Rathbones Group PLC Sells 136,781 Shares of Amphenol Corporation $APH

Rathbones Group PLC lessened its stake in Amphenol Corporation (NYSE:APH) by 4.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 3,282,856 shares of the electronics maker’s stock after selling 136,781 shares during the period. Amphenol comprises about 1.4% of Rathbones Group PLC’s investment portfolio, making the stock its 15th largest position. Rathbones Group PLC’s holdings in Amphenol were worth $324,182,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in APH. Hughes Financial Services LLC acquired a new position in shares of Amphenol in the first quarter worth approximately $25,000. Opal Wealth Advisors LLC acquired a new stake in Amphenol during the 2nd quarter valued at approximately $25,000. Avalon Trust Co raised its holdings in 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 purchasing an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Amphenol in the 1st quarter worth approximately $28,000. Finally, Saudi Central Bank bought a new stake in shares of Amphenol in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on APH. 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. Evercore ISI increased their price target on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. UBS Group set a $152.00 target price on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Ten research 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, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $129.77.

Amphenol Stock Performance

Shares of APH opened at $139.01 on Friday. Amphenol Corporation has a one year low of $56.45 and a one year high of $142.50. The company has a market cap of $170.16 billion, a PE ratio of 46.34, a P/E/G ratio of 1.58 and a beta of 1.20. The stock has a 50-day moving average of $125.12 and a 200-day moving average of $106.10. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping 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 for the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the prior year, the business earned $0.50 EPS. The firm’s revenue for the quarter was up 53.4% on a year-over-year basis. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, equities research analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

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

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction on 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 transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. The trade was a 90.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,238,042 shares of company stock worth $155,252,726 in the last quarter. Insiders own 1.67% of the company’s stock.

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.