CX Institutional Has $1.77 Million Stock Holdings in Amphenol Corporation $APH

CX Institutional increased its position in shares of Amphenol Corporation (NYSE:APH) by 76.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,281 shares of the electronics maker’s stock after purchasing an additional 6,170 shares during the quarter. CX Institutional’s holdings in Amphenol were worth $1,767,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC boosted its holdings in shares of Amphenol by 234.6% in the 3rd quarter. Strategic Blueprint LLC now owns 13,062 shares of the electronics maker’s stock worth $1,616,000 after acquiring an additional 9,158 shares in the last quarter. Childress Capital Advisors LLC boosted its stake in Amphenol by 11.9% in the third quarter. Childress Capital Advisors LLC now owns 3,679 shares of the electronics maker’s stock worth $455,000 after purchasing an additional 391 shares in the last quarter. Park Avenue Securities LLC boosted its stake in Amphenol by 4.3% in the third quarter. Park Avenue Securities LLC now owns 78,036 shares of the electronics maker’s stock worth $9,657,000 after purchasing an additional 3,243 shares in the last quarter. KLP Kapitalforvaltning AS grew its holdings in shares of Amphenol by 0.3% during the third quarter. KLP Kapitalforvaltning AS now owns 437,824 shares of the electronics maker’s stock worth $54,242,000 after purchasing an additional 1,100 shares during the last quarter. Finally, Louisiana State Employees Retirement System increased its stake in shares of Amphenol by 0.5% in the third quarter. Louisiana State Employees Retirement System now owns 64,100 shares of the electronics maker’s stock valued at $7,932,000 after buying an additional 300 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Amphenol news, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total value of $5,750,906.00. Following the completion of the sale, the chief financial officer owned 39,884 shares of the company’s stock, valued at approximately $5,723,354. This represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction on Friday, October 24th. The stock was 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. This represents a 45.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,063,194 shares of company stock worth $148,244,445 over the last quarter. Insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Shares of APH stock opened at $136.19 on Friday. The firm’s 50 day moving average price is $136.98 and its two-hundred day moving average price is $121.41. 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 52-week low of $56.45 and a 52-week high of $144.37. The stock has a market cap of $166.70 billion, a PE ratio of 45.40, a PEG ratio of 0.90 and a beta of 1.21.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the previous year, the company posted $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. As a group, analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

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

Wall Street Analyst Weigh In

APH has been the topic of a number of research analyst reports. Truist Financial increased their price objective on shares of Amphenol from $147.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, December 19th. UBS Group set a $152.00 price target on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Evercore ISI boosted their price objective on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, Citigroup lifted their target price on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $134.08.

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.