American Century Companies Inc. Has $10.16 Million Stock Holdings in Amphenol Co. (NYSE:APH)

American Century Companies Inc. reduced its holdings in shares of Amphenol Co. (NYSE:APH) by 21.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 146,284 shares of the electronics maker’s stock after selling 39,211 shares during the period. American Century Companies Inc.’s holdings in Amphenol were worth $10,159,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in APH. Princeton Global Asset Management LLC lifted its holdings in shares of Amphenol by 0.6% during the fourth quarter. Princeton Global Asset Management LLC now owns 23,532 shares of the electronics maker’s stock valued at $1,634,000 after acquiring an additional 136 shares during the period. WASHINGTON TRUST Co grew its holdings in shares of Amphenol by 23.0% in the 4th quarter. WASHINGTON TRUST Co now owns 787 shares of the electronics maker’s stock worth $55,000 after purchasing an additional 147 shares during the last quarter. Fragasso Financial Advisors Inc lifted its holdings in Amphenol by 4.7% during the 4th quarter. Fragasso Financial Advisors Inc now owns 3,824 shares of the electronics maker’s stock valued at $266,000 after purchasing an additional 171 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in Amphenol by 3.3% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 5,483 shares of the electronics maker’s stock valued at $381,000 after purchasing an additional 173 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC boosted its position in Amphenol by 3.5% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 5,219 shares of the electronics maker’s stock valued at $363,000 after buying an additional 177 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

Amphenol stock opened at $67.96 on Thursday. Amphenol Co. has a 1 year low of $54.72 and a 1 year high of $79.39. The company’s 50-day moving average is $67.45 and its two-hundred day moving average is $68.85. 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 company has a market cap of $82.35 billion, a PE ratio of 35.49, a PEG ratio of 1.92 and a beta of 1.17.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, beating 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 analyst estimates of $4.05 billion. During the same period in the prior year, the business posted $0.82 earnings per share. Amphenol’s revenue was up 29.8% compared to the same quarter last year. Equities analysts anticipate that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.97%. Amphenol’s dividend payout ratio (DPR) is presently 34.55%.

Analysts Set New Price Targets

Several analysts have recently weighed in on APH shares. Bank of America raised their price objective on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. Citigroup lifted their price objective on Amphenol from $81.00 to $82.00 and gave the company a “buy” rating in a research report on Friday, January 17th. JPMorgan Chase & Co. boosted their price objective on Amphenol from $85.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Truist Financial increased their target price on Amphenol from $90.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, January 23rd. Finally, Robert W. Baird upped their price target on shares of Amphenol from $85.00 to $89.00 and gave the stock an “outperform” rating in a research report on Thursday, January 23rd. Five investment 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 company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price 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.