Amphenol Co. (NYSE:APH) Shares Bought by Angeles Wealth Management LLC

Angeles Wealth Management LLC increased its holdings in Amphenol Co. (NYSE:APH) by 15.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,409 shares of the electronics maker’s stock after purchasing an additional 582 shares during the quarter. Angeles Wealth Management LLC’s holdings in Amphenol were worth $306,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Trifecta Capital Advisors LLC lifted its holdings in shares of Amphenol by 352.1% in the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock valued at $28,000 after purchasing an additional 338 shares in the last quarter. Hanson & Doremus Investment Management acquired a new position in shares of Amphenol during the 4th quarter worth approximately $32,000. Continuum Advisory LLC lifted 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 buying an additional 234 shares in the last quarter. Brown Brothers Harriman & Co. increased 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 buying an additional 166 shares in the last quarter. Finally, Endeavor Private Wealth Inc. acquired a new position in shares of Amphenol in the fourth quarter worth $49,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Trading Up 2.8 %

Shares of APH opened at $71.75 on Tuesday. The stock’s fifty day simple moving average is $71.57 and its 200 day simple moving average is $68.18. Amphenol Co. has a twelve month low of $51.13 and a twelve month high of $79.39. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $86.50 billion, a P/E ratio of 37.47, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.05. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same period in the previous year, the company posted $0.82 EPS. The company’s revenue was up 29.8% compared to the same quarter last year. On average, equities research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business 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 $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio (DPR) is presently 34.55%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on APH shares. The Goldman Sachs Group increased their price objective on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Bank of America lifted their price target on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. upped their price objective on shares of Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, January 23rd. TD Cowen lifted their target price on shares of Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a research note on Friday, October 25th. Finally, Robert W. Baird increased their price target on Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $80.68.

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.