Silver Oak Securities Incorporated Buys 4,962 Shares of Amphenol Corporation $APH

Silver Oak Securities Incorporated grew its stake in shares of Amphenol Corporation (NYSE:APH) by 48.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,103 shares of the electronics maker’s stock after buying an additional 4,962 shares during the period. Silver Oak Securities Incorporated’s holdings in Amphenol were worth $1,869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Financial Management Professionals Inc. boosted its stake 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 acquiring an additional 90 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in Amphenol in the second quarter worth $25,000. Riggs Asset Managment Co. Inc. boosted its position 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 worth $25,000 after purchasing an additional 168 shares in 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. acquired a new stake in Amphenol during the 2nd quarter worth $31,000. 97.01% of the stock is owned by institutional investors.

Amphenol Trading Up 3.3%

NYSE APH opened at $139.63 on Friday. Amphenol Corporation has a 52 week low of $56.45 and a 52 week 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 stock’s 50 day moving average price is $136.90 and its two-hundred day moving average price is $120.14. The stock has a market capitalization of $170.91 billion, a price-to-earnings ratio of 46.54, a PEG ratio of 0.87 and a beta of 1.19.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The company 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 firm’s revenue was up 53.4% compared to the same quarter last year. During the same period last year, the company 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. As a group, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Insider Activity at Amphenol

In other news, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Lance E. D’amico sold 120,000 shares of the company’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total value of $16,801,200.00. Following the sale, the vice president owned 76,400 shares in the company, valued at $10,696,764. The trade was a 61.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,063,194 shares of company stock worth $148,244,445. Corporate insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on APH. JPMorgan Chase & Co. boosted their target price on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Truist Financial boosted 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 shares of Amphenol and gave the stock 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 upped their price target for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $134.08.

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.