Hibernia Wealth Partners LLC Makes New Investment in Amphenol Corporation $APH

Hibernia Wealth Partners LLC purchased a new stake in shares of Amphenol Corporation (NYSE:APH) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 4,270 shares of the electronics maker’s stock, valued at approximately $422,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Opal Wealth Advisors LLC purchased a new stake in Amphenol during the second quarter valued at $25,000. Hilltop National Bank purchased a new stake in shares of Amphenol during the 2nd quarter valued at about $35,000. Avalon Trust Co raised its position in shares of 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 purchased a new position in Amphenol in the first quarter worth about $28,000. Finally, Saudi Central Bank bought a new stake in Amphenol during the first quarter worth approximately $31,000. 97.01% of the stock is currently owned by institutional investors.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. 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 Amphenol stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the transaction, the vice president owned 76,400 shares in the company, valued at $10,696,764. This trade represents a 61.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,423,118 shares of company stock valued at $185,486,462 over the last 90 days. Insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Evercore ISI lifted their price objective on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Finally, Citigroup upped their price target on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Trading Down 4.7%

APH opened at $135.28 on Friday. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $144.37. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The stock’s fifty day moving average is $127.59 and its two-hundred day moving average is $107.73. The company has a market capitalization of $165.59 billion, a P/E ratio of 45.09, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released its quarterly earnings data 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. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the firm earned $0.50 earnings per share. The firm’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. Q4 2025 guidance at 0.890-0.910 EPS. Analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a $0.25 dividend. 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 of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is presently 33.33%.

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.