on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research 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 company an “outperform” rating in a report on Thursday, January 23rd. Five equities research 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 company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $80.68.
Get Our Latest Stock Report on Amphenol
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.
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