Brown Advisory Inc. Has $25.25 Million Stock Holdings in Amphenol Co. (NYSE:APH)

Brown Advisory Inc. boosted its holdings in Amphenol Co. (NYSE:APH - Free Report) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 363,518 shares of the electronics maker's stock after purchasing an additional 8,672 shares during the quarter. Brown Advisory Inc.'s holdings in Amphenol were worth $25,246,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Blue Trust Inc. grew its position in shares of Amphenol by 208.8% in the 4th quarter. Blue Trust Inc. now owns 27,095 shares of the electronics maker's stock valued at $1,765,000 after buying an additional 18,322 shares during the last quarter. Spire Wealth Management increased its position in shares of Amphenol by 34.1% during the fourth quarter. Spire Wealth Management now owns 98,432 shares of the electronics maker's stock worth $6,836,000 after purchasing an additional 25,007 shares in the last quarter. Consolidated Planning Corp lifted its holdings in shares of Amphenol by 37.0% in the 4th quarter. Consolidated Planning Corp now owns 17,160 shares of the electronics maker's stock valued at $1,192,000 after purchasing an additional 4,631 shares during the last quarter. Pines Wealth Management LLC acquired a new stake in shares of Amphenol in the 4th quarter valued at about $553,000. Finally, Kanawha Capital Management LLC increased its position in Amphenol by 4.5% during the fourth quarter. Kanawha Capital Management LLC now owns 151,867 shares of the electronics maker's stock worth $10,547,000 after buying an additional 6,481 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP David M. Silverman sold 87,500 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $80.03, for a total value of $7,002,625.00. Following the completion of the sale, the vice president now owns 12,500 shares in the company, valued at approximately $1,000,375. This represents a 87.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William J. Doherty sold 126,000 shares of Amphenol stock in a transaction that occurred on Friday, May 2nd. The stock was sold at an average price of $80.28, for a total transaction of $10,115,280.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,178,500 shares of company stock worth $241,903,805. Insiders own 1.67% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on APH. Truist Financial lifted their target price on shares of Amphenol from $90.00 to $102.00 and gave the company a "buy" rating in a report on Thursday, January 23rd. Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 target price for the company in a report on Thursday, April 24th. TD Securities increased their target price on shares of Amphenol from $63.00 to $70.00 and gave the stock a "hold" rating in a research note on Thursday, May 1st. US Capital Advisors set a $85.00 price target on Amphenol in a research report on Thursday, April 24th. Finally, Robert W. Baird increased their price objective on Amphenol from $73.00 to $85.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus price target of $81.62.

Amphenol Stock Performance

Shares of Amphenol stock traded up $0.20 during trading on Friday, hitting $80.78. 6,917,887 shares of the stock were exchanged, compared to its average volume of 7,497,185. The stock has a market cap of $97.71 billion, a PE ratio of 42.18, a P/E/G ratio of 1.92 and a beta of 1.10. The stock's fifty day moving average is $67.74 and its 200 day moving average is $69.73. Amphenol Co. has a 12 month low of $54.77 and a 12 month high of $81.82. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.75 and a current ratio of 2.37.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.11. The company had revenue of $4.81 billion during the quarter, compared to analyst estimates of $4.20 billion. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm's quarterly revenue was up 47.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 EPS. As a group, sell-side analysts anticipate that Amphenol Co. will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Tuesday, June 17th will be given a $0.165 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.66 annualized dividend and a yield of 0.82%. Amphenol's dividend payout ratio (DPR) is 32.04%.

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.