Addenda Capital Inc. Has $34.92 Million Stock Position in Amphenol Corporation $APH

Addenda Capital Inc. grew its stake in shares of Amphenol Corporation (NYSE:APH) by 40.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 281,885 shares of the electronics maker’s stock after purchasing an additional 81,661 shares during the quarter. Amphenol comprises about 1.3% of Addenda Capital Inc.’s portfolio, making the stock its 23rd biggest holding. Addenda Capital Inc.’s holdings in Amphenol were worth $34,923,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Brighton Jones LLC grew its position in shares of Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after purchasing an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after buying an additional 4,721 shares in the last quarter. Bison Wealth LLC increased its position in Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares during the period. Versor Investments LP acquired a new stake in shares of Amphenol during the first quarter worth $308,000. Finally, Aptus Capital Advisors LLC boosted its position in shares of Amphenol by 14.2% in the first quarter. Aptus Capital Advisors LLC now owns 19,306 shares of the electronics maker’s stock valued at $1,266,000 after acquiring an additional 2,401 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Citigroup lifted their price target on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research 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 research report on Thursday, November 13th. JPMorgan Chase & Co. lifted their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Finally, Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and increased their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Stock Performance

Shares of APH stock opened at $129.57 on Friday. The firm has a market capitalization of $158.60 billion, a price-to-earnings ratio of 43.19, a PEG ratio of 0.99 and a beta of 1.19. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The business’s 50-day moving average price is $134.75 and its 200-day moving average price is $116.76. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37.

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

Amphenol Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is currently 33.33%.

Insider Activity

In other Amphenol news, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction that occurred on Monday, November 3rd. The stock was 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 in the company, valued at approximately $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the transaction, the chief financial officer directly owned 39,884 shares in the company, valued at $5,723,354. This trade represents a 50.12% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is owned by 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.