Vinva Investment Management Ltd Acquires 9,307 Shares of Amphenol Co. (NYSE:APH)

Vinva Investment Management Ltd grew its position in Amphenol Co. (NYSE:APH) by 20.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 55,792 shares of the electronics maker’s stock after purchasing an additional 9,307 shares during the period. Vinva Investment Management Ltd’s holdings in Amphenol were worth $3,878,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tacita Capital Inc boosted its stake in shares of Amphenol by 328.9% in the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 296 shares in the last quarter. Sierra Ocean LLC acquired a new stake in shares of Amphenol in the 4th quarter valued at $28,000. Rialto Wealth Management LLC acquired a new stake in shares of Amphenol in the 4th quarter valued at $28,000. Rakuten Securities Inc. boosted its stake in shares of Amphenol by 703.8% in the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock valued at $29,000 after purchasing an additional 366 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in shares of Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 166 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Performance

Shares of NYSE:APH opened at $67.53 on Thursday. The stock has a market capitalization of $81.79 billion, a P/E ratio of 35.27, a P/E/G ratio of 1.92 and a beta of 1.25. Amphenol Co. has a 1-year low of $54.72 and a 1-year 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 business has a 50-day moving average price of $68.19 and a two-hundred day moving average price of $68.50.

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

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders 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 dividend yield of 0.98%. Amphenol’s dividend payout ratio (DPR) is presently 34.55%.

Analyst Ratings Changes

APH has been the topic of several recent analyst reports. Robert W. Baird boosted their target price on shares of Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research note on Thursday, January 23rd. Truist Financial upped 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. Citigroup upped their price target on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, Bank of America upped their price target on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. Five investment 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus 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.