Amphenol Corporation $APH is Hall Laurie J Trustee’s 6th Largest Position

Hall Laurie J Trustee cut its holdings in Amphenol Corporation (NYSE:APH) by 14.0% during the third quarter, Holdings Channel reports. The firm owned 74,921 shares of the electronics maker’s stock after selling 12,160 shares during the quarter. Amphenol makes up 3.0% of Hall Laurie J Trustee’s portfolio, making the stock its 6th biggest holding. Hall Laurie J Trustee’s holdings in Amphenol were worth $9,271,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the second quarter worth $25,000. Riggs Asset Managment Co. Inc. lifted its stake in Amphenol by 200.0% in the 2nd 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 in the last quarter. Howard Hughes Medical Institute bought a new position in shares of Amphenol during the 2nd quarter valued at about $26,000. Evolution Wealth Management Inc. purchased a new position in shares of Amphenol during the second quarter valued at about $31,000. Finally, Hilltop National Bank purchased a new position in shares of Amphenol during the second quarter valued at about $35,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Amphenol

In related news, CFO Craig A. Lampo sold 40,076 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the sale, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at approximately $5,723,354. This trade represents a 50.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction 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. The trade was a 90.57% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,063,194 shares of company stock valued at $148,244,445. Company insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

APH has been the topic of a number of research analyst reports. Evercore ISI boosted their target price on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Barclays raised their target price on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.08.

Amphenol Stock Up 4.6%

NYSE APH opened at $135.54 on Monday. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $144.37. The firm has a market capitalization of $165.91 billion, a price-to-earnings ratio of 45.18, a PEG ratio of 1.06 and a beta of 1.19. The company has a fifty day moving average of $135.03 and a two-hundred day moving average of $117.43.

Amphenol (NYSE:APH) last released its 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. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter last year, the business earned $0.50 EPS. The business’s revenue 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, analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

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

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.