Amphenol Corporation $APH Holdings Lowered by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 22.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,016 shares of the electronics maker’s stock after selling 588 shares during the period. Cullen Frost Bankers Inc.’s holdings in Amphenol were worth $199,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of APH. Brighton Jones LLC raised its position in Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after buying an additional 9,390 shares during the period. Revolve Wealth Partners LLC raised its position in Amphenol by 87.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after buying an additional 4,721 shares during the period. Bison Wealth LLC raised its position in Amphenol by 8.3% during the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after buying an additional 618 shares during the period. GAMMA Investing LLC raised its position in Amphenol by 10.9% during the first quarter. GAMMA Investing LLC now owns 39,430 shares of the electronics maker’s stock valued at $2,586,000 after buying an additional 3,860 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its position in Amphenol by 46.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker’s stock valued at $4,589,000 after buying an additional 22,293 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Performance

Shares of NYSE APH opened at $133.80 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.46 and a current ratio of 2.07. The firm has a market cap of $163.35 billion, a price-to-earnings ratio of 44.60, a P/E/G ratio of 1.61 and a beta of 1.17. The business’s 50-day simple moving average is $119.39 and its 200-day simple moving average is $100.73. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $137.65.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The company’s revenue was up 53.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. As a group, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be issued a $0.25 dividend. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s payout ratio is 22.00%.

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the completion of the sale, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company’s stock.

Wall Street Analyst Weigh In

APH has been the topic of several recent analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research report on Friday. Robert W. Baird set a $139.00 target price on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. The Goldman Sachs Group set a $154.00 target price on Amphenol and gave the stock a “buy” rating in a research report on Thursday. JPMorgan Chase & Co. upped their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Wall Street Zen raised Amphenol from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Amphenol has an average rating of “Moderate Buy” and a consensus price target of $129.77.

Amphenol Company Profile

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.