Advyzon Investment Management LLC increased its stake in Amphenol Corporation (NYSE:APH – Free Report) by 101.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,054 shares of the electronics maker’s stock after buying an additional 3,051 shares during the period. Advyzon Investment Management LLC’s holdings in Amphenol were worth $598,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after purchasing an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC raised its stake 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 in the last quarter. Bison Wealth LLC lifted its holdings in Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares during the last quarter. Allworth Financial LP grew its position in shares of Amphenol by 13.4% in the 1st quarter. Allworth Financial LP now owns 9,155 shares of the electronics maker’s stock worth $600,000 after acquiring an additional 1,084 shares in the last quarter. Finally, CWM LLC increased its holdings in shares of Amphenol by 122.0% in the 1st quarter. CWM LLC now owns 103,964 shares of the electronics maker’s stock valued at $6,819,000 after acquiring an additional 57,133 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 price objective on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Evercore ISI raised their target price on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Finally, Barclays started coverage on Amphenol in a research note on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 target price for the company. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.77.
Amphenol Stock Down 0.3%
Shares of Amphenol stock opened at $143.49 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37. The business’s fifty day moving average price is $126.51 and its two-hundred day moving average price is $107.30. The company has a market capitalization of $175.64 billion, a P/E ratio of 47.83, a PEG ratio of 1.58 and a beta of 1.20.
Amphenol (NYSE:APH – Get Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The company had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period last year, the company earned $0.50 earnings per share. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. 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, research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.
Amphenol Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is currently 33.33%.
Insiders Place Their Bets
In other news, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the transaction, the vice president directly owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,125,042 shares of company stock valued at $142,789,956. 1.67% of the stock is currently owned by insiders.
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.
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