CCLA Investment Management Takes Position in Amphenol Corporation $APH

CCLA Investment Management purchased a new stake in Amphenol Corporation (NYSE:APH) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 243,876 shares of the electronics maker’s stock, valued at approximately $30,179,000.

A number of other large investors also recently added to or reduced their stakes in APH. Opal Wealth Advisors LLC acquired a new stake in shares of Amphenol in the second quarter valued at about $25,000. Riggs Asset Managment Co. Inc. lifted its stake in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after buying an additional 168 shares in the last quarter. Howard Hughes Medical Institute acquired a new stake in Amphenol in the 2nd quarter worth about $26,000. Saudi Central Bank purchased a new stake in Amphenol during the 1st quarter worth approximately $31,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Amphenol during the 2nd quarter worth approximately $31,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

APH has been the topic of several research reports. The Goldman Sachs Group set a $154.00 target price on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Citigroup raised their price objective on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. UBS Group set a $152.00 target price on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $134.08.

Insider Buying and Selling at Amphenol

In other Amphenol news, VP David M. Silverman sold 120,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the completion of the sale, the vice president owned 12,500 shares of the company’s stock, valued at $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,063,194 shares of company stock worth $148,244,445. Insiders own 1.67% of the company’s stock.

Amphenol Stock Up 4.6%

Shares of APH opened at $135.54 on Monday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The stock has a fifty day simple moving average of $135.03 and a two-hundred day simple moving average of $117.43. The company has a market capitalization of $165.91 billion, a PE ratio of 45.18, a price-to-earnings-growth ratio of 1.06 and a beta of 1.19.

Amphenol (NYSE:APH) last announced 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 net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the previous year, the company posted $0.50 EPS. The company’s 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. As a group, equities 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. Stockholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s dividend payout ratio is currently 33.33%.

Amphenol Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.