Amphenol Corporation $APH Shares Purchased by Parkside Financial Bank & Trust

Parkside Financial Bank & Trust grew its holdings in shares of Amphenol Corporation (NYSE:APH) by 31.6% in the second quarter, HoldingsChannel reports. The fund owned 3,961 shares of the electronics maker’s stock after buying an additional 951 shares during the period. Parkside Financial Bank & Trust’s holdings in Amphenol were worth $391,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of APH. Hughes Financial Services LLC acquired a new stake in Amphenol in the first quarter worth about $25,000. Opal Wealth Advisors LLC acquired a new stake in shares of Amphenol in the 2nd quarter worth approximately $25,000. Avalon Trust Co increased its stake in shares of Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 232 shares during the period. N.E.W. Advisory Services LLC bought a new stake in Amphenol during the first quarter worth approximately $28,000. Finally, Saudi Central Bank acquired a new stake in Amphenol in the first quarter worth approximately $31,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider William J. Doherty sold 80,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the sale, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,125,042 shares of company stock valued at $142,789,956 in the last three months. Company insiders own 1.67% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on APH shares. Barclays began coverage on Amphenol in a research report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price target on the stock. 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. The Goldman Sachs Group set a $154.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Evercore ISI increased their target price on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Finally, UBS Group set a $152.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $129.77.

Amphenol Trading Up 0.7%

Shares of NYSE APH opened at $139.01 on Monday. The firm has a market capitalization of $170.16 billion, a PE ratio of 46.34, a PEG ratio of 1.58 and a beta of 1.20. Amphenol Corporation has a one year low of $56.45 and a one year high of $142.50. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The business has a 50-day moving average price of $125.12 and a two-hundred day moving average price of $106.35.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (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 during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the firm earned $0.50 earnings per share. 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, analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

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.