Amphenol Corporation $APH Shares Sold by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. trimmed its position in shares of Amphenol Corporation (NYSE:APH) by 1.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 525,549 shares of the electronics maker’s stock after selling 6,160 shares during the period. Asset Management One Co. Ltd.’s holdings in Amphenol were worth $51,898,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Motive Wealth Advisors acquired a new position in Amphenol during the 2nd quarter valued at about $215,000. LeConte Wealth Management LLC bought a new stake in shares of Amphenol during the 2nd quarter worth about $399,000. Perigon Wealth Management LLC lifted its stake in shares of Amphenol by 29.4% in the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker’s stock worth $1,144,000 after acquiring an additional 3,964 shares during the period. City Center Advisors LLC acquired a new stake in shares of Amphenol in the 2nd quarter worth approximately $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Amphenol by 25.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker’s stock worth $2,736,000 after acquiring an additional 5,630 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Truist Financial upped their price target on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. UBS Group set a $152.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday. Finally, Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research note on Friday, July 11th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus target price of $125.00.

Amphenol Stock Up 5.2%

NYSE APH opened at $135.57 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.46. The company’s 50 day simple moving average is $118.89 and its 200 day simple moving average is $99.94. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $136.52. The company has a market capitalization of $165.52 billion, a P/E ratio of 45.19, a PEG ratio of 1.55 and a beta of 1.17.

Amphenol (NYSE:APH) last released its earnings results 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 net margin of 18.22% and a return on equity of 33.46%. The business 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 earned $0.50 EPS. The business’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. Q4 2025 guidance at 0.890-0.910 EPS. Equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company 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 is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is presently 26.29%.

Insider Activity

In other news, VP Lance E. D’amico sold 100,000 shares of the business’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the sale, the vice president owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the business’s stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the sale, the chief financial officer owned 39,884 shares in the company, valued at $4,409,575.04. This represents a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 over the last three months. 1.67% of the stock is owned by insiders.

Amphenol 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.