Amphenol Corporation $APH Stock Position Lifted by Cwm LLC

Cwm LLC boosted its stake in Amphenol Corporation (NYSE:APH) by 42.1% in the third quarter, Holdings Channel reports. The institutional investor owned 165,896 shares of the electronics maker’s stock after acquiring an additional 49,184 shares during the quarter. Cwm LLC’s holdings in Amphenol were worth $20,530,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Bell Investment Advisors Inc raised its holdings in shares of 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 acquiring an additional 95 shares in 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 purchasing an additional 98 shares during the last quarter. Tranquility Partners LLC raised its stake in shares of Amphenol by 0.8% during the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock worth $1,322,000 after purchasing an additional 107 shares in the last quarter. Cox Capital Mgt LLC lifted its holdings in shares of Amphenol by 0.3% during the 3rd quarter. Cox Capital Mgt LLC now owns 32,327 shares of the electronics maker’s stock valued at $4,000,000 after buying an additional 110 shares during the last quarter. Finally, Chatham Capital Group Inc. increased its holdings in Amphenol by 1.4% in the third quarter. Chatham Capital Group Inc. now owns 8,105 shares of the electronics maker’s stock worth $1,003,000 after buying an additional 110 shares during the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Amphenol news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the sale, the vice president directly owned 76,400 shares of the company’s stock, valued at $10,696,764. This represents a 61.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Luc Walter sold 365,118 shares of the firm’s stock in a transaction 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 sale, the insider owned 433,742 shares in the company, valued at $58,403,360.30. This represents a 45.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,063,194 shares of company stock valued at $148,244,445 in the last ninety days. Company insiders own 1.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Truist Financial lifted their price objective on shares of Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, December 19th. JPMorgan Chase & Co. upped their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Robert W. Baird set a $139.00 target price on Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Finally, Barclays upped their price target on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $134.08.

Amphenol Stock Down 0.4%

Amphenol stock opened at $137.39 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The firm has a fifty day moving average price of $136.25 and a two-hundred day moving average price of $118.81. The firm has a market cap of $168.17 billion, a price-to-earnings ratio of 45.80, a P/E/G ratio of 1.08 and a beta of 1.19.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the previous year, the company posted $0.50 earnings per share. The firm’s revenue for the quarter 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. As a group, analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current 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 issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio is presently 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.