Rede Wealth LLC Makes New Investment in Amphenol Corporation $APH

Rede Wealth LLC bought a new stake in shares of Amphenol Corporation (NYSE:APH) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 9,459 shares of the electronics maker’s stock, valued at approximately $1,172,000. Amphenol comprises 0.9% of Rede Wealth LLC’s investment portfolio, making the stock its 22nd largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after acquiring an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after buying an additional 4,721 shares during the last quarter. Bison Wealth LLC raised its position in Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in Amphenol by 104.2% during the 1st quarter. CreativeOne Wealth LLC now owns 14,042 shares of the electronics maker’s stock valued at $921,000 after acquiring an additional 7,164 shares during the period. Finally, Landscape Capital Management L.L.C. boosted its holdings in Amphenol by 178.2% in the first quarter. Landscape Capital Management L.L.C. now owns 24,185 shares of the electronics maker’s stock worth $1,586,000 after purchasing an additional 15,491 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on APH shares. Barclays increased their price target on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Truist Financial upped their price objective 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 target price on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Finally, Citigroup lifted their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.08.

Insider Transactions at Amphenol

In other Amphenol news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction that occurred 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 completion of the sale, the vice president directly owned 76,400 shares of the company’s stock, valued at $10,696,764. This trade represents a 61.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 258,000 shares of the business’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $143.20, for a total transaction of $36,945,600.00. Following the completion of the transaction, the chief financial officer directly owned 167,695 shares in the company, valued at $24,013,924. This trade represents a 60.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by corporate insiders.

Amphenol Stock Performance

APH opened at $137.39 on Friday. The company has a 50 day simple moving average of $136.25 and a two-hundred day simple moving average of $118.81. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The firm has a market cap of $168.17 billion, a P/E ratio of 45.80, a PEG ratio of 1.08 and a beta of 1.19. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 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 net margin of 18.22% and a return on equity of 33.46%. The company’s revenue was up 53.4% on a year-over-year basis. During the same period last 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. Equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be given a $0.25 dividend. The ex-dividend date is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s dividend payout ratio (DPR) 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.