Oak Family Advisors LLC Sells 15,731 Shares of Amphenol Corporation $APH

Oak Family Advisors LLC lowered its position in Amphenol Corporation (NYSE:APH) by 23.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,995 shares of the electronics maker’s stock after selling 15,731 shares during the quarter. Amphenol makes up about 1.5% of Oak Family Advisors LLC’s portfolio, making the stock its 16th biggest position. Oak Family Advisors LLC’s holdings in Amphenol were worth $6,187,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the 2nd quarter worth $25,000. Financial Management Professionals Inc. lifted 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 acquiring an additional 90 shares during the period. Riggs Asset Managment Co. Inc. grew its holdings in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares in the last quarter. Howard Hughes Medical Institute purchased a new position in Amphenol during the 2nd quarter valued at about $26,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of Amphenol in the 3rd quarter valued at about $30,000. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Luc Walter sold 365,118 shares of the firm’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 sale, the insider directly owned 433,742 shares of the company’s stock, valued at $58,403,360.30. This trade represents a 45.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total value of $11,360,000.00. The disclosure for this sale is available in the SEC filing. Insiders sold 1,063,194 shares of company stock valued at $148,244,445 in the last 90 days. 1.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on APH shares. JPMorgan Chase & Co. increased 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. Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Evercore ISI raised their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. Ten investment 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, the stock has an average rating of “Moderate Buy” and an average target price of $134.08.

Amphenol Trading Down 2.0%

Shares of Amphenol stock opened at $136.19 on Friday. The firm’s 50 day simple moving average is $136.98 and its two-hundred day simple moving average is $121.41. The firm has a market capitalization of $166.70 billion, a price-to-earnings ratio of 45.40, a PEG ratio of 0.90 and a beta of 1.21. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $144.37. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57.

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, beating the consensus estimate of $0.79 by $0.14. The firm had revenue of $6.19 billion for 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%.The firm’s revenue was up 53.4% on a year-over-year basis. During the same period in the prior year, the firm 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. Analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

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