Mesirow Financial Investment Management Inc. Sells 236 Shares of Amphenol Co. (NYSE:APH)

Mesirow Financial Investment Management Inc. decreased its position in shares of Amphenol Co. (NYSE:APH) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,154 shares of the electronics maker’s stock after selling 236 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in Amphenol were worth $2,650,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Prescott Group Capital Management L.L.C. acquired a new stake in Amphenol in the 4th quarter worth about $1,389,000. Callan Family Office LLC increased its holdings in shares of Amphenol by 528.1% during the fourth quarter. Callan Family Office LLC now owns 73,439 shares of the electronics maker’s stock worth $5,100,000 after purchasing an additional 61,747 shares during the period. E Fund Management Co. Ltd. raised its position in shares of Amphenol by 112.4% in the fourth quarter. E Fund Management Co. Ltd. now owns 36,967 shares of the electronics maker’s stock valued at $2,567,000 after buying an additional 19,562 shares in the last quarter. Candriam S.C.A. boosted its stake in shares of Amphenol by 1,024.4% in the fourth quarter. Candriam S.C.A. now owns 783,675 shares of the electronics maker’s stock valued at $54,426,000 after buying an additional 713,976 shares during the period. Finally, Ethos Financial Group LLC acquired a new stake in Amphenol during the fourth quarter worth approximately $167,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on APH shares. JPMorgan Chase & Co. lifted their price objective on Amphenol from $85.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, January 23rd. Robert W. Baird upped their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Citigroup increased their price objective on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. The Goldman Sachs Group boosted their target price on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Finally, Truist Financial increased their price target 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. Five 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $80.68.

Amphenol Trading Up 2.0 %

NYSE APH opened at $62.99 on Friday. The company has a market cap of $76.28 billion, a price-to-earnings ratio of 32.89, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. Amphenol Co. has a twelve month low of $54.27 and a twelve month high of $79.39. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66. The business’s fifty day moving average is $69.31 and its 200 day moving average is $68.69.

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

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be paid a $0.165 dividend. 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 1.05%. Amphenol’s dividend payout ratio (DPR) is presently 34.55%.

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.