Brown Financial Advisors Purchases Shares of 15,396 Amphenol Co. (NYSE:APH)

Brown Financial Advisors purchased a new position in shares of Amphenol Co. (NYSE:APH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,396 shares of the electronics maker’s stock, valued at approximately $1,069,000.

Several other hedge funds have also recently modified their holdings of APH. Sierra Ocean LLC purchased a new stake in Amphenol during the 4th quarter worth approximately $28,000. Brown Brothers Harriman & Co. lifted its stake in shares of Amphenol by 50.0% during the third quarter. Brown Brothers Harriman & Co. now owns 498 shares of the electronics maker’s stock worth $32,000 after buying an additional 166 shares during the period. Continuum Advisory LLC grew its holdings in shares of Amphenol by 89.3% during the third quarter. Continuum Advisory LLC now owns 496 shares of the electronics maker’s stock valued at $32,000 after buying an additional 234 shares during the last quarter. Hanson & Doremus Investment Management acquired a new position in shares of Amphenol in the 4th quarter valued at $32,000. Finally, Endeavor Private Wealth Inc. purchased a new position in Amphenol in the 4th quarter worth $49,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of NYSE:APH opened at $67.14 on Tuesday. The company has a market cap of $81.31 billion, a P/E ratio of 35.06, a P/E/G ratio of 1.92 and a beta of 1.23. The business has a fifty day simple moving average of $70.57 and a 200-day simple moving average of $68.77. Amphenol Co. has a 52 week low of $53.67 and a 52 week high of $79.39. The company has a quick ratio of 1.75, a current ratio of 2.37 and a debt-to-equity ratio of 0.66.

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

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Tuesday, March 18th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend is Tuesday, March 18th. Amphenol’s payout ratio is 34.46%.

Analysts Set New Price Targets

Several analysts have weighed in on APH shares. Truist Financial boosted their price target on Amphenol from $90.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, January 23rd. Bank of America increased their price target on shares of Amphenol from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. raised their price target 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. 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 report on Thursday, January 23rd. Finally, The Goldman Sachs Group lifted their price objective on Amphenol from $79.00 to $89.00 and gave the company a “buy” rating in a research note 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 given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price 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.