Advisory Services Network LLC Raises Stake in Amphenol Corporation $APH

Advisory Services Network LLC increased its holdings in Amphenol Corporation (NYSE:APH) by 57.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 72,369 shares of the electronics maker’s stock after buying an additional 26,292 shares during the period. Advisory Services Network LLC’s holdings in Amphenol were worth $7,708,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Motive Wealth Advisors purchased a new position in Amphenol during the second quarter worth about $215,000. LeConte Wealth Management LLC purchased a new stake in Amphenol in the second quarter valued at $399,000. Advyzon Investment Management LLC lifted its stake in shares of Amphenol by 101.6% in the 2nd quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock valued at $598,000 after purchasing an additional 3,051 shares during the last quarter. New York Life Investment Management LLC grew its holdings in shares of Amphenol by 1.6% during the 2nd quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock worth $16,242,000 after purchasing an additional 2,535 shares during the period. Finally, City Center Advisors LLC purchased a new stake in Amphenol in the 2nd quarter valued at about $482,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amphenol

In related news, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,764,625. This represents 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 this hyperlink. Also, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the transaction, the vice president owned 76,400 shares in the company, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,063,194 shares of company stock valued at $148,244,445 over the last ninety days. Company insiders own 1.67% of the company’s stock.

Amphenol Stock Performance

Shares of APH opened at $129.15 on Monday. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $144.37. The stock has a market capitalization of $158.09 billion, a PE ratio of 43.05, a PEG ratio of 1.02 and a beta of 1.19. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a 50-day simple moving average of $134.44 and a 200-day simple moving average of $116.04.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the firm earned $0.50 earnings per share. The business’s quarterly revenue 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. On average, analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This is an increase 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%. Amphenol’s payout ratio is presently 22.00%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. 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. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. Robert W. Baird set a $139.00 price target on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Finally, Citigroup increased their target price on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $131.54.

Amphenol Company 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.