Virtus Investment Advisers LLC Has $1.80 Million Position in Amphenol Corporation $APH

Virtus Investment Advisers LLC decreased its stake in Amphenol Corporation (NYSE:APH) by 11.8% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 18,270 shares of the electronics maker’s stock after selling 2,447 shares during the period. Amphenol makes up 0.6% of Virtus Investment Advisers LLC’s investment portfolio, making the stock its 19th biggest position. Virtus Investment Advisers LLC’s holdings in Amphenol were worth $1,804,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after purchasing an additional 618 shares during the period. Assetmark Inc. boosted its position in shares of Amphenol by 10.0% during the 1st quarter. Assetmark Inc. now owns 32,219 shares of the electronics maker’s stock valued at $2,113,000 after purchasing an additional 2,936 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Amphenol by 16.0% during the first quarter. LPL Financial LLC now owns 790,840 shares of the electronics maker’s stock worth $51,871,000 after purchasing an additional 109,120 shares during the period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Evercore ISI lifted their price objective 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. Citigroup upped their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. UBS Group set a $152.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. JPMorgan Chase & Co. upped their price target on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Finally, Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Insider Activity at Amphenol

In other Amphenol news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction dated 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 completion of the transaction, the vice president owned 76,400 shares in the company, valued at $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP David M. Silverman sold 120,000 shares of the firm’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 transaction of $16,940,400.00. Following the completion of the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 983,194 shares of company stock valued at $136,884,445 in the last 90 days. 1.67% of the stock is currently owned by company insiders.

Amphenol Trading Up 0.7%

Shares of APH stock opened at $138.76 on Friday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37. The company has a 50-day simple moving average of $131.09 and a two-hundred day simple moving average of $111.61. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The company has a market capitalization of $169.85 billion, a price-to-earnings ratio of 46.25, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion during 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%.Amphenol’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the prior 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. Research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be issued a $0.25 dividend. 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 dividend yield of 0.7%. Amphenol’s payout ratio is presently 33.33%.

About Amphenol

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.