Mayfair Advisory Group LLC Sells 392 Shares of Amphenol Corporation $APH

Mayfair Advisory Group LLC lowered its stake in shares of Amphenol Corporation (NYSE:APH) by 12.3% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,807 shares of the electronics maker’s stock after selling 392 shares during the period. Mayfair Advisory Group LLC’s holdings in Amphenol were worth $277,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APH. Harfst & Associates Inc. boosted its stake in Amphenol by 46.0% during the second quarter. Harfst & Associates Inc. now owns 22,976 shares of the electronics maker’s stock worth $2,269,000 after buying an additional 7,242 shares in the last quarter. Vinva Investment Management Ltd increased its stake in Amphenol by 28.2% in the second quarter. Vinva Investment Management Ltd now owns 78,393 shares of the electronics maker’s stock valued at $7,657,000 after acquiring an additional 17,225 shares during the period. Employees Retirement System of Texas acquired a new position in Amphenol in the second quarter worth about $10,567,000. Inceptionr LLC bought a new position in Amphenol during the second quarter worth about $910,000. Finally, J.W. Cole Advisors Inc. grew its stake in shares of Amphenol by 136.3% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 20,461 shares of the electronics maker’s stock valued at $2,020,000 after purchasing an additional 11,801 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Barclays boosted their price target on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. UBS Group set a $152.00 price target on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Evercore ISI boosted their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Robert W. Baird set a $139.00 target price on Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Finally, Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $131.54.

Amphenol Stock Performance

Shares of Amphenol stock opened at $138.76 on Thursday. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $144.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The stock has a market capitalization of $169.85 billion, a price-to-earnings ratio of 46.25, a PEG ratio of 1.58 and a beta of 1.20. The firm has a fifty day moving average of $130.76 and a two-hundred day moving average of $111.42.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The business 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 firm’s revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm 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 is a boost from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio is presently 33.33%.

Insider Transactions at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 258,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $143.20, for a total value of $36,945,600.00. Following the sale, the chief financial officer owned 167,695 shares in the company, valued at approximately $24,013,924. The trade was a 60.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Luc Walter sold 365,118 shares of the business’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 sale, the insider directly owned 433,742 shares in the company, valued at $58,403,360.30. This trade represents a 45.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 983,194 shares of company stock valued at $136,884,445. Insiders own 1.67% of the company’s stock.

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.