Amphenol Corporation $APH Shares Bought by Simon Quick Advisors LLC

Simon Quick Advisors LLC grew its holdings in shares of Amphenol Corporation (NYSE:APH) by 32.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 12,331 shares of the electronics maker’s stock after acquiring an additional 3,020 shares during the quarter. Simon Quick Advisors LLC’s holdings in Amphenol were worth $1,218,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Tranquility Partners LLC boosted its position in Amphenol by 0.8% during the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock worth $1,322,000 after acquiring an additional 107 shares during the period. EWA LLC boosted its position in Amphenol by 2.3% during the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock worth $514,000 after acquiring an additional 115 shares during the period. Coign Capital Advisors LLC boosted its position in Amphenol by 1.1% during the 2nd quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker’s stock worth $1,043,000 after acquiring an additional 116 shares during the period. Mather Group LLC. boosted its position in Amphenol by 0.5% during the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock worth $2,261,000 after acquiring an additional 118 shares during the period. Finally, Independent Advisor Alliance raised its holdings in Amphenol by 1.7% during the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker’s stock worth $471,000 after purchasing an additional 122 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Citigroup upped their target price on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Barclays assumed coverage on Amphenol in a report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price objective for the company. The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and upped their price objective for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Finally, Truist Financial upped their price objective on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $129.77.

Amphenol Trading Down 0.4%

Shares of NYSE APH opened at $139.16 on Friday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $141.72. The company has a market cap of $170.33 billion, a price-to-earnings ratio of 46.39, a P/E/G ratio of 1.58 and a beta of 1.17. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The business has a fifty day simple moving average of $121.66 and a 200-day simple moving average of $102.74.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $5.54 billion. During the same period in the prior year, the business posted $0.50 earnings per share. Amphenol’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. Sell-side analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company 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 dividend of $0.25 per share. This is an increase 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 dividend payout ratio (DPR) is presently 33.33%.

Insider Activity at Amphenol

In related news, insider Luc Walter sold 365,118 shares of the stock in a transaction dated Friday, October 24th. The stock was sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the sale, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. This represents a 45.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares of the company’s stock, valued at approximately $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,231,042 shares of company stock worth $150,616,896. Insiders own 1.67% of the company’s stock.

About Amphenol

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.