Telligent Fund LP Purchases New Shares in Amphenol Corporation $APH

Telligent Fund LP purchased a new position in Amphenol Corporation (NYSE:APH) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 30,000 shares of the electronics maker’s stock, valued at approximately $2,962,000. Amphenol makes up 2.7% of Telligent Fund LP’s investment portfolio, making the stock its 19th biggest position.

A number of other hedge funds also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in shares of Amphenol in the second quarter worth approximately $25,000. Avalon Trust Co boosted its stake in Amphenol by 133.3% in 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 period. N.E.W. Advisory Services LLC purchased a new position in Amphenol during the 1st quarter worth approximately $28,000. Saudi Central Bank acquired a new stake in Amphenol during the 1st quarter valued at $31,000. Finally, Ransom Advisory Ltd purchased a new stake in shares of Amphenol in the first quarter valued at $33,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

In other Amphenol news, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction dated 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 sale, the insider owned 433,742 shares of the company’s stock, valued at $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The sale 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 value of $16,940,400.00. Following the sale, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,323,118 shares of company stock valued at $174,426,462. Insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on APH shares. Barclays lifted their price target on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. UBS Group set a $152.00 target price on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Finally, Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price objective for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Ten investment 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 presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.54.

Amphenol Trading Up 3.0%

NYSE:APH opened at $136.42 on Thursday. The company has a market capitalization of $166.99 billion, a P/E ratio of 45.47, a P/E/G ratio of 1.58 and a beta of 1.20. The stock’s 50 day moving average price is $129.13 and its 200 day moving average price is $109.50. 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 posted its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 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 company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. The company’s revenue for the quarter 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. On average, research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. 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 yield of 0.7%. Amphenol’s dividend payout ratio (DPR) 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.