8,892 Shares in Amphenol Corporation $APH Purchased by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. purchased a new position in shares of Amphenol Corporation (NYSE:APH) during the second quarter, Holdings Channel.com reports. The fund purchased 8,892 shares of the electronics maker’s stock, valued at approximately $878,000.

A number of other large investors also recently modified their holdings of the company. Bell Investment Advisors Inc lifted its stake in Amphenol by 19.2% during the second quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker’s stock worth $58,000 after purchasing an additional 95 shares during the last quarter. CENTRAL TRUST Co raised its position in Amphenol by 9.4% in the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock worth $113,000 after acquiring an additional 98 shares in the last quarter. Tranquility Partners LLC grew 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 during the period. EWA LLC raised its position in Amphenol by 2.3% during the second quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock worth $514,000 after acquiring an additional 115 shares during the last quarter. Finally, Coign Capital Advisors LLC lifted its position in shares of Amphenol by 1.1% in the second quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker’s stock valued at $1,043,000 after acquiring an additional 116 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Stock Performance

Shares of Amphenol stock opened at $130.05 on Tuesday. The firm has a market capitalization of $159.19 billion, a P/E ratio of 43.35, a PEG ratio of 1.02 and a beta of 1.19. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $144.37. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The company has a 50 day moving average price of $134.58 and a 200 day moving average price of $116.33.

Amphenol (NYSE:APH) last posted 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 during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the firm 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. Sell-side analysts expect 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. Investors of record on Tuesday, December 16th will be paid a $0.25 dividend. 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 yield of 0.8%. The ex-dividend date is Tuesday, December 16th. Amphenol’s payout ratio is presently 22.00%.

Analysts Set New Price Targets

Several research analysts recently weighed in on APH shares. Barclays increased their target price on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. boosted their price target on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note 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 research note on Thursday, October 23rd. Citigroup lifted their price objective on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and increased their target price for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $131.54.

Insider Activity

In related news, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the completion of the transaction, the insider directly owned 433,742 shares in the company, valued at $58,403,360.30. The trade was a 45.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the vice president directly owned 12,500 shares in the company, valued at $1,764,625. The trade was a 90.57% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,063,194 shares of company stock valued at $148,244,445 over the last 90 days. Insiders own 1.67% of the company’s stock.

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.