Amphenol Co. (NYSE:APH) Shares Purchased by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp boosted its holdings in shares of Amphenol Co. (NYSE:APH) by 1.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 341,762 shares of the electronics maker’s stock after acquiring an additional 3,299 shares during the quarter. Amphenol accounts for about 4.5% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 4th largest holding. Noesis Capital Mangement Corp’s holdings in Amphenol were worth $23,735,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of APH. Blue Trust Inc. lifted its holdings 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 valued at $1,765,000 after buying an additional 18,322 shares during the last quarter. Spire Wealth Management lifted its holdings in shares of Amphenol by 34.1% during the 4th quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker’s stock valued at $6,836,000 after buying an additional 25,007 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in shares of Amphenol by 50.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 268,219 shares of the electronics maker’s stock valued at $17,477,000 after buying an additional 90,450 shares during the last quarter. LMR Partners LLP lifted its holdings in shares of Amphenol by 315.1% during the 3rd quarter. LMR Partners LLP now owns 294,800 shares of the electronics maker’s stock valued at $19,209,000 after buying an additional 223,784 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Amphenol by 22.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 106,899 shares of the electronics maker’s stock valued at $6,966,000 after buying an additional 19,496 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Robert W. Baird lifted 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. Citigroup lifted their price target on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a report on Friday, January 17th. Truist Financial raised their price objective on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. The Goldman Sachs Group raised their price objective on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Finally, Bank of America raised their price objective on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Five 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $80.68.

Amphenol Stock Performance

Shares of NYSE APH opened at $66.57 on Friday. 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 50 day moving average is $70.13 and its two-hundred day moving average is $68.77. The company has a market cap of $80.62 billion, a P/E ratio of 34.76, a P/E/G ratio of 1.92 and a beta of 1.23. Amphenol Co. has a 12 month low of $54.24 and a 12 month high of $79.39.

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

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Tuesday, March 18th. Amphenol’s dividend payout ratio is presently 34.55%.

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.