B. Riley Wealth Advisors Inc. Acquires Shares of 8,892 Amphenol Corporation $APH

B. Riley Wealth Advisors Inc. bought a new position in shares of Amphenol Corporation (NYSE:APH) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 8,892 shares of the electronics maker’s stock, valued at approximately $878,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bell Investment Advisors Inc increased its stake in Amphenol by 19.2% in the 2nd quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker’s stock valued at $58,000 after buying an additional 95 shares during the last quarter. CENTRAL TRUST Co raised its position in Amphenol by 9.4% in the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock worth $113,000 after acquiring an additional 98 shares during the period. Tranquility Partners LLC boosted its stake in Amphenol by 0.8% in the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after acquiring an additional 107 shares during the last quarter. EWA LLC grew its position in shares of Amphenol by 2.3% during the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock valued at $514,000 after acquiring an additional 115 shares during the period. Finally, Coign Capital Advisors LLC grew its holdings in Amphenol by 1.1% during the second quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker’s stock valued at $1,043,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Trading Up 0.6%

APH stock opened at $130.05 on Tuesday. The firm has a market cap of $159.19 billion, a PE ratio of 43.35, a price-to-earnings-growth ratio of 1.02 and a beta of 1.19. The firm has a fifty day moving average price of $134.58 and a 200 day moving average price of $116.33. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (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 return on equity of 33.46% and a net margin of 18.22%.The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a $0.25 dividend. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is 22.00%.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of recent research reports. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Truist Financial boosted their target price on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, Robert W. Baird set a $139.00 price target on Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $131.54.

Insider Transactions at Amphenol

In other news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Luc Walter sold 365,118 shares of the stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the transaction, the insider directly owned 433,742 shares in the company, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by company 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.