FUKOKU MUTUAL LIFE INSURANCE Co Lowers Position in Amphenol Corporation $APH

FUKOKU MUTUAL LIFE INSURANCE Co lessened its stake in shares of Amphenol Corporation (NYSE:APH) by 18.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,220 shares of the electronics maker’s stock after selling 1,167 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Amphenol were worth $515,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the 2nd quarter valued at approximately $25,000. Hilltop National Bank bought a new stake in Amphenol during the 2nd quarter worth approximately $35,000. Avalon Trust Co lifted its holdings in Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Amphenol in the first quarter worth approximately $28,000. Finally, Saudi Central Bank purchased a new stake in shares of Amphenol in the first quarter worth $31,000. Institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at Amphenol

In other Amphenol news, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction on Monday, November 3rd. The shares were 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 of the company’s stock, valued at $1,764,625. This trade represents a 90.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Lance E. D’amico sold 120,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the sale, the vice president owned 76,400 shares in the company, valued at approximately $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,323,118 shares of company stock valued at $174,426,462 in the last 90 days. Company insiders own 1.67% of the company’s stock.

Amphenol Trading Up 3.0%

Shares of Amphenol stock opened at $136.42 on Thursday. Amphenol Corporation has a twelve month low of $56.45 and a twelve month 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 business has a 50-day moving average price of $129.13 and a 200-day moving average price of $109.50. The firm has a market cap of $166.99 billion, a price-to-earnings ratio of 45.47, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last posted 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 company had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the previous year, the business earned $0.50 earnings per share. The firm’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. Equities research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal 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 given a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is currently 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.