Analog Century Management LP Buys 31,383 Shares of Amphenol Co. (NYSE:APH)

Analog Century Management LP increased its stake in Amphenol Co. (NYSE:APH) by 2.5% in the 4th quarter, Holdings Channel reports. The firm owned 1,306,011 shares of the electronics maker’s stock after purchasing an additional 31,383 shares during the period. Amphenol accounts for approximately 6.1% of Analog Century Management LP’s holdings, making the stock its 4th biggest position. Analog Century Management LP’s holdings in Amphenol were worth $90,702,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Blue Trust Inc. lifted its position in shares of Amphenol by 208.8% during the 4th quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker’s stock worth $1,765,000 after purchasing an additional 18,322 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of Amphenol by 34.1% during the fourth quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker’s stock worth $6,836,000 after buying an additional 25,007 shares during the last quarter. Consolidated Planning Corp grew its stake in shares of Amphenol by 37.0% in the fourth quarter. Consolidated Planning Corp now owns 17,160 shares of the electronics maker’s stock worth $1,192,000 after acquiring an additional 4,631 shares during the last quarter. Pines Wealth Management LLC bought a new position in Amphenol during the fourth quarter worth $553,000. Finally, Kanawha Capital Management LLC raised its stake in Amphenol by 4.5% during the 4th quarter. Kanawha Capital Management LLC now owns 151,867 shares of the electronics maker’s stock valued at $10,547,000 after purchasing an additional 6,481 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on APH. Citigroup decreased their price target on shares of Amphenol from $89.00 to $75.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Truist Financial lifted their target price on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Robert W. Baird upped their price target on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a report on Thursday, January 23rd. UBS Group decreased their price objective on Amphenol from $90.00 to $78.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. Finally, JPMorgan Chase & Co. cut their target price on Amphenol from $90.00 to $85.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.40.

Amphenol Stock Up 8.2 %

Shares of NYSE:APH opened at $71.13 on Thursday. The company’s fifty day moving average is $65.24 and its 200-day moving average is $68.78. 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 Co. has a 52 week low of $54.77 and a 52 week high of $79.39. The company has a market capitalization of $86.19 billion, a PE ratio of 37.14, a P/E/G ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.11. The firm had revenue of $4.81 billion for the quarter, compared to analyst estimates of $4.20 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. During the same period in the previous year, the business earned $0.40 earnings per share. Equities research analysts predict that Amphenol Co. will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th were given a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.93%. Amphenol’s payout ratio is 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.