Shilanski & Associates Inc. Invests $3.05 Million in Amphenol Corporation $APH

Shilanski & Associates Inc. acquired a new stake in Amphenol Corporation (NYSE:APH) in the 3rd quarter, Holdings Channel reports. The fund acquired 24,649 shares of the electronics maker’s stock, valued at approximately $3,050,000.

Other institutional investors also recently bought and sold shares of the company. Financial Management Professionals Inc. grew its position in Amphenol by 82.6% during the 3rd 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 last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Amphenol during the second quarter worth $25,000. Riggs Asset Managment Co. Inc. grew its holdings 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 valued at $25,000 after buying an additional 168 shares during the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Amphenol in the 2nd quarter valued at $26,000. Finally, Evolution Wealth Management Inc. purchased a new position in Amphenol in the 2nd quarter worth $31,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Down 0.5%

APH stock opened at $136.21 on Wednesday. Amphenol Corporation has a one year low of $56.45 and a one year 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. The firm’s fifty day moving average is $136.67 and its 200 day moving average is $119.60. The firm has a market cap 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 (NYSE:APH) last posted 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 business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the company posted $0.50 EPS. The company’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, research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

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

Insiders Place Their Bets

In related news, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the sale, the insider owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the transaction, the vice president directly owned 76,400 shares in the company, valued at approximately $10,696,764. The trade was a 61.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on APH shares. Evercore ISI boosted 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. Truist Financial upped their target price on Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, December 19th. UBS Group set a $152.00 price target on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Finally, Barclays increased their price objective on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average 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.