James Hambro & Partners LLP Sells 184,418 Shares of Amphenol Corporation $APH

James Hambro & Partners LLP lowered its position in shares of Amphenol Corporation (NYSE:APH) by 9.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,821,871 shares of the electronics maker’s stock after selling 184,418 shares during the quarter. Amphenol comprises approximately 8.0% of James Hambro & Partners LLP’s holdings, making the stock its largest holding. James Hambro & Partners LLP owned approximately 0.15% of Amphenol worth $225,466,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of APH. Norges Bank acquired a new stake in shares of Amphenol in the second quarter worth $2,104,244,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Amphenol by 639.0% during the 1st 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 worth $574,500,000 after purchasing an additional 7,573,750 shares during the period. Holocene Advisors LP increased its holdings in Amphenol by 201.2% in the 2nd quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock valued at $381,909,000 after purchasing an additional 2,583,628 shares in the last quarter. AQR Capital Management LLC raised its position in Amphenol by 338.8% in the first quarter. AQR Capital Management LLC now owns 3,275,831 shares of the electronics maker’s stock valued at $212,798,000 after purchasing an additional 2,529,319 shares during the period. Finally, Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of Amphenol during the second quarter worth about $225,757,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Craig A. Lampo sold 258,000 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the completion of the sale, the chief financial officer directly owned 167,695 shares of the company’s stock, valued at $24,013,924. The trade was a 60.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. UBS Group set a $152.00 target price on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Truist Financial boosted their price target on Amphenol from $147.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, December 19th. Barclays boosted their target price on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Finally, Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $134.08.

Amphenol Price Performance

NYSE APH opened at $137.10 on Wednesday. The company has a 50-day moving average price of $135.54 and a two-hundred day moving average price of $118.04. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $144.37. The stock has a market cap of $167.81 billion, a price-to-earnings ratio of 45.70, a price-to-earnings-growth ratio of 1.06 and a beta of 1.19. 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 (NYSE:APH) last released 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. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the previous year, the company posted $0.50 earnings per share. The business’s revenue for the quarter was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. Analysts forecast 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. Stockholders of record on Tuesday, December 16th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s dividend payout ratio (DPR) is currently 33.33%.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.