Amphenol Corporation $APH Shares Sold by Lazard Freres Gestion S.A.S.

Lazard Freres Gestion S.A.S. decreased its position in Amphenol Corporation (NYSE:APH) by 9.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 835,479 shares of the electronics maker’s stock after selling 83,170 shares during the quarter. Amphenol accounts for about 2.0% of Lazard Freres Gestion S.A.S.’s investment portfolio, making the stock its 14th largest holding. Lazard Freres Gestion S.A.S. owned approximately 0.07% of Amphenol worth $103,390,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Grant Private Wealth Management Inc acquired a new position in shares of Amphenol in the third quarter worth about $515,000. Motive Wealth Advisors purchased a new stake in Amphenol during the 2nd quarter worth approximately $215,000. LeConte Wealth Management LLC acquired a new position in shares of Amphenol in the 2nd quarter valued at approximately $399,000. IFP Advisors Inc boosted its stake in shares of Amphenol by 43.1% during 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 during the last quarter. Finally, Advyzon Investment Management LLC grew its position in shares of Amphenol by 101.6% during the second 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 in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Craig A. Lampo sold 40,076 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the transaction, the chief financial officer owned 39,884 shares of the company’s stock, valued at approximately $5,723,354. The trade was a 50.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Luc Walter sold 365,118 shares of the company’s stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the transaction, the insider owned 433,742 shares of the company’s stock, valued at $58,403,360.30. This represents a 45.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 owned by corporate insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on APH. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their target price for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Citigroup increased their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. UBS Group set a $152.00 price objective on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, JPMorgan Chase & Co. increased their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $134.08.

Amphenol Price Performance

APH opened at $135.16 on Friday. 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 price is $136.78 and its 200 day moving average price is $119.82. 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 cap of $165.44 billion, a price-to-earnings ratio of 45.05, a price-to-earnings-growth ratio of 1.06 and a beta of 1.21.

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

Amphenol Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a $0.25 dividend. 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%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s dividend payout ratio is 33.33%.

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.