Mizuho Securities USA LLC Acquires 36,173 Shares of Amphenol Co. (NYSE:APH)

Mizuho Securities USA LLC grew its holdings in Amphenol Co. (NYSE:APH) by 46.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 114,265 shares of the electronics maker’s stock after purchasing an additional 36,173 shares during the quarter. Mizuho Securities USA LLC’s holdings in Amphenol were worth $7,936,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Tacita Capital Inc raised its holdings in shares of Amphenol by 328.9% in the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 296 shares in the last quarter. Sierra Ocean LLC bought a new position in shares of Amphenol during the 4th quarter worth approximately $28,000. Rialto Wealth Management LLC bought a new position in shares of Amphenol during the 4th quarter worth approximately $28,000. Rakuten Securities Inc. raised its stake in shares of Amphenol by 703.8% during the 4th quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker’s stock worth $29,000 after acquiring an additional 366 shares in the last quarter. Finally, Hanson & Doremus Investment Management bought a new position in shares of Amphenol during the 4th quarter worth approximately $32,000. Institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Citigroup boosted their price objective on shares of Amphenol from $81.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. 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. The Goldman Sachs Group boosted their target price 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. Truist Financial boosted their target price on shares of Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $80.68.

Amphenol Stock Up 0.6 %

APH stock opened at $66.78 on Friday. The firm’s fifty day simple moving average is $68.01 and its 200-day simple moving average is $68.52. The company has a market capitalization of $80.88 billion, a P/E ratio of 34.87, a price-to-earnings-growth ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.37 and a quick ratio of 1.75. Amphenol Co. has a 12 month low of $54.72 and a 12 month high of $79.39.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, beating the consensus estimate of $0.50 by $0.05. The business had revenue of $4.32 billion for the quarter, compared to the consensus estimate of $4.05 billion. Amphenol had a net margin of 15.92% and a return on equity of 25.67%. The business’s revenue for the quarter was up 29.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 EPS. As a group, equities research analysts forecast that Amphenol Co. will post 2.36 earnings per share for the current 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 issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Tuesday, March 18th. Amphenol’s dividend payout ratio (DPR) 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.