Amphenol Co. (NYSE:APH) has earned an average rating of “Hold” from the twelve brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $62.30.
APH has been the topic of several recent research reports. Zacks Investment Research lowered shares of Amphenol from a “buy” rating to a “hold” rating and set a $66.50 price target on the stock. in a research report on Friday, January 29th. Morgan Stanley lifted their price target on shares of Amphenol from $65.50 to $66.00 and gave the stock an “equal weight” rating in a research report on Monday, March 15th. Finally, JPMorgan Chase & Co. began coverage on shares of Amphenol in a research report on Tuesday, December 29th. They set a “neutral” rating and a $69.00 price objective on the stock.
Several large investors have recently modified their holdings of the business. Chesley Taft & Associates LLC boosted its stake in shares of Amphenol by 96.9% during the 1st quarter. Chesley Taft & Associates LLC now owns 128,065 shares of the electronics maker’s stock valued at $8,813,000 after buying an additional 63,035 shares during the period. Carroll Financial Associates Inc. lifted its stake in shares of Amphenol by 100.0% in the 1st quarter. Carroll Financial Associates Inc. now owns 920 shares of the electronics maker’s stock valued at $60,000 after purchasing an additional 460 shares during the last quarter. Private Trust Co. NA lifted its stake in shares of Amphenol by 74.7% in the 1st quarter. Private Trust Co. NA now owns 14,101 shares of the electronics maker’s stock valued at $930,000 after purchasing an additional 6,031 shares during the last quarter. Everence Capital Management Inc. acquired a new stake in shares of Amphenol in the 1st quarter valued at $519,000. Finally, Pacer Advisors Inc. lifted its stake in shares of Amphenol by 82.2% in the 1st quarter. Pacer Advisors Inc. now owns 37,212 shares of the electronics maker’s stock valued at $2,455,000 after purchasing an additional 16,789 shares during the last quarter. 92.82% of the stock is owned by institutional investors.
Amphenol (NYSE:APH) last posted its quarterly earnings results on Tuesday, January 26th. The electronics maker reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.05. The business had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.22 billion. Amphenol had a return on equity of 23.23% and a net margin of 14.00%. The company’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same period last year, the firm earned $0.49 earnings per share. Sell-side analysts anticipate that Amphenol will post 3.62 EPS for the current fiscal year.
The business also recently announced a dividend, which was paid on Thursday, March 4th. Shareholders of record on Monday, March 8th were paid a dividend of $0.58 per share. This represents a dividend yield of 1.81%. The ex-dividend date was Friday, March 5th. Amphenol’s dividend payout ratio (DPR) is currently 15.51%.
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 in two segments, Interconnect Products and Assemblies, and Cable Products and Solutions. The Interconnect Products and Assemblies segment offers connector and connector systems, including fiber optic, harsh environment, high-speed, and radio frequency interconnect products, as well as antennas; power interconnect products, busbars, and distribution systems; and other connectors.
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