Amphenol Corp. (APH) Announces Quarterly Dividend of $0.20
Amphenol Corp. (NYSE:APH) announced a quarterly dividend on Thursday, October 24th, AnalystRatingsNetwork.com reports. Stockholders of record on Wednesday, December 11th will be paid a dividend of $0.20 per share on Thursday, January 2nd. This represents a $0.80 annualized dividend and a dividend yield of 0.98%.
APH has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Amphenol Corp. in a research note to investors on Tuesday. They now have a $86.00 price target on the stock. On the ratings front, analysts at UBS AG raised their price target on shares of Amphenol Corp. from $76.00 to $80.00 in a research note to investors on Friday, October 18th. They now have a “neutral” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Amphenol Corp. from $75.00 to $80.00 in a research note to investors on Friday, October 18th. They now have a “hold” rating on the stock. Seven equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $82.80.
Shares of Amphenol Corp. (NYSE:APH) opened at 81.56 on Thursday. Amphenol Corp. has a one year low of $57.42 and a one year high of $85.66. The stock has a 50-day moving average of $76.96 and a 200-day moving average of $76.53. The company has a market cap of $12.941 billion and a P/E ratio of 21.81.
Amphenol Corp. (NYSE:APH) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.97 by $0.01. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the company posted $0.90 earnings per share. The company’s quarterly revenue was up 4.5% on a year-over-year basis. On average, analysts predict that Amphenol Corp. will post $3.79 earnings per share for the current fiscal year.
In other Amphenol Corp. news, SVP Richard Schneider unloaded 31,844 shares of Amphenol Corp. stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $82.29, for a total transaction of $2,620,442.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Amphenol Corporation (NYSE:APH) is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems and coaxial and high-speed specialty cable.
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