Blair William & Co. IL Sells 22,496 Shares of Amphenol Co. (NYSE:APH)

Blair William & Co. IL trimmed its holdings in Amphenol Co. (NYSE:APH) by 0.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,070,194 shares of the electronics maker’s stock after selling 22,496 shares during the quarter. Blair William & Co. IL’s holdings in Amphenol were worth $213,225,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in APH. Madison Investment Advisors LLC bought a new stake in shares of Amphenol during the fourth quarter worth approximately $157,749,000. Vanguard Group Inc. grew its holdings in Amphenol by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 152,127,847 shares of the electronics maker’s stock valued at $10,565,279,000 after purchasing an additional 2,108,578 shares during the period. Jacobs Levy Equity Management Inc. increased its stake in Amphenol by 89.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 4,303,215 shares of the electronics maker’s stock valued at $280,397,000 after purchasing an additional 2,032,402 shares in the last quarter. Two Sigma Advisers LP acquired a new stake in Amphenol in the third quarter worth $113,828,000. Finally, Los Angeles Capital Management LLC lifted its stake in Amphenol by 3,103.8% in the fourth quarter. Los Angeles Capital Management LLC now owns 1,684,596 shares of the electronics maker’s stock valued at $116,995,000 after buying an additional 1,632,014 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on APH shares. Truist Financial boosted their price target on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Robert W. Baird boosted their price objective on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research note on Thursday, January 23rd. Bank of America raised their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Citigroup upped their price objective on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Finally, The Goldman Sachs Group lifted their price objective on shares of Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.68.

Amphenol Stock Performance

NYSE APH opened at $67.54 on Thursday. Amphenol Co. has a fifty-two week low of $54.72 and a fifty-two week high of $79.39. The stock has a market cap of $81.84 billion, a PE ratio of 35.27, a PEG ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37. The firm’s fifty day moving average price is $67.95 and its two-hundred day moving average price is $68.69.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.05. The company had revenue of $4.32 billion during 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 firm’s revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 earnings per share. On average, equities analysts expect that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.98%. The ex-dividend date is Tuesday, March 18th. Amphenol’s 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.