Commonwealth of Pennsylvania Public School Empls Retrmt SYS Purchases 19,702 Shares of Amphenol Corporation $APH

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Amphenol Corporation (NYSE:APH) by 7.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 296,661 shares of the electronics maker’s stock after purchasing an additional 19,702 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Amphenol were worth $29,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. CENTRAL TRUST Co raised its holdings in Amphenol by 9.4% during the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock valued at $113,000 after acquiring an additional 98 shares during the period. Tranquility Partners LLC raised its stake in Amphenol by 0.8% during the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after purchasing an additional 107 shares during the period. EWA LLC lifted its holdings in Amphenol by 2.3% in the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock worth $514,000 after purchasing an additional 115 shares in the last quarter. Coign Capital Advisors LLC boosted its stake in Amphenol by 1.1% in the 2nd quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker’s stock worth $1,043,000 after purchasing an additional 116 shares during the period. Finally, Mather Group LLC. grew its holdings in Amphenol by 0.5% during the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock valued at $2,261,000 after buying an additional 118 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Insider Transactions at Amphenol

In related news, 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 transaction of $16,801,200.00. Following the completion of the transaction, the vice president directly owned 76,400 shares of the company’s stock, valued at approximately $10,696,764. The trade was a 61.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David M. Silverman sold 120,000 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the completion of the sale, the vice president directly owned 12,500 shares in the company, valued at $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,423,118 shares of company stock worth $185,486,462. 1.67% of the stock is currently owned by insiders.

Amphenol Trading Down 1.4%

APH opened at $133.33 on Friday. The stock has a 50-day moving average of $128.04 and a 200 day moving average of $108.35. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37. The firm has a market cap of $163.20 billion, a P/E ratio of 44.44, a P/E/G ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (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 business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period last year, the company earned $0.50 EPS. The company’s revenue for the quarter 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 forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is currently 33.33%.

Analyst Ratings Changes

APH has been the topic of several research analyst reports. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Truist Financial raised their price objective on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Citigroup lifted 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 price target on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $131.54.

Amphenol Company 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.