Police & Firemen s Retirement System of New Jersey Raises Stock Position in Amphenol Corporation $APH

Police & Firemen s Retirement System of New Jersey raised its holdings in shares of Amphenol Corporation (NYSE:APH) by 6.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,036 shares of the electronics maker’s stock after acquiring an additional 10,905 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Amphenol were worth $18,075,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new stake in Amphenol during the 2nd quarter valued at approximately $25,000. Avalon Trust Co grew its holdings in Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after buying an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol during the first quarter valued at approximately $28,000. Saudi Central Bank purchased a new position in shares of Amphenol in the first quarter worth $31,000. Finally, Ransom Advisory Ltd bought a new position in shares of Amphenol during the first quarter worth $33,000. Institutional investors own 97.01% of the company’s stock.

Analysts Set New Price Targets

APH has been the topic of a number of research reports. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. raised their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Truist Financial increased their price target on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Barclays initiated coverage on Amphenol in a research note on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price objective on the stock. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.77.

Amphenol Trading Down 1.1%

Shares of NYSE APH opened at $141.83 on Thursday. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The business’s 50 day moving average is $127.13 and its two-hundred day moving average is $107.54. The stock has a market capitalization of $173.61 billion, a P/E ratio of 47.28, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $5.54 billion. During the same quarter in the previous year, the business earned $0.50 EPS. The company’s quarterly revenue was up 53.4% on a year-over-year basis. 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, research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

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

Insiders Place Their Bets

In other news, insider Luc Walter sold 365,118 shares of the firm’s stock in a transaction dated 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 sale, the insider owned 433,742 shares in the company, valued at approximately $58,403,360.30. This trade represents a 45.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the transaction, the vice president owned 12,500 shares in the company, valued at $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 1,125,042 shares of company stock valued at $142,789,956. 1.67% of the stock is currently owned by company insiders.

Amphenol Profile

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.