Triasima Portfolio Management inc. Makes New $1.41 Million Investment in Amphenol Corporation $APH

Triasima Portfolio Management inc. purchased a new stake in shares of Amphenol Corporation (NYSE:APH) in the third quarter, HoldingsChannel.com reports. The institutional investor purchased 11,378 shares of the electronics maker’s stock, valued at approximately $1,408,000.

Several other institutional investors also recently bought and sold shares of the company. Grant Private Wealth Management Inc purchased a new position in shares of Amphenol during the 3rd quarter valued at about $515,000. Motive Wealth Advisors purchased a new position in Amphenol in the 2nd quarter worth approximately $215,000. LeConte Wealth Management LLC bought a new stake in Amphenol in the 2nd quarter worth approximately $399,000. IFP Advisors Inc raised its position in shares of Amphenol by 43.1% during the 2nd quarter. IFP Advisors Inc now owns 24,397 shares of the electronics maker’s stock valued at $2,417,000 after buying an additional 7,347 shares in the last quarter. Finally, Advyzon Investment Management LLC raised its holdings in Amphenol by 101.6% during the 2nd quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock valued at $598,000 after buying an additional 3,051 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Stock Down 0.9%

APH opened at $153.06 on Tuesday. The company has a fifty day moving average of $138.32 and a two-hundred day moving average of $124.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $156.28. The stock has a market capitalization of $187.35 billion, a price-to-earnings ratio of 51.02, a PEG ratio of 0.97 and a beta of 1.21.

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, topping analysts’ consensus estimates of $0.79 by $0.14. The company had revenue of $6.19 billion during 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%.Amphenol’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. On average, research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.25 per share. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date was Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s dividend payout ratio (DPR) is presently 33.33%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. US Capital Advisors set a $165.00 price objective on Amphenol in a report on Friday, January 9th. Truist Financial set a $182.00 price objective on shares of Amphenol in a report on Tuesday, January 13th. UBS Group reiterated a “buy” rating and issued a $174.00 target price (up from $152.00) on shares of Amphenol in a report on Wednesday, January 14th. Fox Advisors restated an “outperform” rating on shares of Amphenol in a report on Friday, January 9th. Finally, Barclays raised shares of Amphenol from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $143.00 to $156.00 in a research report on Monday, January 12th. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $146.46.

Insiders Place Their Bets

In other Amphenol 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 SEC, which is accessible through this hyperlink. Also, VP Lance E. D’amico sold 120,000 shares of Amphenol stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the sale, the vice president directly owned 76,400 shares in the company, valued at approximately $10,696,764. This trade represents a 61.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by corporate insiders.

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.