Amphenol Corporation $APH Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA cut its position in shares of Amphenol Corporation (NYSE:APH) by 2.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,136,071 shares of the electronics maker’s stock after selling 539,984 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Amphenol were worth $1,988,437,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of APH. Motive Wealth Advisors purchased a new position in shares of Amphenol during the second quarter worth about $215,000. LeConte Wealth Management LLC purchased a new position in Amphenol during the 2nd quarter worth approximately $399,000. Advyzon Investment Management LLC lifted its stake in Amphenol by 101.6% in the second quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock valued at $598,000 after buying an additional 3,051 shares during the last quarter. New York Life Investment Management LLC boosted its holdings in shares of Amphenol by 1.6% in the second 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 period. Finally, City Center Advisors LLC purchased a new position in shares of Amphenol during the second quarter worth approximately $482,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Performance

NYSE APH opened at $133.33 on Friday. 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 stock has a market cap of $163.20 billion, a price-to-earnings ratio of 44.44, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The business has a fifty day moving average of $128.04 and a 200-day moving average of $108.13.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating 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 the consensus estimate of $5.54 billion. During the same quarter in the previous year, the company posted $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. As a group, analysts predict that Amphenol Corporation will post 2.36 earnings per share 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 given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Insider Transactions at Amphenol

In related news, insider Luc Walter sold 365,118 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 433,742 shares in the company, valued at approximately $58,403,360.30. This represents a 45.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total value of $11,283,200.00. The SEC filing for this sale provides additional information. Insiders sold 1,423,118 shares of company stock worth $185,486,462 in the last three months. 1.67% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. UBS Group set a $152.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Truist Financial increased their price target on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Barclays lifted their price objective on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $131.54.

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.