Amphenol Corporation $APH is Brant Point Investment Management LLC’s 2nd Largest Position

Brant Point Investment Management LLC reduced its holdings in shares of Amphenol Corporation (NYSE:APH) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 174,884 shares of the electronics maker’s stock after selling 4,406 shares during the quarter. Amphenol makes up about 1.8% of Brant Point Investment Management LLC’s holdings, making the stock its 2nd largest position. Brant Point Investment Management LLC’s holdings in Amphenol were worth $17,270,000 at the end of the most recent quarter.

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

Wall Street Analyst Weigh In

Several equities analysts recently commented on APH shares. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Barclays upped their price objective on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Stock Performance

Shares of APH opened at $139.45 on Monday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37. The stock’s 50-day simple moving average is $133.04 and its 200 day simple moving average is $114.26. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a market capitalization of $170.70 billion, a price-to-earnings ratio of 46.48, a price-to-earnings-growth ratio of 1.10 and a beta of 1.19.

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

Amphenol Increases Dividend

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

Insider Activity

In other news, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the sale, the vice president owned 76,400 shares in the company, valued at $10,696,764. This trade represents a 61.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,063,194 shares of company stock worth $148,244,445. Company insiders own 1.67% of the company’s stock.

Amphenol 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.