Paradigm Asset Management Co. LLC Has $207,000 Stock Position in Amphenol Corporation $APH

Paradigm Asset Management Co. LLC lessened its stake in shares of Amphenol Corporation (NYSE:APH) by 22.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,100 shares of the electronics maker’s stock after selling 600 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Amphenol were worth $207,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in APH. Motive Wealth Advisors acquired a new stake in shares of Amphenol in the second quarter worth $215,000. LeConte Wealth Management LLC bought a new position in Amphenol in the 2nd quarter worth $399,000. New York Life Investment Management LLC lifted its position in Amphenol by 1.6% during the 2nd quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock worth $16,242,000 after acquiring an additional 2,535 shares during the last quarter. City Center Advisors LLC bought a new stake in Amphenol during the second quarter valued at about $482,000. Finally, Trust Investment Advisors acquired a new stake in shares of Amphenol in the second quarter valued at about $312,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APH has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased 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. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. UBS Group set a $152.00 target price on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Truist Financial increased their price target on shares of Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Barclays began coverage on shares of Amphenol in a report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price objective on the stock. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $129.77.

Amphenol Price Performance

NYSE:APH opened at $139.01 on Friday. 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 company has a 50-day moving average of $125.12 and a 200-day moving average of $106.10. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $142.50. The company has a market capitalization of $170.16 billion, a price-to-earnings ratio of 46.34, a PEG ratio of 1.58 and a beta of 1.20.

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, topping the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the prior year, the business posted $0.50 earnings per share. The company’s quarterly 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, equities research analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Insider Buying and Selling

In other Amphenol news, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the transaction, the insider directly owned 433,742 shares in the company, valued at $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the sale, the vice president directly owned 12,500 shares in the company, valued at $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,238,042 shares of company stock worth $155,252,726 in the last three months. Company insiders own 1.67% of the company’s stock.

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.