Genus Capital Management Inc. Takes Position in Amphenol Corporation $APH

Genus Capital Management Inc. bought a new stake in Amphenol Corporation (NYSE:APH) during the 2nd quarter, HoldingsChannel reports. The firm bought 29,720 shares of the electronics maker’s stock, valued at approximately $2,935,000.

Other institutional investors have also modified their holdings of the company. Motive Wealth Advisors purchased a new stake in Amphenol during the 2nd quarter valued at about $215,000. LeConte Wealth Management LLC acquired a new stake in Amphenol in the 2nd quarter valued at about $399,000. New York Life Investment Management LLC raised its holdings in Amphenol by 1.6% in the 2nd quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock valued at $16,242,000 after acquiring an additional 2,535 shares during the last quarter. City Center Advisors LLC acquired a new position in shares of Amphenol during the 2nd quarter valued at about $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Amphenol by 25.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker’s stock valued at $2,736,000 after acquiring an additional 5,630 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity at Amphenol

In other Amphenol news, VP Lance E. D’amico sold 120,000 shares of the business’s stock in a transaction dated 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 sale, the vice president directly owned 76,400 shares in the company, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,351,042 shares of company stock valued at $167,557,296. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have commented on APH. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research note on Friday, July 11th. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $129.77.

Amphenol Price Performance

Amphenol stock opened at $136.69 on Wednesday. The company’s 50 day simple moving average is $123.43 and its 200-day simple moving average is $104.83. The company has a market capitalization of $167.32 billion, a price-to-earnings ratio of 45.56, a price-to-earnings-growth ratio of 1.58 and a beta of 1.17. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $142.50. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07.

Amphenol (NYSE:APH) last released 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. The business 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 business’s revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 EPS. 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, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This is a positive change 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 payout ratio is presently 33.33%.

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.