3,050 Shares in Amphenol Co. (NYSE:APH) Acquired by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC acquired a new position in Amphenol Co. (NYSE:APH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,050 shares of the electronics maker’s stock, valued at approximately $212,000.

Several other large investors also recently made changes to their positions in the business. Trifecta Capital Advisors LLC raised 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 buying an additional 338 shares during the last quarter. Brown Brothers Harriman & Co. raised its stake in shares of Amphenol by 50.0% in 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. Continuum Advisory LLC lifted its position in shares of Amphenol by 89.3% during the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after purchasing an additional 234 shares in the last quarter. Hanson & Doremus Investment Management bought a new stake in shares of Amphenol during the fourth quarter valued at approximately $32,000. Finally, Endeavor Private Wealth Inc. acquired a new stake in shares of Amphenol in the fourth quarter valued at approximately $49,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Trading Down 0.7 %

APH opened at $68.88 on Friday. The firm’s fifty day moving average is $71.29 and its two-hundred day moving average is $68.31. The firm has a market cap of $83.42 billion, a PE ratio of 35.97, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23. Amphenol Co. has a twelve month low of $52.06 and a twelve month high of $79.39. 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 issued its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping 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 the consensus estimate of $4.05 billion. During the same quarter last year, the business posted $0.82 EPS. The firm’s revenue was up 29.8% compared to the same quarter last year. Equities research analysts anticipate that Amphenol Co. will post 2.36 EPS 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. 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 0.96%. Amphenol’s payout ratio is 34.55%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on APH. Bank of America increased their price objective on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Truist Financial raised their price target on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Citigroup boosted their price objective on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. TD Cowen raised their target price on shares of Amphenol from $60.00 to $63.00 and gave the company a “hold” rating in a research note on Friday, October 25th. Finally, The Goldman Sachs Group boosted their price target 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. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $80.68.

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.