Nisa Investment Advisors LLC Sells 29,498 Shares of Amphenol Corporation $APH

Nisa Investment Advisors LLC lowered its stake in shares of Amphenol Corporation (NYSE:APH) by 5.6% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 501,947 shares of the electronics maker’s stock after selling 29,498 shares during the period. Nisa Investment Advisors LLC’s holdings in Amphenol were worth $62,199,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Grant Private Wealth Management Inc purchased a new position in shares of Amphenol in the 3rd quarter valued at $515,000. Motive Wealth Advisors bought a new stake in Amphenol during the second quarter valued at about $215,000. LeConte Wealth Management LLC purchased a new position in Amphenol in the second quarter valued at about $399,000. IFP Advisors Inc boosted its holdings in shares of Amphenol by 43.1% in the 2nd quarter. IFP Advisors Inc now owns 24,397 shares of the electronics maker’s stock valued at $2,417,000 after buying an additional 7,347 shares in the last quarter. Finally, Advyzon Investment Management LLC grew its position in shares of Amphenol by 101.6% in the 2nd quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock worth $598,000 after buying an additional 3,051 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Insiders Place Their Bets

In other news, VP Lance E. D’amico sold 120,000 shares of the company’s 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 sale, the vice president owned 76,400 shares in the company, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is currently owned by company insiders.

Amphenol Stock Down 2.0%

Shares of APH stock opened at $136.19 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The firm has a market capitalization of $166.70 billion, a PE ratio of 45.40, a P/E/G ratio of 0.90 and a beta of 1.21. The stock’s 50-day simple moving average is $136.98 and its 200-day simple moving average is $121.41.

Amphenol (NYSE:APH) last issued its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. Amphenol’s quarterly revenue was up 53.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 EPS. 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 analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, December 16th. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Barclays lifted their price target 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. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Robert W. Baird set a $139.00 target price on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Evercore ISI increased their price target on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Finally, JPMorgan Chase & Co. boosted their price target on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $134.08.

About Amphenol

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.