Amphenol Corporation $APH Shares Bought by Portside Wealth Group LLC

Portside Wealth Group LLC grew its stake in Amphenol Corporation (NYSE:APH) by 28.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 9,185 shares of the electronics maker’s stock after buying an additional 2,032 shares during the quarter. Portside Wealth Group LLC’s holdings in Amphenol were worth $907,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Bell Investment Advisors Inc lifted its stake in Amphenol by 19.2% in the second quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker’s stock worth $58,000 after acquiring an additional 95 shares during the last quarter. CENTRAL TRUST Co increased its position in shares of Amphenol by 9.4% in the 2nd quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock valued at $113,000 after purchasing an additional 98 shares during the last quarter. Tranquility Partners LLC raised its holdings in shares of Amphenol by 0.8% in the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after purchasing an additional 107 shares in the last quarter. EWA LLC lifted its position in shares of Amphenol by 2.3% during the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock worth $514,000 after purchasing an additional 115 shares during the last quarter. Finally, Coign Capital Advisors LLC grew its stake in shares of Amphenol by 1.1% during the second quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker’s stock worth $1,043,000 after purchasing an additional 116 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. UBS Group set a $152.00 price objective on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Finally, Evercore ISI lifted their price target on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $131.54.

Insider Transactions at Amphenol

In other Amphenol news, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $134.65, for a total value of $49,163,138.70. Following the sale, the insider 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 transaction, the vice president owned 12,500 shares in the company, valued at $1,764,625. The trade was a 90.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,323,118 shares of company stock valued at $174,426,462 over the last 90 days. Insiders own 1.67% of the company’s stock.

Amphenol Stock Performance

Shares of APH stock opened at $132.38 on Wednesday. The stock has a market capitalization of $162.04 billion, a PE ratio of 44.13, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The stock’s 50-day moving average price is $128.79 and its 200 day moving average price is $109.31. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37.

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

Amphenol Increases Dividend

The company 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 dividend of $0.25 per share. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s dividend payout ratio is currently 33.33%.

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.