Czech National Bank raised its stake in Amphenol Corporation (NYSE:APH – Free Report) by 4.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 310,088 shares of the electronics maker’s stock after purchasing an additional 14,419 shares during the quarter. Czech National Bank’s holdings in Amphenol were worth $38,373,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Opal Wealth Advisors LLC acquired a new position in Amphenol in the 2nd quarter valued at $25,000. Riggs Asset Managment Co. Inc. lifted its stake in shares of Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the period. Howard Hughes Medical Institute purchased a new stake in shares of Amphenol in the second quarter valued at about $26,000. Saudi Central Bank acquired a new position in shares of Amphenol during the first quarter worth about $31,000. Finally, Evolution Wealth Management Inc. purchased a new position in Amphenol during the second quarter worth about $31,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Analysts Set New Price Targets
APH has been the topic of several recent analyst reports. Truist Financial boosted their target price on Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. JPMorgan Chase & Co. increased 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. Evercore ISI boosted their target price on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Finally, Citigroup upped their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average target price of $131.54.
Amphenol Stock Down 2.1%
Amphenol stock opened at $126.40 on Thursday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The firm has a market capitalization of $154.72 billion, a price-to-earnings ratio of 42.13, a price-to-earnings-growth ratio of 1.01 and a beta of 1.19. The stock’s fifty day moving average is $134.68 and its two-hundred day moving average is $116.67. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07.
Amphenol (NYSE:APH – Get Free Report) last released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.79 by $0.14. The business had revenue of $6.19 billion for 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 revenue for the quarter was up 53.4% compared to the same quarter last year. 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. Analysts predict 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. Stockholders of record on Tuesday, December 16th will be given a $0.25 dividend. This is a boost from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is currently 33.33%.
Insider Buying and Selling at Amphenol
In related news, insider William J. Doherty sold 80,000 shares of Amphenol 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Craig A. Lampo sold 258,000 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total value 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 trade represents a 60.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is currently owned by insiders.
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.
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