Swedbank AB Sells 318,997 Shares of Amphenol Corporation $APH

Swedbank AB lessened its stake in shares of Amphenol Corporation (NYSE:APH) by 6.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,614,212 shares of the electronics maker’s stock after selling 318,997 shares during the period. Swedbank AB owned about 0.38% of Amphenol worth $571,009,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Optas LLC raised its position in Amphenol by 4.9% during the 3rd quarter. Optas LLC now owns 3,606 shares of the electronics maker’s stock valued at $446,000 after purchasing an additional 169 shares in the last quarter. Vontobel Holding Ltd. grew its position in shares of Amphenol by 33.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 3,760,087 shares of the electronics maker’s stock worth $465,311,000 after buying an additional 944,002 shares in the last quarter. Strong Tower Advisory Services increased its stake in shares of Amphenol by 2.0% during the third quarter. Strong Tower Advisory Services now owns 10,653 shares of the electronics maker’s stock valued at $1,318,000 after buying an additional 209 shares during the period. Plancorp LLC bought a new stake in shares of Amphenol in the third quarter valued at about $214,000. Finally, Net Worth Advisory Group purchased a new stake in Amphenol in the third quarter worth about $203,000. Institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on APH. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Bank of America raised 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 report on Wednesday, October 15th. Citigroup upped their target price on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Evercore ISI increased their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $134.08.

Amphenol Price Performance

Shares of APH opened at $137.10 on Wednesday. The company has a 50 day moving average of $135.54 and a two-hundred day moving average of $118.04. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $144.37. The company 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.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the prior year, the business posted $0.50 EPS. 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. As a group, analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal 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 dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Amphenol’s payout ratio is presently 33.33%.

Insider Activity

In related news, insider Luc Walter sold 365,118 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the transaction, the insider directly owned 433,742 shares of the company’s stock, valued at $58,403,360.30. This trade represents a 45.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $36,945,600.00. Following the sale, the chief financial officer directly owned 167,695 shares in the company, valued at approximately $24,013,924. This represents a 60.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by company insiders.

Amphenol 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.