D Orazio & Associates Inc. Invests $269,000 in Amphenol Corporation $APH

D Orazio & Associates Inc. bought a new stake in Amphenol Corporation (NYSE:APH) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,726 shares of the electronics maker’s stock, valued at approximately $269,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APH. Police & Firemen s Retirement System of New Jersey raised its holdings in Amphenol by 6.3% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 183,036 shares of the electronics maker’s stock valued at $18,075,000 after acquiring an additional 10,905 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Amphenol by 8.4% during the second quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after purchasing an additional 2,217,079 shares during the period. Accredited Investors Inc. raised its stake in shares of Amphenol by 27.8% in the second quarter. Accredited Investors Inc. now owns 11,364 shares of the electronics maker’s stock valued at $1,122,000 after purchasing an additional 2,473 shares in the last quarter. Comprehensive Financial Planning Inc. PA bought a new position in Amphenol in the second quarter worth $206,000. Finally, Forsta AP Fonden boosted its stake in Amphenol by 1.5% during the second quarter. Forsta AP Fonden now owns 298,700 shares of the electronics maker’s stock worth $29,497,000 after buying an additional 4,400 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

APH has been the subject of a number of recent research reports. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Truist Financial lifted 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. Citigroup upped their price objective on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and a consensus price target of $131.54.

Insider Buying and Selling

In other news, insider William J. Doherty sold 80,000 shares of the company’s stock in a transaction that occurred 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 SEC, which is available through this hyperlink. Also, insider Luc Walter sold 365,118 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $134.65, for a total transaction 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,423,118 shares of company stock valued at $185,486,462. Insiders own 1.67% of the company’s stock.

Amphenol Stock Performance

NYSE APH opened at $135.28 on Friday. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37. The company has a 50 day moving average of $127.59 and a 200-day moving average of $107.73. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The firm has a market cap of $165.59 billion, a price-to-earnings ratio of 45.09, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS 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 analyst estimates of $5.54 billion. During the same period in the prior year, the company earned $0.50 EPS. Amphenol’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 analysts forecast 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 given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, December 16th. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is 33.33%.

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.