Alkeon Capital Management LLC Has $263.76 Million Holdings in Amphenol Corporation $APH

Alkeon Capital Management LLC boosted its stake in Amphenol Corporation (NYSE:APH) by 4.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 2,670,953 shares of the electronics maker’s stock after buying an additional 120,000 shares during the period. Alkeon Capital Management LLC’s holdings in Amphenol were worth $263,757,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in APH. Bell Investment Advisors Inc lifted its holdings in Amphenol by 19.2% during the 2nd quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker’s stock valued at $58,000 after purchasing an additional 95 shares during the last quarter. CENTRAL TRUST Co raised its stake in shares of Amphenol by 9.4% in the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock valued at $113,000 after acquiring an additional 98 shares during the last quarter. Tranquility Partners LLC boosted its holdings in shares of Amphenol by 0.8% in the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock worth $1,322,000 after acquiring an additional 107 shares in the last quarter. EWA LLC increased its holdings in Amphenol by 2.3% during the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock valued at $514,000 after purchasing an additional 115 shares in the last quarter. Finally, Coign Capital Advisors LLC boosted its stake in Amphenol by 1.1% in the second quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker’s stock worth $1,043,000 after purchasing an additional 116 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Down 7.1%

Shares of Amphenol stock opened at $129.15 on Friday. The business has a fifty day simple moving average of $134.44 and a 200 day simple moving average of $115.65. The stock has a market cap of $158.09 billion, a PE ratio of 43.05, a price-to-earnings-growth ratio of 1.09 and a beta of 1.19. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 12 month low of $56.45 and a 12 month 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 for the quarter, beating the consensus estimate of $0.79 by $0.14. The firm 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%.The company’s quarterly revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is 22.00%.

Insider Buying and Selling at Amphenol

In other news, VP Lance E. D’amico sold 120,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the sale, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,063,194 shares of company stock worth $148,244,445 in the last three months. 1.67% of the stock is owned by insiders.

Analyst Ratings Changes

APH has been the subject of a number of research analyst reports. Citigroup lifted their price target on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. UBS Group set a $152.00 target price on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Truist Financial increased their price target on shares of Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and lifted their target price for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and a consensus price target of $131.54.

Amphenol Profile

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.