YANKCOM Partnership Takes Position in Amphenol Co. (NYSE:APH)

YANKCOM Partnership purchased a new stake in shares of Amphenol Co. (NYSE:APH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,745 shares of the electronics maker’s stock, valued at approximately $121,000.

Other hedge funds have also modified their holdings of the company. Trifecta Capital Advisors LLC grew its holdings in shares of Amphenol by 352.1% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 434 shares of the electronics maker’s stock worth $28,000 after acquiring an additional 338 shares during the last quarter. Brown Brothers Harriman & Co. grew its holdings 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 worth $32,000 after acquiring an additional 166 shares during the last quarter. Continuum Advisory LLC grew its holdings in shares of Amphenol by 89.3% in the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock worth $32,000 after acquiring an additional 234 shares during the last quarter. Hanson & Doremus Investment Management acquired a new position in shares of Amphenol in the 4th quarter worth $32,000. Finally, Endeavor Private Wealth Inc. acquired a new position in shares of Amphenol in the 4th quarter worth $49,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Price Performance

Shares of NYSE:APH opened at $69.97 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. The business has a 50-day moving average of $71.69 and a two-hundred day moving average of $68.09. The stock has a market capitalization of $84.36 billion, a P/E ratio of 36.54, a P/E/G ratio of 2.17 and a beta of 1.23. Amphenol Co. has a fifty-two week low of $51.13 and a fifty-two week high of $79.39.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The business had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.82 earnings per share. On average, equities research analysts predict that Amphenol Co. will post 2.26 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, March 18th. This represents a $0.66 annualized dividend and a yield of 0.94%. Amphenol’s dividend payout ratio is 34.55%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on APH shares. The Goldman Sachs Group lifted their target price on Amphenol from $79.00 to $89.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Truist Financial raised 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. Bank of America raised their target price on Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, January 23rd. Evercore ISI raised their target price on Amphenol from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, Citigroup raised their target price on Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research report on Friday, January 17th. Five research 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target 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.