Ignite Planners LLC Invests $242,000 in Amphenol Corporation $APH

Ignite Planners LLC acquired a new stake in Amphenol Corporation (NYSE:APH) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,339 shares of the electronics maker’s stock, valued at approximately $242,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in APH. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Amphenol by 196.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock worth $1,098,190,000 after buying an additional 11,092,282 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Amphenol by 639.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker’s stock valued at $574,500,000 after acquiring an additional 7,573,750 shares during the period. Nuveen LLC acquired a new stake in shares of Amphenol in the first quarter valued at about $476,842,000. Wellington Management Group LLP increased its stake in shares of Amphenol by 73.5% in the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after purchasing an additional 5,154,860 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Amphenol by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Down 4.7%

Shares of APH opened at $135.28 on Friday. 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 company has a 50-day moving average price of $127.59 and a two-hundred day moving average price of $107.73. The stock has a market cap of $165.59 billion, a price-to-earnings ratio of 45.09, a P/E/G ratio of 1.58 and a beta of 1.20. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business’s revenue was up 53.4% compared to the same quarter last year. During the same period 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. Equities analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid a $0.25 dividend. 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 of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is presently 33.33%.

Insider Activity at Amphenol

In other news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Luc Walter sold 365,118 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 433,742 shares in the company, valued at approximately $58,403,360.30. This trade represents a 45.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,423,118 shares of company stock valued at $185,486,462. 1.67% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on APH. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Truist Financial upped their target price on shares of Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, UBS Group set a $152.00 target price on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $131.54.

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.