Brown Financial Advisors Takes $1.07 Million Position in Amphenol Co. (NYSE:APH)

Brown Financial Advisors bought a new stake in Amphenol Co. (NYSE:APH - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 15,396 shares of the electronics maker's stock, valued at approximately $1,069,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc grew its holdings in Amphenol by 47.3% during the 4th quarter. IFP Advisors Inc now owns 3,891 shares of the electronics maker's stock worth $270,000 after acquiring an additional 1,249 shares in the last quarter. Capital Advisors Ltd. LLC grew its stake in shares of Amphenol by 34.6% during the fourth quarter. Capital Advisors Ltd. LLC now owns 763 shares of the electronics maker's stock worth $53,000 after purchasing an additional 196 shares in the last quarter. Colonial River Investments LLC increased its holdings in Amphenol by 13.3% in the fourth quarter. Colonial River Investments LLC now owns 5,313 shares of the electronics maker's stock valued at $369,000 after buying an additional 625 shares during the last quarter. Y Intercept Hong Kong Ltd raised its stake in Amphenol by 529.3% in the fourth quarter. Y Intercept Hong Kong Ltd now owns 31,369 shares of the electronics maker's stock valued at $2,179,000 after buying an additional 26,384 shares in the last quarter. Finally, Cabot Wealth Management Inc. lifted its holdings in Amphenol by 6.9% during the 4th quarter. Cabot Wealth Management Inc. now owns 132,615 shares of the electronics maker's stock worth $9,210,000 after buying an additional 8,504 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of recent analyst reports. Truist Financial increased their price objective on Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Citigroup raised their price objective 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 shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a report on Thursday, January 23rd. Bank of America increased their target price on shares of Amphenol from $75.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, January 23rd. Finally, 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 research report on Thursday, January 23rd. Five equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus target price of $80.68.

Amphenol Stock Performance

Shares of APH traded up $1.11 during mid-day trading on Friday, hitting $66.57. 10,480,849 shares of the company's stock were exchanged, compared to its average volume of 7,859,414. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. Amphenol Co. has a fifty-two week low of $54.24 and a fifty-two week high of $79.39. The business's 50 day moving average is $70.21 and its two-hundred day moving average is $68.75. The firm has a market capitalization of $80.62 billion, a P/E ratio of 34.76, a P/E/G ratio of 1.92 and a beta of 1.23.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.05. The company had revenue of $4.32 billion during the quarter, compared to analysts' expectations of $4.05 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm's revenue for the quarter was up 29.8% on a year-over-year basis. During the same period last year, the firm earned $0.82 EPS. On average, equities analysts expect that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.99%. The ex-dividend date is Tuesday, March 18th. Amphenol's payout ratio is 34.55%.

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.