Wealthspire Advisors LLC Acquires 778 Shares of Amphenol Corporation $APH

Wealthspire Advisors LLC lifted its stake in Amphenol Corporation (NYSE:APH) by 12.2% during the 2nd quarter, Holdings Channel reports. The firm owned 7,141 shares of the electronics maker’s stock after acquiring an additional 778 shares during the period. Wealthspire Advisors LLC’s holdings in Amphenol were worth $705,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Opal Wealth Advisors LLC bought a new position in Amphenol during the second quarter worth about $25,000. Hilltop National Bank acquired a new position in Amphenol during the second quarter valued at approximately $35,000. Avalon Trust Co raised its holdings in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 232 shares during the period. N.E.W. Advisory Services LLC acquired a new position in shares of Amphenol in the 1st quarter valued at $28,000. Finally, Saudi Central Bank bought a new stake in shares of Amphenol in the 1st quarter valued at $31,000. Institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Craig A. Lampo sold 40,076 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total value 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 trade represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $134.65, for a total value of $49,163,138.70. Following the transaction, the insider directly owned 433,742 shares in the company, valued at $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,123,270 shares of company stock worth $152,357,247 in the last three months. Insiders own 1.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on APH. JPMorgan Chase & Co. lifted their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Citigroup increased their target price on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note 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 report on Thursday, November 13th. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and a consensus target price of $131.54.

Amphenol Stock Performance

APH opened at $131.64 on Friday. The business’s 50-day simple moving average is $129.61 and its 200 day simple moving average is $110.01. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The firm has a market capitalization of $161.13 billion, a PE ratio of 43.88, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business’s revenue was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the business 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 expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is presently 33.33%.

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.