Amphenol Co. (NYSE:APH) Shares Sold by Roffman Miller Associates Inc. PA

Roffman Miller Associates Inc. PA decreased its stake in shares of Amphenol Co. (NYSE:APH) by 0.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 498,498 shares of the electronics maker’s stock after selling 643 shares during the period. Amphenol accounts for 2.1% of Roffman Miller Associates Inc. PA’s portfolio, making the stock its 19th largest position. Roffman Miller Associates Inc. PA’s holdings in Amphenol were worth $34,621,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. State Street Corp increased its position in shares of Amphenol by 3.0% in the third quarter. State Street Corp now owns 53,534,216 shares of the electronics maker’s stock worth $3,496,777,000 after acquiring an additional 1,537,880 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Amphenol by 2.3% in the third quarter. Geode Capital Management LLC now owns 24,666,093 shares of the electronics maker’s stock worth $1,601,540,000 after acquiring an additional 564,991 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Amphenol by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 6,558,670 shares of the electronics maker’s stock worth $427,363,000 after acquiring an additional 63,180 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Amphenol by 25.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,329,913 shares of the electronics maker’s stock worth $347,297,000 after acquiring an additional 1,073,480 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Amphenol by 89.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock worth $280,397,000 after acquiring an additional 2,032,402 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Trading Down 2.6 %

NYSE APH opened at $67.58 on Monday. Amphenol Co. has a 12 month low of $52.89 and a 12 month high of $79.39. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The company has a market capitalization of $81.84 billion, a price-to-earnings ratio of 35.29, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23. The company’s fifty day moving average price is $70.73 and its two-hundred day moving average price is $68.74.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The company had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.05 billion. During the same period last year, the firm posted $0.82 EPS. The company’s revenue for the quarter was up 29.8% on a year-over-year basis. As a group, research analysts predict that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a $0.165 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.98%. Amphenol’s payout ratio is currently 34.46%.

Wall Street Analyst Weigh In

APH has been the subject of several recent research reports. Truist Financial increased their price objective on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. upped their target price 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. The Goldman Sachs Group upped their target price on shares of 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 upped their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Finally, Citigroup upped their target price on shares of Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.68.

Amphenol 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.