Chicago Capital LLC Has $13.29 Million Holdings in Amphenol Corporation $APH

Chicago Capital LLC lifted its holdings in shares of Amphenol Corporation (NYSE:APH) by 731.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,377 shares of the electronics maker’s stock after buying an additional 94,463 shares during the quarter. Chicago Capital LLC’s holdings in Amphenol were worth $13,288,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Geode Capital Management LLC grew its position in shares of Amphenol by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock worth $2,804,338,000 after buying an additional 2,217,079 shares during the period. Norges Bank acquired a new position in Amphenol during the second quarter valued at approximately $2,104,244,000. Franklin Resources Inc. increased its stake in Amphenol by 13.4% in the second quarter. Franklin Resources Inc. now owns 12,547,006 shares of the electronics maker’s stock valued at $1,239,017,000 after purchasing an additional 1,486,105 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted 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 worth $574,500,000 after purchasing an additional 7,573,750 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Amphenol by 40.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,732,690 shares of the electronics maker’s stock valued at $507,187,000 after buying an additional 2,211,338 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Trading Up 0.2%

Amphenol stock opened at $139.99 on Tuesday. The company has a market cap of $171.36 billion, a price-to-earnings ratio of 46.66, a P/E/G ratio of 0.90 and a beta of 1.21. The firm has a 50-day moving average of $136.98 and a 200-day moving average of $120.85. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. Amphenol Corporation has a one year low of $56.45 and a one year high of $144.37.

Amphenol (NYSE:APH) last released its earnings results 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. The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.Amphenol’s revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. On average, equities analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Analysts Set New Price Targets

APH has been the subject of a number of research analyst reports. Barclays boosted their target price on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Truist Financial boosted their price objective on Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, December 19th. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Finally, Citigroup increased their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.08.

Insider Buying and Selling at Amphenol

In related news, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the transaction, the insider directly owned 433,742 shares in the company, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David M. Silverman sold 120,000 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction 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 approximately $1,764,625. This represents a 90.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,063,194 shares of company stock valued at $148,244,445 in the last 90 days. Company insiders own 1.67% of the company’s stock.

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.