Baird Financial Group Inc. Increases Position in Amphenol Corporation $APH

Baird Financial Group Inc. raised its holdings in Amphenol Corporation (NYSE:APH) by 6.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,052,532 shares of the electronics maker’s stock after acquiring an additional 64,252 shares during the period. Baird Financial Group Inc.’s holdings in Amphenol were worth $103,938,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in APH. Brighton Jones LLC boosted its stake in Amphenol by 114.0% during the fourth 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 raised 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% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after acquiring an additional 618 shares during the last quarter. Moors & Cabot Inc. grew its holdings in shares of Amphenol by 4.3% in the first quarter. Moors & Cabot Inc. now owns 3,941 shares of the electronics maker’s stock valued at $258,000 after purchasing an additional 164 shares during the period. Finally, Advyzon Investment Management LLC acquired a new stake in Amphenol during the first quarter worth about $197,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Price Performance

APH opened at $138.79 on Thursday. The stock’s 50-day moving average price is $132.36 and its 200 day moving average price is $113.31. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $144.37. The firm has a market cap of $169.89 billion, a price-to-earnings ratio of 46.26, a PEG ratio of 1.09 and a beta of 1.19. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APH) last released 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. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 EPS. 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, sell-side analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current 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 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 (DPR) is currently 33.33%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on APH shares. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Citigroup lifted their target price on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and increased their price target for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Finally, Barclays boosted their price objective on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $131.54.

Insider Buying and Selling

In other Amphenol news, CFO Craig A. Lampo sold 258,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total value of $36,945,600.00. Following the completion of the transaction, the chief financial officer owned 167,695 shares in the company, valued at $24,013,924. The trade was a 60.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total value of $11,283,200.00. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,063,194 shares of company stock worth $148,244,445 over the last three months. 1.67% of the stock is owned by insiders.

About Amphenol

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.