Braun Stacey Associates Inc. Acquires 18,145 Shares of Amphenol Corporation $APH

Braun Stacey Associates Inc. grew its holdings in Amphenol Corporation (NYSE:APH) by 9.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 212,571 shares of the electronics maker’s stock after acquiring an additional 18,145 shares during the quarter. Braun Stacey Associates Inc.’s holdings in Amphenol were worth $26,306,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in Amphenol in the 2nd quarter valued at $2,104,244,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Amphenol by 639.0% during the first 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 during the last quarter. Holocene Advisors LP lifted its stake in shares of Amphenol by 201.2% in the second 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. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Amphenol during the second quarter worth about $225,757,000. Finally, Geode Capital Management LLC raised its holdings in Amphenol by 8.4% in the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after acquiring an additional 2,217,079 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Insider Activity

In other news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total value of $11,360,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction dated 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 completion of the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Evercore ISI boosted their price target on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. UBS Group set a $152.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Truist Financial upped 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. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $134.08.

Amphenol Trading Down 0.8%

Shares of Amphenol stock opened at $135.16 on Friday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $144.37. The stock has a market capitalization of $165.44 billion, a P/E ratio of 45.05, a price-to-earnings-growth ratio of 1.06 and a beta of 1.21. The company has a 50-day simple moving average of $136.78 and a 200 day simple moving average of $119.82. 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 (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 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 analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same period in the previous year, the business 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. Research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm 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 dividend of $0.25 per share. 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 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is currently 33.33%.

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.