Generate Investment Management Ltd Sells 83,661 Shares of Amphenol Corporation $APH

Generate Investment Management Ltd decreased its position in shares of Amphenol Corporation (NYSE:APH) by 38.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 134,240 shares of the electronics maker’s stock after selling 83,661 shares during the period. Generate Investment Management Ltd’s holdings in Amphenol were worth $16,612,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Ascent Group LLC grew its position in Amphenol by 105.4% during the 3rd quarter. Ascent Group LLC now owns 22,563 shares of the electronics maker’s stock worth $2,792,000 after acquiring an additional 11,580 shares during the last quarter. McGlone Suttner Wealth Management Inc. boosted its stake in Amphenol by 33.1% in the third quarter. McGlone Suttner Wealth Management Inc. now owns 4,083 shares of the electronics maker’s stock worth $505,000 after purchasing an additional 1,015 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Amphenol by 1.8% during the third quarter. Sivia Capital Partners LLC now owns 8,113 shares of the electronics maker’s stock worth $1,004,000 after purchasing an additional 141 shares during the last quarter. Diversified Trust Co increased its stake in shares of Amphenol by 38.7% in the third quarter. Diversified Trust Co now owns 8,290 shares of the electronics maker’s stock valued at $1,026,000 after buying an additional 2,314 shares in the last quarter. Finally, Segment Wealth Management LLC raised its holdings in shares of Amphenol by 0.3% in the third quarter. Segment Wealth Management LLC now owns 149,425 shares of the electronics maker’s stock valued at $18,491,000 after buying an additional 458 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Price Performance

APH opened at $136.21 on Wednesday. The company has a fifty day moving average price of $136.67 and a two-hundred day moving average price of $119.60. The firm has a market capitalization of $166.73 billion, a PE ratio of 45.40, a P/E/G ratio of 1.08 and a beta of 1.19. 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.

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

Amphenol Increases Dividend

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

Analysts Set New Price Targets

A number of brokerages have commented on APH. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Barclays increased their price target on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. The Goldman Sachs Group set a $154.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Finally, 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. Ten 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, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $134.08.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by corporate insiders.

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.