Goodman Advisory Group LLC Takes Position in Amphenol Corporation $APH

Goodman Advisory Group LLC acquired a new position in Amphenol Corporation (NYSE:APH) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 30,623 shares of the electronics maker’s stock, valued at approximately $3,024,000. Amphenol accounts for 1.0% of Goodman Advisory Group LLC’s investment portfolio, making the stock its 29th largest position.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC lifted 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 purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC grew its holdings 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 purchasing an additional 618 shares during the period. Vestmark Advisory Solutions Inc. increased its position in Amphenol by 187.6% in the first quarter. Vestmark Advisory Solutions Inc. now owns 18,686 shares of the electronics maker’s stock worth $1,226,000 after buying an additional 12,189 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of Amphenol by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 3,697,489 shares of the electronics maker’s stock worth $242,509,000 after buying an additional 72,280 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Performance

APH opened at $129.15 on Friday. 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 $158.09 billion, a price-to-earnings ratio of 43.05, a PEG ratio of 1.02 and a beta of 1.19. The company has a fifty day moving average of $134.44 and a 200 day moving average of $115.84. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the prior year, the firm earned $0.50 EPS. The business’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. As a group, sell-side analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company also recently disclosed 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. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is presently 22.00%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on APH. Barclays increased their target price on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Evercore ISI lifted their target price on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and increased their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. Finally, JPMorgan Chase & Co. raised their price target on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and a consensus price target of $131.54.

Insider Buying and Selling at Amphenol

In other news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the transaction, the vice president directly owned 76,400 shares in the company, valued at approximately $10,696,764. This represents a 61.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the completion of the sale, the insider owned 433,742 shares in the company, valued at $58,403,360.30. This represents a 45.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,063,194 shares of company stock worth $148,244,445. Company insiders own 1.67% of the company’s stock.

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.