SG Americas Securities LLC Sells 195,880 Shares of Amphenol Corporation $APH

SG Americas Securities LLC reduced its position in Amphenol Corporation (NYSE:APH) by 92.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,534 shares of the electronics maker’s stock after selling 195,880 shares during the quarter. SG Americas Securities LLC’s holdings in Amphenol were worth $2,046,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Opal Wealth Advisors LLC purchased a new position in Amphenol during the 2nd quarter valued at $25,000. Financial Management Professionals Inc. increased its stake in Amphenol by 82.6% in the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares during the period. Riggs Asset Managment Co. Inc. lifted its position in shares of Amphenol by 200.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Howard Hughes Medical Institute purchased a new stake in shares of Amphenol during the second quarter valued at $26,000. Finally, Alpine Bank Wealth Management bought a new position in shares of Amphenol in the third quarter worth about $30,000. Hedge funds and other 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 Amphenol stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. The trade was a 61.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Craig A. Lampo sold 258,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the sale, the chief financial officer directly owned 167,695 shares of the company’s stock, valued at $24,013,924. The trade was a 60.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,063,194 shares of company stock valued at $148,244,445 in the last three months. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Performance

Shares of APH stock opened at $146.76 on Thursday. The firm has a market cap of $179.64 billion, a price-to-earnings ratio of 48.92, a PEG ratio of 0.96 and a beta of 1.21. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $149.11. 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 company’s 50 day moving average is $137.47 and its 200 day moving average is $122.95.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter last year, the firm earned $0.50 EPS. The business’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 and its Q4 2025 guidance at 0.890-0.910 EPS. On average, sell-side analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date was Tuesday, December 16th. Amphenol’s payout ratio is presently 33.33%.

Analyst Upgrades and Downgrades

APH has been the subject of a number of research analyst reports. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Fox Advisors reaffirmed an “outperform” rating on shares of Amphenol in a research note on Friday, January 9th. The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Barclays upgraded Amphenol from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $143.00 to $156.00 in a report on Monday. Finally, Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Eleven investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $144.23.

Amphenol Company 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.