Country Trust Bank Has $79.87 Million Position in Amphenol Corporation $APH

Country Trust Bank lowered its stake in shares of Amphenol Corporation (NYSE:APH) by 1.4% in the second quarter, Holdings Channel reports. The firm owned 808,848 shares of the electronics maker’s stock after selling 11,424 shares during the period. Amphenol comprises about 1.8% of Country Trust Bank’s holdings, making the stock its 12th biggest position. Country Trust Bank’s holdings in Amphenol were worth $79,874,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of APH. Opal Wealth Advisors LLC acquired a new stake in shares of Amphenol in the second quarter worth $25,000. Avalon Trust Co raised its holdings in Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after acquiring an additional 232 shares during the period. N.E.W. Advisory Services LLC acquired a new position in Amphenol during the 1st quarter worth $28,000. Saudi Central Bank bought a new stake in Amphenol during the first quarter valued at about $31,000. Finally, Ransom Advisory Ltd bought a new stake in Amphenol during the first quarter valued at about $33,000. Institutional investors own 97.01% of the company’s stock.

Insider Activity at Amphenol

In related news, insider Luc Walter sold 365,118 shares of the stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the transaction, the insider owned 433,742 shares of the company’s stock, valued at $58,403,360.30. This represents a 45.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction that occurred 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 sale, the vice president directly owned 12,500 shares in the company, valued at $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 983,194 shares of company stock worth $136,884,445 in the last ninety days. Company insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Shares of APH stock opened at $137.79 on Wednesday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37. The company has a market capitalization of $168.67 billion, a P/E ratio of 45.93, a P/E/G ratio of 1.58 and a beta of 1.20. The stock has a 50 day moving average of $130.35 and a two-hundred day moving average of $111.23. 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 (NYSE:APH) last released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The business 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%.Amphenol’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.50 earnings per share. 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, equities analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm 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 $0.25 dividend. 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 a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is currently 33.33%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Evercore ISI lifted their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Finally, UBS Group set a $152.00 target price on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Ten equities 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, the stock currently has a consensus 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.