Y Intercept Hong Kong Ltd Has $2.18 Million Holdings in Amphenol Co. (NYSE:APH)

Y Intercept Hong Kong Ltd boosted its stake in shares of Amphenol Co. (NYSE:APH) by 529.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,369 shares of the electronics maker’s stock after purchasing an additional 26,384 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Amphenol were worth $2,179,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Sierra Ocean LLC bought a new stake in Amphenol in the 4th quarter valued at $28,000. Brown Brothers Harriman & Co. increased its holdings in Amphenol by 50.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock valued at $32,000 after buying an additional 166 shares during the period. Continuum Advisory LLC increased its holdings in Amphenol by 89.3% in the 3rd quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after buying an additional 234 shares during the period. Hanson & Doremus Investment Management bought a new stake in Amphenol in the 4th quarter valued at $32,000. Finally, Endeavor Private Wealth Inc. bought a new stake in Amphenol in the 4th quarter valued at $49,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Down 0.7 %

Shares of NYSE:APH opened at $67.14 on Tuesday. Amphenol Co. has a 12 month low of $53.67 and a 12 month high of $79.39. The company’s 50-day moving average price is $70.57 and its two-hundred day moving average price is $68.77. 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 firm has a market cap of $81.31 billion, a P/E ratio of 35.06, a P/E/G ratio of 1.92 and a beta of 1.23.

Amphenol (NYSE:APH) last issued 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. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The firm had revenue of $4.32 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same quarter in the prior year, the firm earned $0.82 EPS. The company’s revenue was up 29.8% on a year-over-year basis. As a group, research analysts forecast that Amphenol Co. will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s dividend payout ratio is currently 34.46%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. The Goldman Sachs Group boosted their price target on shares of Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Robert W. Baird boosted their price target on shares of Amphenol from $85.00 to $89.00 and gave the company an “outperform” rating in a report on Thursday, January 23rd. Truist Financial upped their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. upped their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, January 23rd. Finally, Bank of America upped their target price on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. 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. Based on data from MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and a consensus target price of $80.68.

Amphenol 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.