Americana Partners LLC Decreases Stake in Amphenol Corporation $APH

Americana Partners LLC trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 0.9% during the second quarter, Holdings Channel reports. The fund owned 63,230 shares of the electronics maker’s stock after selling 600 shares during the quarter. Americana Partners LLC’s holdings in Amphenol were worth $6,244,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of APH. Fidelis Capital Partners LLC boosted its stake in shares of Amphenol by 2.2% during the 2nd quarter. Fidelis Capital Partners LLC now owns 7,610 shares of the electronics maker’s stock valued at $833,000 after buying an additional 163 shares during the last quarter. ProShare Advisors LLC raised its holdings in Amphenol by 5.0% in the second quarter. ProShare Advisors LLC now owns 364,457 shares of the electronics maker’s stock valued at $35,990,000 after acquiring an additional 17,435 shares in the last quarter. Profund Advisors LLC boosted its stake in Amphenol by 5.5% during the 2nd quarter. Profund Advisors LLC now owns 21,988 shares of the electronics maker’s stock valued at $2,171,000 after acquiring an additional 1,141 shares during the last quarter. King Luther Capital Management Corp raised its stake in shares of Amphenol by 1.8% in the 2nd quarter. King Luther Capital Management Corp now owns 30,204 shares of the electronics maker’s stock valued at $2,983,000 after purchasing an additional 520 shares in the last quarter. Finally, Roberts Glore & Co. Inc. IL bought a new position in shares of Amphenol during the second quarter worth about $227,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

NYSE:APH opened at $139.01 on Monday. The company has a 50-day moving average of $125.12 and a 200-day moving average of $106.35. The firm has a market cap of $170.16 billion, a price-to-earnings ratio of 46.34, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $142.50.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the prior year, the business earned $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. Analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Analyst Ratings Changes

Several research analysts have recently commented on the company. 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. JPMorgan Chase & Co. raised their price objective on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Citigroup boosted their target price on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their price target for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Amphenol has an average rating of “Moderate Buy” and an average target price of $129.77.

Insider Activity at Amphenol

In other news, insider Luc Walter sold 365,118 shares of the company’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the completion of the sale, the insider directly owned 433,742 shares of the company’s stock, valued at $58,403,360.30. This represents a 45.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total value of $11,283,200.00. The SEC filing for this sale provides additional information. Insiders sold 1,125,042 shares of company stock valued at $142,789,956 over the last ninety days. Company insiders own 1.67% of the company’s stock.

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.