Oppenheimer & Co. Inc. Has $3.77 Million Holdings in Amphenol Co. (NYSE:APH)

Oppenheimer & Co. Inc. boosted its holdings in Amphenol Co. (NYSE:APH) by 0.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,305 shares of the electronics maker’s stock after purchasing an additional 245 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Amphenol were worth $3,771,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of APH. Sierra Ocean LLC acquired a new stake in shares of Amphenol during the 4th quarter worth $28,000. Brown Brothers Harriman & Co. raised its stake in 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 purchasing an additional 166 shares in the last quarter. Continuum Advisory LLC lifted its position 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 purchasing an additional 234 shares during the period. Hanson & Doremus Investment Management acquired a new stake in Amphenol during the fourth quarter worth about $32,000. Finally, Endeavor Private Wealth Inc. bought a new position in Amphenol in the 4th quarter valued at about $49,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

Shares of APH stock opened at $66.57 on Friday. The firm has a market capitalization of $80.62 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 1.92 and a beta of 1.23. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. The business’s 50-day moving average price is $70.13 and its 200-day moving average price is $68.80. Amphenol Co. has a 12 month low of $54.24 and a 12 month high of $79.39.

Amphenol (NYSE:APH) last posted its 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. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.05 billion. During the same period last year, the company earned $0.82 EPS. The firm’s revenue was up 29.8% compared to the same quarter last year. Equities research analysts forecast that Amphenol Co. will post 2.36 EPS for the current 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 given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio is currently 34.55%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on APH shares. Citigroup upped their price target on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Robert W. Baird upped their target price on 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 lifted their price target on Amphenol from $75.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. upped their price objective on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Finally, 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. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Amphenol has an average rating of “Moderate Buy” and an average target price of $80.68.

About Amphenol

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.