Amphenol Corporation $APH Position Increased by Western Wealth Management LLC

Western Wealth Management LLC boosted its stake in shares of Amphenol Corporation (NYSE:APH) by 14.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,970 shares of the electronics maker’s stock after purchasing an additional 752 shares during the quarter. Western Wealth Management LLC’s holdings in Amphenol were worth $590,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the second quarter worth about $25,000. Avalon Trust Co boosted its stake 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 purchasing an additional 232 shares during the period. N.E.W. Advisory Services LLC acquired a new stake in shares of Amphenol in the first quarter valued at approximately $28,000. Saudi Central Bank bought a new stake in shares of Amphenol during the first quarter valued at approximately $31,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Amphenol during the first quarter worth approximately $33,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on APH shares. UBS Group set a $152.00 target price on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, Evercore ISI boosted their price target on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Ten 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 company currently has an average rating of “Moderate Buy” and a consensus target price of $131.54.

Amphenol Price Performance

NYSE:APH opened at $132.21 on Tuesday. 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 business’s 50-day moving average price is $128.48 and its 200 day moving average price is $108.95. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37. The firm has a market cap of $161.83 billion, a P/E ratio of 44.07, a PEG 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 for the quarter, beating the consensus estimate of $0.79 by $0.14. The company 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%. The business’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same quarter last 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. As a group, 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 declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be issued 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 dividend payout ratio is currently 33.33%.

Insider Activity at Amphenol

In other news, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the sale, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at $5,723,354. This represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,323,118 shares of company stock worth $174,426,462. 1.67% of the stock is owned by corporate insiders.

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.