Burling Wealth Partners LLC Makes New Investment in Amphenol Corporation $APH

Burling Wealth Partners LLC bought a new stake in Amphenol Corporation (NYSE:APH) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,463 shares of the electronics maker’s stock, valued at approximately $243,000.

Other hedge funds have also added to or reduced their stakes in the company. CENTRAL TRUST Co raised its position in Amphenol by 9.4% during the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock valued at $113,000 after purchasing an additional 98 shares in the last quarter. Tranquility Partners LLC increased its stake in shares of Amphenol by 0.8% in the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after purchasing an additional 107 shares during the last quarter. EWA LLC raised its holdings in shares of Amphenol by 2.3% during the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock worth $514,000 after buying an additional 115 shares in the last quarter. Coign Capital Advisors LLC lifted its position in shares of Amphenol by 1.1% during the 2nd quarter. Coign Capital Advisors LLC now owns 10,561 shares of the electronics maker’s stock worth $1,043,000 after buying an additional 116 shares during the last quarter. Finally, Mather Group LLC. boosted its stake in Amphenol by 0.5% in the second quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock valued at $2,261,000 after buying an additional 118 shares in the last quarter. 97.01% of the stock is owned by institutional investors.

Insider Activity at Amphenol

In other Amphenol news, insider William J. Doherty sold 80,000 shares of the firm’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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the completion of the transaction, the insider owned 433,742 shares in the company, valued at $58,403,360.30. This trade represents a 45.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,423,118 shares of company stock valued at $185,486,462 over the last ninety days. Insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. UBS Group set a $152.00 price objective on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Citigroup raised their target price on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Barclays upped their price target on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Truist Financial raised 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. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $131.54.

Amphenol Trading Down 1.4%

Shares of NYSE APH opened at $133.33 on Friday. The stock has a market cap of $163.20 billion, a P/E ratio of 44.44, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The firm has a 50 day moving average price of $128.04 and a two-hundred day moving average price of $108.13. 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 Corporation has a 52-week low of $56.45 and a 52-week high of $144.37.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. Amphenol’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 earnings per share. 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 analysts forecast that Amphenol Corporation will post 2.36 EPS 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. The ex-dividend date of this dividend is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. Amphenol’s payout ratio is currently 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.