Advisory Services Network LLC Purchases 26,292 Shares of Amphenol Corporation $APH

Advisory Services Network LLC increased its position in Amphenol Corporation (NYSE:APH) by 57.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 72,369 shares of the electronics maker’s stock after buying an additional 26,292 shares during the period. Advisory Services Network LLC’s holdings in Amphenol were worth $7,708,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of APH. Opal Wealth Advisors LLC purchased a new stake in Amphenol during the 2nd quarter valued at approximately $25,000. Riggs Asset Managment Co. Inc. increased its holdings in shares of Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares during the last quarter. Howard Hughes Medical Institute bought a new position in shares of Amphenol in the 2nd quarter valued at about $26,000. Saudi Central Bank bought a new stake in Amphenol during the first quarter worth approximately $31,000. Finally, Ransom Advisory Ltd purchased a new stake in Amphenol during the first quarter valued at approximately $33,000. 97.01% of the stock is owned by institutional investors.

Amphenol Price Performance

Shares of APH stock opened at $129.15 on Monday. The stock’s 50-day moving average is $134.44 and its 200 day moving average is $116.04. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The company has a market cap of $158.09 billion, a P/E ratio of 43.05, a PEG ratio of 1.02 and a beta of 1.19.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 earnings per share. 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 predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently declared 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 a boost from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s dividend payout ratio is 22.00%.

Insider Activity

In other Amphenol news, CFO Craig A. Lampo sold 258,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the transaction, the chief financial officer owned 167,695 shares in the company, valued at approximately $24,013,924. This represents a 60.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Luc Walter sold 365,118 shares of the firm’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 transaction, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. This represents a 45.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on APH. Truist Financial increased their price target on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Barclays increased their price target on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Evercore ISI upped their price target on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. JPMorgan Chase & Co. raised their target price 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. Finally, Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

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.