Amphenol Corporation $APH Stake Raised by Cwm LLC

Cwm LLC increased its holdings in Amphenol Corporation (NYSE:APH) by 42.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,896 shares of the electronics maker’s stock after buying an additional 49,184 shares during the quarter. Cwm LLC’s holdings in Amphenol were worth $20,530,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in APH. Norges Bank acquired a new position in shares of Amphenol during the second quarter valued at $2,104,244,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Amphenol by 639.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker’s stock valued at $574,500,000 after buying an additional 7,573,750 shares in the last quarter. Holocene Advisors LP increased its stake in Amphenol by 201.2% during the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock valued at $381,909,000 after buying an additional 2,583,628 shares during the period. AQR Capital Management LLC raised its position in shares of Amphenol by 338.8% during the 1st quarter. AQR Capital Management LLC now owns 3,275,831 shares of the electronics maker’s stock worth $212,798,000 after buying an additional 2,529,319 shares in the last quarter. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Amphenol in the 2nd quarter worth approximately $225,757,000. Institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Truist Financial raised their price objective 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. Citigroup lifted their price target on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Barclays boosted their price objective on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Finally, JPMorgan Chase & Co. upped their price target on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $134.08.

Insider Transactions at Amphenol

In other 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 value 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 sale was disclosed in a filing with the SEC, which is available at this link. Also, insider William J. Doherty sold 80,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total value of $11,283,200.00. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is currently owned by insiders.

Amphenol Trading Down 0.4%

Shares of NYSE APH opened at $137.39 on Friday. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37. The company has a market cap of $168.17 billion, a price-to-earnings ratio of 45.80, a P/E/G ratio of 1.08 and a beta of 1.19. The business has a fifty day simple moving average of $136.25 and a 200-day simple moving average of $118.81.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping 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 firm 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 company earned $0.50 EPS. The business’s revenue for the quarter 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. Sell-side analysts predict 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. Investors of record on Tuesday, December 16th will be given a $0.25 dividend. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s payout ratio is currently 33.33%.

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.