R Squared Ltd Makes New Investment in Amphenol Corporation $APH

R Squared Ltd acquired a new stake in shares of Amphenol Corporation (NYSE:APH) in the second quarter, Holdings Channel.com reports. The firm acquired 13,239 shares of the electronics maker’s stock, valued at approximately $1,307,000. Amphenol makes up about 0.7% of R Squared Ltd’s investment portfolio, making the stock its 23rd largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after buying an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after purchasing an additional 4,721 shares during the last quarter. Bison Wealth LLC boosted its stake in Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after acquiring an additional 618 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Amphenol by 10.9% in the 1st quarter. GAMMA Investing LLC now owns 39,430 shares of the electronics maker’s stock valued at $2,586,000 after buying an additional 3,860 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its position in shares of Amphenol by 46.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker’s stock worth $4,589,000 after purchasing an additional 22,293 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Up 5.2%

NYSE APH opened at $135.57 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.46 and a debt-to-equity ratio of 0.57. The company has a market cap of $165.52 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 1.55 and a beta of 1.17. The company has a 50 day moving average of $118.89 and a 200-day moving average of $99.94. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $136.52.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The company’s revenue was up 53.4% on a year-over-year basis. During the same quarter last year, the company earned $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company 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 $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is 26.29%.

Insider Activity

In other news, VP Lance E. D’amico sold 100,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the vice president owned 76,400 shares of the company’s stock, valued at approximately $8,449,840. This represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the transaction, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock valued at $73,369,357 over the last quarter. 1.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on APH. Barclays initiated coverage on Amphenol in a research report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 target price on the stock. JPMorgan Chase & Co. upped their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a report on Friday, July 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Finally, Citigroup boosted their price objective on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol has an average rating of “Moderate Buy” and a consensus price target of $125.00.

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.