Bryn Mawr Capital Management LLC Acquires 110,054 Shares of Amphenol Co. (NYSE:APH)

Bryn Mawr Capital Management LLC grew its stake in Amphenol Co. (NYSE:APH - Free Report) by 960.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 121,515 shares of the electronics maker's stock after buying an additional 110,054 shares during the period. Bryn Mawr Capital Management LLC's holdings in Amphenol were worth $8,439,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sierra Ocean LLC purchased a new stake in shares of Amphenol in the 4th quarter valued at $28,000. Brown Brothers Harriman & Co. boosted its stake in shares of 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 purchasing an additional 166 shares in the last quarter. Continuum Advisory LLC boosted its stake in shares of 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 purchasing an additional 234 shares in the last quarter. Hanson & Doremus Investment Management purchased a new stake in shares of Amphenol in the 4th quarter valued at $32,000. Finally, Endeavor Private Wealth Inc. purchased a new stake in shares of Amphenol in the 4th quarter valued at $49,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Trading Down 2.6 %

NYSE APH traded down $1.80 during trading on Friday, hitting $67.58. The company had a trading volume of 8,015,000 shares, compared to its average volume of 7,469,862. 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 one year low of $52.89 and a one year high of $79.39. The company has a market cap of $81.84 billion, a price-to-earnings ratio of 35.29, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23. The company's fifty day moving average is $70.73 and its 200-day moving average is $68.68.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $0.55 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $4.05 billion. During the same period in the prior year, the business earned $0.82 EPS. The company's revenue for the quarter was up 29.8% on a year-over-year basis. On average, sell-side analysts predict that Amphenol Co. will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Tuesday, March 18th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, March 18th. This represents a $0.66 annualized dividend and a dividend yield of 0.98%. Amphenol's payout ratio is 34.46%.

Analyst Upgrades and Downgrades

APH has been the subject of a number of research reports. Robert W. Baird upped their price objective on shares of Amphenol from $85.00 to $89.00 and gave the company an "outperform" rating in a research note on Thursday, January 23rd. Citigroup upped their price target on shares of Amphenol from $81.00 to $82.00 and gave the company a "buy" rating in a report on Friday, January 17th. The Goldman Sachs Group upped 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. Truist Financial upped their price target on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. upped their price target on shares of Amphenol from $85.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, January 23rd. Five research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and a consensus price target of $80.68.

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.