Amphenol Corporation $APH is Guinness Atkinson Asset Management Inc’s 2nd Largest Position

Guinness Atkinson Asset Management Inc trimmed its position in shares of Amphenol Corporation (NYSE:APH) by 13.7% during the second quarter, Holdings Channel.com reports. The fund owned 95,178 shares of the electronics maker’s stock after selling 15,078 shares during the quarter. Amphenol comprises 4.9% of Guinness Atkinson Asset Management Inc’s portfolio, making the stock its 2nd biggest holding. Guinness Atkinson Asset Management Inc’s holdings in Amphenol were worth $9,399,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in APH. Opal Wealth Advisors LLC purchased a new position in Amphenol during the second quarter worth about $25,000. Hilltop National Bank bought a new position in shares of Amphenol during the 2nd quarter worth approximately $35,000. Hughes Financial Services LLC purchased a new position in shares of Amphenol in the 1st quarter worth approximately $25,000. Avalon Trust Co boosted its stake in shares of Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after buying an additional 232 shares during the last quarter. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Amphenol in the first quarter valued at approximately $28,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on APH. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Friday. Evercore ISI raised their price objective on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Finally, Barclays initiated coverage on shares of Amphenol in a research report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 target price for the company. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $129.77.

Insider Buying and Selling

In other news, insider William J. Doherty sold 113,000 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Corporate insiders own 1.67% of the company’s stock.

Amphenol Stock Down 1.1%

APH opened at $133.80 on Monday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $137.65. The company has a market cap of $163.35 billion, a PE ratio of 44.60, a price-to-earnings-growth ratio of 1.51 and a beta of 1.17. 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 company has a 50 day moving average of $119.39 and a 200 day moving average of $100.97.

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

Amphenol Increases Dividend

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