Amphenol Corporation $APH Shares Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its position in Amphenol Corporation (NYSE:APH) by 12.0% in the second quarter, HoldingsChannel reports. The fund owned 531,445 shares of the electronics maker’s stock after acquiring an additional 57,043 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Amphenol were worth $52,568,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of APH. Hughes Financial Services LLC acquired a new position in Amphenol in the 1st quarter worth about $25,000. Opal Wealth Advisors LLC purchased a new stake in shares of Amphenol in the second quarter valued at approximately $25,000. Avalon Trust Co raised its stake in shares of Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after buying an additional 232 shares during the period. N.E.W. Advisory Services LLC purchased a new position in shares of Amphenol during the 1st quarter valued at approximately $28,000. Finally, Saudi Central Bank acquired a new stake in Amphenol in the 1st quarter valued at $31,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on APH shares. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Friday. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Barclays began coverage on Amphenol in a report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price objective on the stock. Truist Financial increased their target price on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a report on Thursday. Finally, JPMorgan Chase & Co. lifted their price target on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $129.77.

Insider Buying and Selling

In other news, VP David M. Silverman sold 100,000 shares of the business’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the transaction, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,380,250. The trade was a 88.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Craig A. Lampo sold 199,848 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the sale, the chief financial officer owned 125,695 shares of the company’s stock, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 in the last quarter. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Down 1.1%

APH stock opened at $133.80 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.46 and a debt-to-equity ratio of 0.57. The firm has a 50-day moving average of $119.39 and a two-hundred day moving average of $100.73. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $137.65. The company has a market cap of $163.35 billion, a price-to-earnings ratio of 44.60, a PEG ratio of 1.61 and a beta of 1.17.

Amphenol (NYSE:APH) last posted its quarterly earnings results 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. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the business earned $0.50 earnings per share. The business’s revenue was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. As a group, analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid a $0.25 dividend. 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 dividend on an annualized basis and a dividend yield of 0.7%. Amphenol’s dividend payout ratio is 22.00%.

Amphenol Company 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.