Blue Trust Inc. Grows Stock Position in Amphenol Corporation $APH

Blue Trust Inc. grew its holdings in Amphenol Corporation (NYSE:APH) by 40.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 17,867 shares of the electronics maker’s stock after buying an additional 5,143 shares during the period. Blue Trust Inc.’s holdings in Amphenol were worth $2,211,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Opal Wealth Advisors LLC acquired a new stake in Amphenol in the 2nd quarter worth approximately $25,000. Financial Management Professionals Inc. lifted its stake in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares during the period. Riggs Asset Managment Co. Inc. grew its holdings in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after buying an additional 168 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Amphenol in the 2nd quarter valued at $26,000. Finally, Saudi Central Bank purchased a new position in Amphenol in the 1st quarter worth $31,000. 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 40,076 shares of the business’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the sale, the chief financial officer owned 39,884 shares of the company’s stock, valued at $5,723,354. The trade was a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the transaction, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,063,194 shares of company stock worth $148,244,445 in the last 90 days. 1.67% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Barclays raised their target price on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Truist Financial lifted their price objective on Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Finally, The Goldman Sachs Group set a $154.00 target price on Amphenol 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 assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.08.

Amphenol Trading Down 0.4%

APH stock opened at $137.39 on Friday. 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 firm has a market cap of $168.17 billion, a P/E ratio of 45.80, a PEG ratio of 1.08 and a beta of 1.19. The company’s 50-day simple moving average is $136.25 and its 200-day simple moving average is $118.63.

Amphenol (NYSE:APH) last released its quarterly 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. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.Amphenol’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. As a group, equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business 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. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is 33.33%.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.