Blue Trust Inc. Purchases 5,143 Shares of Amphenol Corporation $APH

Blue Trust Inc. grew its position in Amphenol Corporation (NYSE:APH) by 40.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,867 shares of the electronics maker’s stock after acquiring an additional 5,143 shares during the quarter. Blue Trust Inc.’s holdings in Amphenol were worth $2,211,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. raised its position in Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares during the period. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the second quarter valued at approximately $25,000. Riggs Asset Managment Co. Inc. raised its holdings in shares of Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares during the period. Howard Hughes Medical Institute bought a new stake in shares of Amphenol during the 2nd quarter worth approximately $26,000. Finally, Evolution Wealth Management Inc. purchased a new position in Amphenol during the 2nd quarter valued at $31,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total value of $16,940,400.00. Following the transaction, the vice president owned 12,500 shares of the company’s stock, valued at $1,764,625. The trade was a 90.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 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 transaction of $11,360,000.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,063,194 shares of company stock valued at $148,244,445 over the last 90 days. Company insiders own 1.67% of the company’s stock.

Amphenol Trading Down 0.4%

NYSE APH opened at $137.39 on Friday. The company’s 50-day simple moving average is $136.25 and its two-hundred day simple moving average is $118.63. Amphenol Corporation has a one year low of $56.45 and a one year high of $144.37. The company has a market capitalization of $168.17 billion, a price-to-earnings ratio of 45.80, a price-to-earnings-growth ratio of 1.08 and a beta of 1.19. 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 released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period last year, the firm 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. Equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This is an increase 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 dividend yield of 0.7%. Amphenol’s dividend payout ratio (DPR) is currently 33.33%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on APH. Barclays lifted their target price on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Evercore ISI upped their target price on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Finally, Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and boosted their price target for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $134.08.

Amphenol Company 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.