Amphenol Corporation $APH is Baker Chad R’s 5th Largest Position

Baker Chad R lessened its holdings in shares of Amphenol Corporation (NYSE:APH) by 6.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,504 shares of the electronics maker’s stock after selling 13,835 shares during the quarter. Amphenol makes up 4.6% of Baker Chad R’s portfolio, making the stock its 5th largest holding. Baker Chad R’s holdings in Amphenol were worth $26,792,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Ellsworth Advisors LLC raised its holdings in Amphenol by 4.4% in the 3rd quarter. Ellsworth Advisors LLC now owns 26,039 shares of the electronics maker’s stock worth $3,271,000 after purchasing an additional 1,087 shares during the period. Tower View Wealth Management LLC increased its position in Amphenol by 18,223.9% in the third quarter. Tower View Wealth Management LLC now owns 16,858 shares of the electronics maker’s stock worth $2,086,000 after buying an additional 16,766 shares in the last quarter. Burns Matteson Capital Management LLC raised its stake in shares of Amphenol by 29.3% in the third quarter. Burns Matteson Capital Management LLC now owns 11,916 shares of the electronics maker’s stock worth $1,475,000 after buying an additional 2,698 shares during the period. SWS Partners raised its stake in shares of Amphenol by 2.8% in the third quarter. SWS Partners now owns 26,667 shares of the electronics maker’s stock worth $3,304,000 after buying an additional 717 shares during the period. Finally, Asio Capital LLC lifted its position in shares of Amphenol by 3.1% during the 3rd quarter. Asio Capital LLC now owns 56,317 shares of the electronics maker’s stock valued at $6,969,000 after buying an additional 1,687 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

Shares of NYSE APH opened at $137.39 on Friday. The company has a market cap of $168.17 billion, a P/E ratio of 45.80, a P/E/G ratio of 1.08 and a beta of 1.19. Amphenol Corporation has a 52-week low of $56.45 and a 52-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. The firm’s fifty day moving average is $136.25 and its two-hundred day moving average is $118.63.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS 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 business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the prior year, the firm earned $0.50 EPS. The business’s 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. As a group, analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal 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 issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Analyst Ratings Changes

A number of equities research analysts have commented on APH shares. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. UBS Group set a $152.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Truist Financial lifted their target price on shares of Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, December 19th. JPMorgan Chase & Co. upped their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Finally, The Goldman Sachs Group set a $154.00 price target on Amphenol 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 given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $134.08.

Insiders Place Their Bets

In other news, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at $5,723,354. This represents a 50.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. 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 worth $148,244,445. Insiders own 1.67% of the company’s stock.

About Amphenol

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.