Braun Stacey Associates Inc. Buys 18,145 Shares of Amphenol Corporation $APH

Braun Stacey Associates Inc. increased its stake in Amphenol Corporation (NYSE:APH) by 9.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 212,571 shares of the electronics maker’s stock after acquiring an additional 18,145 shares during the period. Braun Stacey Associates Inc.’s holdings in Amphenol were worth $26,306,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol during the second quarter worth $25,000. Financial Management Professionals Inc. increased its position in Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares during the period. Riggs Asset Managment Co. Inc. raised its holdings in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in Amphenol during the 2nd quarter valued at about $26,000. Finally, Evolution Wealth Management Inc. bought a new position in shares of Amphenol in the 2nd quarter valued at about $31,000. 97.01% of the stock is currently owned by institutional investors.

Insider Activity

In other Amphenol news, VP Lance E. D’amico sold 120,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the sale, the vice president directly owned 76,400 shares in the company, valued at approximately $10,696,764. This trade represents a 61.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction that occurred on 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 transaction, the chief financial officer owned 39,884 shares of the company’s stock, valued at $5,723,354. This trade represents a 50.12% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,063,194 shares of company stock worth $148,244,445. Corporate insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

APH has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. UBS Group set a $152.00 price target on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Barclays lifted their price objective on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Finally, Truist Financial increased their target price on Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol has a consensus rating of “Moderate Buy” and an average price target of $134.08.

Amphenol Price Performance

APH opened at $135.16 on Friday. The stock has a market cap of $165.44 billion, a P/E ratio of 45.05, a P/E/G ratio of 1.06 and a beta of 1.21. Amphenol Corporation has a 12 month low of $56.45 and a 12 month 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 company has a fifty day simple moving average of $136.78 and a 200 day simple moving average of $119.82.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share 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 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 company’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. On average, research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is currently 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.