Biltmore Family Office LLC Takes $205,000 Position in Amphenol Corporation $APH

Biltmore Family Office LLC purchased a new stake in Amphenol Corporation (NYSE:APH) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,076 shares of the electronics maker’s stock, valued at approximately $205,000.

A number of other institutional investors also recently modified their holdings of the company. Austin Private Wealth LLC bought a new position in shares of Amphenol in the second quarter valued at approximately $226,000. New York Life Investment Management LLC raised its position in shares of Amphenol by 1.6% in the second quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock valued at $16,242,000 after purchasing an additional 2,535 shares during the period. Trust Investment Advisors bought a new position in shares of Amphenol in the second quarter valued at approximately $312,000. Howard Capital Management Inc. raised its position in shares of Amphenol by 15.4% in the second quarter. Howard Capital Management Inc. now owns 7,461 shares of the electronics maker’s stock valued at $738,000 after purchasing an additional 997 shares during the period. Finally, SYM FINANCIAL Corp raised its position in shares of Amphenol by 19.8% in the second quarter. SYM FINANCIAL Corp now owns 9,184 shares of the electronics maker’s stock valued at $907,000 after purchasing an additional 1,519 shares during the period. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Up 1.0%

APH opened at $137.29 on Wednesday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $137.65. 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’s fifty day moving average price is $120.43 and its two-hundred day moving average price is $101.97. The company has a market capitalization of $168.05 billion, a P/E ratio of 45.76, a P/E/G ratio of 1.54 and a beta of 1.17.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the previous year, the company earned $0.50 earnings per share. The business’s revenue was up 53.4% compared to the same quarter last year. 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 year.

Amphenol Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid 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 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio is presently 22.00%.

Insider Activity

In other Amphenol news, VP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction 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 sale, the vice president owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Luc Walter sold 365,118 shares of Amphenol 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 sale, the insider owned 433,742 shares in the company, valued at $58,403,360.30. This represents a 45.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,031,042 shares of company stock valued at $122,532,496. 1.67% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the stock 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 boosted their target price for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Barclays assumed 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 on the stock. Citigroup boosted their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $129.77.

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.