Amphenol Corporation $APH Holdings Raised by Wealthfront Advisers LLC

Wealthfront Advisers LLC grew its stake in shares of Amphenol Corporation (NYSE:APH) by 7.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,864 shares of the electronics maker’s stock after purchasing an additional 11,108 shares during the period. Wealthfront Advisers LLC’s holdings in Amphenol were worth $15,293,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Tranquility Partners LLC raised its position in Amphenol by 0.8% during the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after buying an additional 107 shares during the period. EWA LLC raised its position in Amphenol by 2.3% during the second quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock valued at $514,000 after buying an additional 115 shares during the period. Mather Group LLC. raised its position in Amphenol by 0.5% during the second quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock valued at $2,261,000 after buying an additional 118 shares during the period. Independent Advisor Alliance raised its position in Amphenol by 1.7% during the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker’s stock valued at $471,000 after buying an additional 122 shares during the period. Finally, Traveka Wealth LLC raised its position in Amphenol by 3.9% during the second quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker’s stock valued at $324,000 after buying an additional 123 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the transaction, the vice president directly owned 76,400 shares of the company’s stock, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Doherty sold 113,000 shares of the firm’s stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock valued at $73,369,357 over the last 90 days. 1.67% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. UBS Group set a $152.00 price target on Amphenol and gave the company a “buy” rating in a research report on Thursday. Wall Street Zen raised Amphenol from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Citigroup upped their target price on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday. Barclays began coverage on Amphenol in a research report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 target price on the stock. Finally, Robert W. Baird set a $139.00 target price on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $129.77.

Amphenol Stock Down 1.1%

Shares of APH stock opened at $133.80 on Monday. The stock’s 50 day simple moving average is $119.39 and its 200 day simple moving average is $100.97. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $137.65. The company has a market capitalization of $163.35 billion, a price-to-earnings ratio of 44.60, a PEG ratio of 1.51 and a beta of 1.17.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating 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 the consensus estimate of $5.54 billion. During the same period last year, the business earned $0.50 EPS. The firm’s revenue was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. As a group, research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The business also recently disclosed 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. This represents a $1.00 dividend on an annualized basis and a dividend 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 22.00%.

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.