Impax Asset Management Group plc Lowers Stock Holdings in Amphenol Corporation $APH

Impax Asset Management Group plc reduced its position in Amphenol Corporation (NYSE:APH) by 25.2% in the second quarter, Holdings Channel.com reports. The firm owned 1,459,135 shares of the electronics maker’s stock after selling 492,130 shares during the quarter. Impax Asset Management Group plc’s holdings in Amphenol were worth $144,090,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol in the 2nd quarter worth approximately $25,000. Hilltop National Bank purchased a new stake in Amphenol during the second quarter valued at about $35,000. Avalon Trust Co grew 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 buying an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Amphenol in the first quarter worth about $28,000. Finally, Saudi Central Bank purchased a new stake in Amphenol during the 1st quarter valued at about $31,000. 97.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amphenol

In other news, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the sale, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,764,625. The trade was a 90.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer owned 39,884 shares in the company, valued at $4,409,575.04. The trade was a 50.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,125,042 shares of company stock valued at $142,789,956 over the last three months. 1.67% of the stock is currently owned by corporate insiders.

Amphenol Stock Performance

Shares of APH opened at $141.83 on Thursday. Amphenol Corporation has a one year low of $56.45 and a one year high of $144.37. The company has a 50-day simple moving average of $127.13 and a two-hundred day simple moving average of $107.54. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The firm has a market capitalization of $173.61 billion, a PE ratio of 47.28, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm’s revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s dividend payout ratio is 33.33%.

Analyst Ratings Changes

A number of equities analysts have commented on the company. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. UBS Group set a $152.00 price target on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $129.77.

Amphenol Company 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.