Dudley & Shanley Inc. Has $39.18 Million Stock Holdings in Amphenol Corporation $APH

Dudley & Shanley Inc. cut its position in shares of Amphenol Corporation (NYSE:APH) by 26.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 316,596 shares of the electronics maker’s stock after selling 111,404 shares during the quarter. Amphenol accounts for 6.3% of Dudley & Shanley Inc.’s portfolio, making the stock its 2nd largest position. Dudley & Shanley Inc.’s holdings in Amphenol were worth $39,179,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Wedmont Private Capital raised its position in Amphenol by 3.9% in the third quarter. Wedmont Private Capital now owns 25,289 shares of the electronics maker’s stock worth $3,149,000 after acquiring an additional 940 shares in the last quarter. Czech National Bank grew its stake in shares of Amphenol by 4.9% in the 3rd quarter. Czech National Bank now owns 310,088 shares of the electronics maker’s stock worth $38,373,000 after purchasing an additional 14,419 shares during the last quarter. Ignite Planners LLC raised its holdings in shares of Amphenol by 20.6% in the 3rd quarter. Ignite Planners LLC now owns 2,822 shares of the electronics maker’s stock worth $349,000 after purchasing an additional 483 shares in the last quarter. Cooper Financial Group lifted its stake in Amphenol by 6.3% during the third quarter. Cooper Financial Group now owns 7,709 shares of the electronics maker’s stock valued at $954,000 after purchasing an additional 457 shares during the last quarter. Finally, Heritage Family Offices LLP grew its position in Amphenol by 47.3% in the third quarter. Heritage Family Offices LLP now owns 24,637 shares of the electronics maker’s stock worth $3,049,000 after buying an additional 7,906 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling

In other news, CFO Craig A. Lampo sold 258,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief financial officer directly owned 167,695 shares of the company’s stock, valued at $24,013,924. This trade represents a 60.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the sale, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,063,194 shares of company stock worth $148,244,445. Insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Shares of APH opened at $126.40 on Thursday. The business’s 50-day moving average is $134.68 and its 200-day moving average is $116.67. 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 $154.72 billion, a price-to-earnings ratio of 42.13, a P/E/G ratio of 1.01 and a beta of 1.19. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating 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 the consensus estimate of $5.54 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’s revenue was up 53.4% on a year-over-year basis. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. Equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be issued a dividend of $0.25 per share. This is a positive change 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 is 33.33%.

Analyst Upgrades and Downgrades

APH has been the subject of a number of recent research reports. UBS Group set a $152.00 price objective on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. upped their target price on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Finally, Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average 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.