Hunter Associates Investment Management LLC boosted its stake in Amphenol Corporation (NYSE:APH – Free Report) by 3.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,941 shares of the electronics maker’s stock after acquiring an additional 643 shares during the period. Hunter Associates Investment Management LLC’s holdings in Amphenol were worth $1,965,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in APH. Hughes Financial Services LLC acquired a new position in shares of Amphenol in the 1st quarter worth approximately $25,000. Opal Wealth Advisors LLC bought a new stake in Amphenol during the second quarter valued at $25,000. Avalon Trust Co increased its stake in Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in Amphenol during the first quarter valued at $28,000. Finally, Saudi Central Bank bought a new stake in Amphenol during the first quarter valued at $31,000. 97.01% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Amphenol
In related news, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares in the company, valued at $13,880,498.85. This represents a 61.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. This represents a 61.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,231,042 shares of company stock worth $150,616,896 over the last ninety days. Insiders own 1.67% of the company’s stock.
Amphenol Stock Performance
Amphenol (NYSE:APH – Get Free Report) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. Amphenol’s 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. Q4 2025 guidance at 0.890-0.910 EPS. Sell-side analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.
Amphenol Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given a $0.25 dividend. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is currently 33.33%.
Analyst Ratings Changes
Several analysts have weighed in on the stock. Truist Financial boosted their target price on shares of Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. boosted their target price 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. Evercore ISI boosted their target price on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research note on Friday, July 11th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $129.77.
View Our Latest Stock Report on Amphenol
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.
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