Tower Wealth Partners Inc. lifted its holdings in Amphenol Corporation (NYSE:APH – Free Report) by 4.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,165 shares of the electronics maker’s stock after acquiring an additional 196 shares during the period. Tower Wealth Partners Inc.’s holdings in Amphenol were worth $411,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in APH. Hughes Financial Services LLC acquired a new stake in Amphenol during the 1st quarter valued at $25,000. Opal Wealth Advisors LLC acquired a new stake in Amphenol during the 2nd quarter valued at $25,000. Avalon Trust Co grew its holdings in Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new stake in Amphenol during the 1st quarter valued at $28,000. Finally, Saudi Central Bank acquired a new stake in Amphenol during the 1st quarter valued at $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.
Wall Street Analyst Weigh In
APH has been the subject of a number of recent analyst reports. The Goldman Sachs Group set a $139.00 price target on shares of Amphenol and gave the company a “buy” rating in a report on Monday, September 29th. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $120.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, July 24th. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the company from $120.00 to $150.00 in a report on Wednesday. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. Finally, Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $116.57.
Amphenol Trading Up 2.6%
Amphenol stock opened at $125.81 on Thursday. The firm’s 50-day moving average is $116.71 and its 200-day moving average is $97.26. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $127.50. The company has a market cap of $153.60 billion, a P/E ratio of 50.12, a PEG ratio of 1.97 and a beta of 1.17.
Amphenol (NYSE:APH – Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the firm posted $0.44 EPS. The company’s revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.
Amphenol Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were given a $0.165 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol’s dividend payout ratio (DPR) is currently 26.29%.
Insider Activity
In related news, VP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the completion of the sale, the chief financial officer owned 39,884 shares in the company, valued at approximately $4,409,575.04. This represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is owned by company insiders.
Amphenol Profile
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.
Read More
- Five stocks we like better than Amphenol
- When to Sell a Stock for Profit or Loss
- Palantir’s New Healthcare Deal Boosts AI and Data Reach
- 3 Fintech Stocks With Good 2021 Prospects
- GM’s Billion-Dollar Bruise: GM’s Strategic Pivot Makes It a Buy
- What Do S&P 500 Stocks Tell Investors About the Market?
- Novo Nordisk’s Akero Therapeutics Buy Targets Eli Lilly’s Lead
Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Corporation (NYSE:APH – Free Report).
Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.