BLI Banque de Luxembourg Investments Buys New Shares in Amphenol Corporation $APH

BLI Banque de Luxembourg Investments purchased a new position in Amphenol Corporation (NYSE:APH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 32,200 shares of the electronics maker’s stock, valued at approximately $3,144,000.

A number of other institutional investors and hedge funds also recently modified their holdings of APH. Norges Bank acquired a new stake in shares of Amphenol during the second quarter worth $2,104,244,000. T. Rowe Price Investment Management Inc. boosted its position in shares of Amphenol by 196.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock valued at $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Amphenol by 639.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker’s stock worth $574,500,000 after purchasing an additional 7,573,750 shares in the last quarter. Nuveen LLC purchased a new stake in Amphenol during the first quarter valued at about $476,842,000. Finally, Wellington Management Group LLP lifted its stake in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock valued at $798,163,000 after buying an additional 5,154,860 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling

In other Amphenol news, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total value of $16,940,400.00. Following the completion of the sale, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the firm’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the transaction, the chief financial officer owned 39,884 shares in the company, valued at $5,723,354. This represents a 50.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 983,194 shares of company stock valued at $136,884,445. 1.67% of the stock is owned by company insiders.

Amphenol Price Performance

APH opened at $140.47 on Monday. The stock has a fifty day moving average price of $131.42 and a 200 day moving average price of $112.37. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $144.37. The stock has a market cap of $171.94 billion, a price-to-earnings ratio of 46.82, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.14. The company 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 business’s revenue was up 53.4% compared to the same quarter last year. During the same period in the prior 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. Analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, December 16th. This is a boost from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s payout ratio is 33.33%.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of recent analyst reports. Citigroup boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Evercore ISI increased their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. JPMorgan Chase & Co. raised their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Finally, The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $131.54.

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.