Savant Capital LLC Has $1.08 Million Stock Holdings in Amphenol Co. (NYSE:APH)

Savant Capital LLC increased its position in shares of Amphenol Co. (NYSE:APH) by 8.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 15,505 shares of the electronics maker’s stock after purchasing an additional 1,219 shares during the period. Savant Capital LLC’s holdings in Amphenol were worth $1,077,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Trifecta Capital Advisors LLC raised its position in shares of Amphenol by 352.1% during the third quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock worth $28,000 after purchasing an additional 338 shares during the period. Hanson & Doremus Investment Management bought a new stake in Amphenol during the 4th quarter valued at $32,000. Continuum Advisory LLC raised its holdings in 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 buying an additional 234 shares during the last quarter. Brown Brothers Harriman & Co. lifted 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 valued at $32,000 after buying an additional 166 shares in the last quarter. Finally, Endeavor Private Wealth Inc. acquired a new position in shares of Amphenol during the fourth quarter valued at about $49,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Down 0.7 %

APH opened at $68.88 on Friday. Amphenol Co. has a twelve month low of $52.06 and a twelve month high of $79.39. The company’s 50-day moving average price is $71.29 and its two-hundred day moving average price is $68.31. The stock has a market cap of $83.42 billion, a price-to-earnings ratio of 35.97, a PEG ratio of 1.99 and a beta of 1.23. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating 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 in the prior year, the business earned $0.82 earnings per share. Amphenol’s revenue for the quarter was up 29.8% on a year-over-year basis. As a group, equities analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio is currently 34.55%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on APH. Evercore ISI upped their target price on shares of Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. The Goldman Sachs Group raised their target price on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. TD Cowen upped their price target on Amphenol from $60.00 to $63.00 and gave the stock a “hold” rating in a report on Friday, October 25th. Robert W. Baird raised their price objective on Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a research note on Thursday, January 23rd. Finally, JPMorgan Chase & Co. upped their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Five analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and a consensus price target 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.