Dorsey & Whitney Trust CO LLC Cuts Stock Position in Amphenol Corporation $APH

Dorsey & Whitney Trust CO LLC cut its stake in shares of Amphenol Corporation (NYSE:APH) by 3.9% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 10,813 shares of the electronics maker’s stock after selling 440 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Amphenol were worth $1,068,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of APH. Brighton Jones LLC boosted its holdings in Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after acquiring an additional 4,721 shares during the last quarter. Bison Wealth LLC increased its position in shares of Amphenol by 8.3% during the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after purchasing an additional 618 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in Amphenol in the 1st quarter valued at $278,000. Finally, Private Advisor Group LLC lifted its holdings in Amphenol by 11.0% in the 1st quarter. Private Advisor Group LLC now owns 41,930 shares of the electronics maker’s stock valued at $2,750,000 after purchasing an additional 4,155 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In related news, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the completion of the transaction, the vice president directly owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the company’s 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. Over the last quarter, insiders have sold 1,323,118 shares of company stock valued at $174,426,462. Corporate insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on APH. JPMorgan Chase & Co. increased their target price on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Barclays raised their target price on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Citigroup lifted their price objective on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, Evercore ISI boosted their price target on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.54.

Amphenol Price Performance

APH stock opened at $132.38 on Wednesday. The business’s fifty day moving average price is $128.79 and its 200 day moving average price is $109.31. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $144.37. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $162.04 billion, a PE ratio of 44.13, a P/E/G ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released its earnings results 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. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the previous year, the company posted $0.50 EPS. Amphenol’s revenue 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. On average, sell-side analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.8%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is 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.