367,706 Shares in Amphenol Co. (NYSE:APH) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC purchased a new stake in Amphenol Co. (NYSE:APH) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 367,706 shares of the electronics maker’s stock, valued at approximately $25,537,000.

Other hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. increased its position in shares of Amphenol by 208.8% during the fourth quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock valued at $1,765,000 after buying an additional 18,322 shares during the period. Spire Wealth Management grew its holdings in shares of Amphenol by 34.1% during the 4th quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker’s stock worth $6,836,000 after acquiring an additional 25,007 shares during the period. Consolidated Planning Corp raised its position in shares of Amphenol by 37.0% in the 4th quarter. Consolidated Planning Corp now owns 17,160 shares of the electronics maker’s stock worth $1,192,000 after acquiring an additional 4,631 shares in the last quarter. Pines Wealth Management LLC purchased a new position in shares of Amphenol in the 4th quarter valued at approximately $553,000. Finally, Kanawha Capital Management LLC lifted its stake in shares of Amphenol by 4.5% in the 4th quarter. Kanawha Capital Management LLC now owns 151,867 shares of the electronics maker’s stock valued at $10,547,000 after purchasing an additional 6,481 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Trading Down 0.3 %

Shares of NYSE:APH opened at $75.81 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. Amphenol Co. has a 1 year low of $54.77 and a 1 year high of $79.39. The company has a market cap of $91.87 billion, a P/E ratio of 39.59, a PEG ratio of 1.92 and a beta of 1.17. The stock’s fifty day moving average price is $65.53 and its 200-day moving average price is $68.95.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.11. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.81 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the business earned $0.40 EPS. Sell-side analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.87%. Amphenol’s dividend payout ratio (DPR) is currently 34.55%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Robert W. Baird increased their price objective on Amphenol from $73.00 to $85.00 and gave the stock an “outperform” rating in a report on Thursday. Citigroup increased their price target on shares of Amphenol from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday. Truist Financial lifted their price target on shares of Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Fox Advisors upgraded shares of Amphenol from an “equal weight” rating to an “overweight” rating and set a $85.00 price objective on the stock in a report on Thursday. Finally, The Goldman Sachs Group lifted their target price on shares of Amphenol from $72.00 to $80.00 and gave the company a “buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average price target of $82.58.

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.