Bath Savings Trust Co Increases Stock Position in Amphenol Corporation $APH

Bath Savings Trust Co boosted its stake in Amphenol Corporation (NYSE:APH) by 58.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,803 shares of the electronics maker’s stock after purchasing an additional 20,500 shares during the period. Bath Savings Trust Co’s holdings in Amphenol were worth $6,906,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol during the 2nd quarter valued at $25,000. Riggs Asset Managment Co. Inc. grew its position in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in shares of Amphenol during the second quarter valued at approximately $26,000. Saudi Central Bank bought a new stake in Amphenol in the 1st quarter valued at $31,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Amphenol in the second quarter worth about $31,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Up 2.4%

NYSE APH opened at $129.57 on Friday. The stock has a market cap of $158.60 billion, a P/E ratio of 43.19, a P/E/G 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 company has a fifty day simple moving average of $134.75 and a two-hundred day simple moving average of $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 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 business had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the previous year, the business earned $0.50 EPS. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. On average, analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

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

Analyst Ratings Changes

A number of research firms recently issued reports on APH. UBS Group set a $152.00 price target on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. boosted 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. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Robert W. Baird set a $139.00 price target on Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Finally, Citigroup lifted their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Insiders Place Their Bets

In other news, VP Lance E. D’amico sold 120,000 shares of the company’s stock in a transaction dated 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 sale, the vice president owned 76,400 shares in the company, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David M. Silverman sold 120,000 shares of the company’s 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 owned 12,500 shares in the company, valued at approximately $1,764,625. This represents a 90.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is currently owned by company insiders.

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.