Community Financial Services Group LLC Makes New Investment in Amphenol Corporation $APH

Community Financial Services Group LLC bought a new stake in shares of Amphenol Corporation (NYSE:APH) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 30,258 shares of the electronics maker’s stock, valued at approximately $3,745,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. grew 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 valued at $25,000 after acquiring an additional 90 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of Amphenol during the second quarter valued at $25,000. Riggs Asset Managment Co. Inc. grew 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 purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute purchased a new position in Amphenol in the 2nd quarter worth about $26,000. Finally, Evolution Wealth Management Inc. bought a new stake in Amphenol during the 2nd quarter valued at about $31,000. 97.01% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. 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. Barclays increased 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. UBS Group set a $152.00 target price on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Truist Financial lifted their price objective on Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a report on Friday, December 19th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $134.08.

Amphenol Trading Up 3.3%

Shares of NYSE APH opened at $139.63 on Friday. The business has a fifty day moving average price of $136.90 and a 200 day moving average price of $120.33. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The stock has a market capitalization of $170.91 billion, a P/E ratio of 46.54, a price-to-earnings-growth ratio of 0.90 and a beta of 1.21.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates 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 period in the previous year, the company posted $0.50 earnings per share. The firm’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. Equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s payout ratio is 33.33%.

Insiders Place Their Bets

In other news, VP David M. Silverman sold 120,000 shares of the company’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 transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is currently owned by company insiders.

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.