Amphenol Corporation $APH Shares Sold by Community Trust & Investment Co.

Community Trust & Investment Co. cut its holdings in Amphenol Corporation (NYSE:APH) by 15.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 221,141 shares of the electronics maker’s stock after selling 40,093 shares during the period. Amphenol accounts for about 1.5% of Community Trust & Investment Co.’s holdings, making the stock its 14th biggest position. Community Trust & Investment Co.’s holdings in Amphenol were worth $27,366,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Amphenol by 87.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after acquiring an additional 4,721 shares during the period. Bison Wealth LLC boosted its position in shares of Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after acquiring an additional 618 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in Amphenol by 13.2% in the first quarter. Integrated Wealth Concepts LLC now owns 14,476 shares of the electronics maker’s stock valued at $949,000 after purchasing an additional 1,693 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Amphenol by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 168,983 shares of the electronics maker’s stock worth $11,085,000 after purchasing an additional 5,218 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on APH. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Evercore ISI boosted their target price on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Finally, Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $134.08.

Amphenol Price Performance

APH stock opened at $139.99 on Tuesday. The stock has a 50-day simple moving average of $136.98 and a 200-day simple moving average of $120.85. The firm has a market cap of $171.36 billion, a P/E ratio of 46.66, a price-to-earnings-growth ratio of 0.90 and a beta of 1.21. 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 Corporation has a 1 year low of $56.45 and a 1 year high of $144.37.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating 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 company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the firm earned $0.50 earnings per share. The company’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. On average, equities analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Insider Buying and Selling

In related news, VP David M. Silverman sold 120,000 shares of the company’s 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 sale, the vice president 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 258,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the transaction, the chief financial officer owned 167,695 shares in the company, valued at $24,013,924. This represents a 60.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,063,194 shares of company stock valued at $148,244,445 over the last 90 days. 1.67% of the stock is owned by corporate insiders.

Amphenol 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.