North Point Portfolio Managers Corp OH Reduces Stock Holdings in Amphenol Corporation $APH

North Point Portfolio Managers Corp OH lessened its stake in shares of Amphenol Corporation (NYSE:APH) by 1.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 311,074 shares of the electronics maker’s stock after selling 5,694 shares during the period. Amphenol comprises about 6.4% of North Point Portfolio Managers Corp OH’s portfolio, making the stock its largest holding. North Point Portfolio Managers Corp OH’s holdings in Amphenol were worth $38,495,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Grant Private Wealth Management Inc acquired a new stake in shares of Amphenol in the third quarter worth $515,000. Motive Wealth Advisors bought a new stake in Amphenol in the 2nd quarter valued at $215,000. LeConte Wealth Management LLC acquired a new stake in Amphenol in the 2nd quarter worth $399,000. IFP Advisors Inc increased its holdings in shares of Amphenol by 43.1% during the 2nd quarter. IFP Advisors Inc now owns 24,397 shares of the electronics maker’s stock worth $2,417,000 after purchasing an additional 7,347 shares during the period. Finally, Advyzon Investment Management LLC raised its position in shares of Amphenol by 101.6% during the second quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock valued at $598,000 after buying an additional 3,051 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Down 1.8%

APH opened at $138.88 on Thursday. The firm has a market cap of $169.99 billion, a price-to-earnings ratio of 46.29, a PEG ratio of 0.92 and a beta of 1.21. 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’s 50-day simple moving average is $137.04 and its 200-day simple moving average is $121.31. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $144.37.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $6.19 billion for 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 company’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its 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 firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is 33.33%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on APH. UBS Group set a $152.00 target price on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Truist Financial raised their target price on Amphenol from $147.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Citigroup boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Barclays lifted their target price on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.08.

Insider Transactions at Amphenol

In related news, VP Lance E. D’amico sold 120,000 shares of Amphenol stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the transaction, the vice president directly owned 76,400 shares of the company’s stock, valued at $10,696,764. The trade was a 61.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP David M. Silverman sold 120,000 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,764,625. This represents a 90.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is owned by company insiders.

Amphenol Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.