State of Wyoming Sells 10,797 Shares of Amphenol Corporation $APH

State of Wyoming reduced its position in shares of Amphenol Corporation (NYSE:APH) by 69.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,857 shares of the electronics maker’s stock after selling 10,797 shares during the period. State of Wyoming’s holdings in Amphenol were worth $480,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of APH. Bell Investment Advisors Inc grew its position in shares of Amphenol by 19.2% in the second 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 increased its position in Amphenol by 9.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock worth $113,000 after buying an additional 98 shares during the period. Tranquility Partners LLC lifted its holdings in shares of Amphenol by 0.8% during the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock worth $1,322,000 after buying an additional 107 shares during the last quarter. EWA LLC boosted its position in shares of Amphenol by 2.3% in the second quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock valued at $514,000 after acquiring an additional 115 shares during the period. Finally, Coign Capital Advisors LLC grew its stake 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 worth $1,043,000 after acquiring an additional 116 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

APH has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Bank of America upgraded shares of 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. Truist Financial boosted their price target on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. raised their price objective on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Finally, Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Insider Buying and Selling

In other news, CFO Craig A. Lampo sold 258,000 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the sale, the chief financial officer owned 167,695 shares in the company, valued at approximately $24,013,924. This represents a 60.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Doherty sold 80,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. Insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Amphenol stock opened at $130.05 on Tuesday. The business has a 50 day simple moving average of $134.58 and a 200 day simple moving average of $116.33. 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 company has a market capitalization of $159.19 billion, a PE ratio of 43.35, a price-to-earnings-growth ratio of 1.02 and a beta of 1.19. Amphenol Corporation has a one year low of $56.45 and a one year 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 (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the company posted $0.50 earnings per share. The business’s revenue for the quarter 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, sell-side analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

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