Cim LLC Makes New $2.38 Million Investment in Amphenol Corporation $APH

Cim LLC bought a new stake in Amphenol Corporation (NYSE:APH) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 24,066 shares of the electronics maker’s stock, valued at approximately $2,377,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Norges Bank acquired a new stake in Amphenol during the 2nd quarter worth approximately $2,104,244,000. T. Rowe Price Investment Management Inc. raised its stake in shares of Amphenol by 196.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock worth $1,098,190,000 after purchasing an additional 11,092,282 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings 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 during the period. Wellington Management Group LLP grew its position in Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock valued at $798,163,000 after buying an additional 5,154,860 shares during the last quarter. Finally, Holocene Advisors LP increased its stake in Amphenol by 201.2% in the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock valued at $381,909,000 after buying an additional 2,583,628 shares during the period. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of NYSE:APH opened at $129.15 on Friday. The firm has a market capitalization of $158.09 billion, a price-to-earnings ratio of 43.05, a price-to-earnings-growth ratio of 1.02 and a beta of 1.19. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The business’s 50 day simple moving average is $134.44 and its 200-day simple moving average is $115.84. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37.

Amphenol (NYSE:APH) last released its quarterly earnings data 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 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 quarterly revenue was up 53.4% on a year-over-year basis. During the same period last year, the business 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, equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given a $0.25 dividend. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is presently 22.00%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. UBS Group set a $152.00 target price on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Barclays lifted their price target on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Finally, Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Insider Transactions at Amphenol

In other Amphenol news, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total transaction of $11,360,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction dated 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 directly owned 12,500 shares in the company, valued at $1,764,625. This trade 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 worth $148,244,445 in the last 90 days. Insiders own 1.67% of the company’s stock.

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.