Amphenol Corporation $APH Stake Lifted by Bamco Inc. NY

Bamco Inc. NY increased its position in shares of Amphenol Corporation (NYSE:APH) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,889,030 shares of the electronics maker’s stock after purchasing an additional 35,978 shares during the period. Bamco Inc. NY’s holdings in Amphenol were worth $186,542,000 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 APH. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol in the 2nd quarter worth $25,000. Howard Hughes Medical Institute bought a new stake in Amphenol in the second quarter worth about $26,000. Saudi Central Bank acquired a new stake in Amphenol in the 1st quarter valued at about $31,000. Ransom Advisory Ltd bought a new position in shares of Amphenol during the 1st quarter valued at about $33,000. Finally, Hilltop National Bank bought a new position in shares of Amphenol during the 2nd quarter valued at about $35,000. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling at Amphenol

In other Amphenol news, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the transaction, the vice president owned 12,500 shares in the company, valued at $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was 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 sold a total of 1,063,194 shares of company stock worth $148,244,445 over the last 90 days. 1.67% of the stock is currently owned by insiders.

Analyst Ratings Changes

APH has been the subject of several recent research reports. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Barclays increased their price objective on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Finally, Evercore ISI boosted their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Trading Down 7.1%

Shares of NYSE APH opened at $129.15 on Friday. 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 Corporation has a one year low of $56.45 and a one year high of $144.37. The business has a 50-day moving average price of $134.44 and a two-hundred day moving average price of $115.65. The firm has a market capitalization of $158.09 billion, a PE ratio of 43.05, a PEG ratio of 1.09 and a beta of 1.19.

Amphenol (NYSE:APH) last issued its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The company had revenue of $6.19 billion for 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%.The firm’s quarterly revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $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, analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is 22.00%.

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.