Amphenol Corporation $APH Shares Acquired by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC lifted its stake in Amphenol Corporation (NYSE:APH) by 6.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 106,522 shares of the electronics maker’s stock after buying an additional 6,277 shares during the quarter. Amphenol makes up 1.2% of Turtle Creek Wealth Advisors LLC’s holdings, making the stock its 21st largest position. Turtle Creek Wealth Advisors LLC’s holdings in Amphenol were worth $13,182,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new stake in shares of Amphenol during the 2nd quarter worth approximately $25,000. Financial Management Professionals Inc. boosted its holdings in Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. grew its position in 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 period. Howard Hughes Medical Institute purchased a new position in Amphenol in the second quarter valued at $26,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of Amphenol in the third quarter worth about $30,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. US Capital Advisors set a $165.00 price target on Amphenol in a research note on Friday, January 9th. Evercore ISI boosted 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. UBS Group reiterated a “buy” rating and set a $174.00 target price (up previously from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. Truist Financial set a $182.00 price target on shares of Amphenol in a research note on Tuesday, January 13th. Finally, Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $146.46.

Amphenol Stock Up 0.2%

NYSE APH opened at $154.57 on Tuesday. The business has a fifty day moving average price of $138.32 and a 200 day moving average price of $124.30. 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 company has a market cap of $189.20 billion, a P/E ratio of 51.52, a P/E/G ratio of 0.97 and a beta of 1.21. Amphenol Corporation has a one year low of $56.45 and a one year high of $156.28.

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 analysts’ consensus estimates of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th were issued 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 dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, December 16th. Amphenol’s payout ratio is 33.33%.

Insider Activity

In other news, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,063,194 shares of company stock valued at $148,244,445 in the last 90 days. 1.67% of the stock is owned by insiders.

Amphenol 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.