Journey Strategic Wealth LLC Invests $243,000 in Amphenol Corporation $APH

Journey Strategic Wealth LLC bought a new stake in shares of Amphenol Corporation (NYSE:APH) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,457 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. Brighton Jones LLC boosted its holdings in Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC increased its stake in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after purchasing an additional 4,721 shares during the period. Bison Wealth LLC lifted its position in Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after purchasing an additional 618 shares during the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Amphenol by 14.4% during the first quarter. Avantax Advisory Services Inc. now owns 67,436 shares of the electronics maker’s stock valued at $4,423,000 after purchasing an additional 8,506 shares during the period. Finally, Cetera Investment Advisers grew its holdings in shares of Amphenol by 12.2% in the first quarter. Cetera Investment Advisers now owns 204,059 shares of the electronics maker’s stock worth $13,384,000 after purchasing an additional 22,121 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Amphenol Trading Up 4.9%

APH opened at $138.04 on Tuesday. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $144.37. The stock has a market cap of $168.97 billion, a PE ratio of 46.01, a PEG ratio of 1.58 and a beta of 1.20. The business has a 50 day moving average of $129.98 and a 200-day moving average of $110.83.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (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 during the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the prior year, the company earned $0.50 earnings per share. The firm’s quarterly revenue 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. Equities research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Analyst Ratings Changes

APH has been the subject of a number of recent analyst reports. 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 report on Thursday, October 23rd. Barclays upped their price objective on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Citigroup increased their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and boosted their price target for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Finally, The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $131.54.

Insider Buying and Selling at Amphenol

In other news, VP David M. Silverman sold 120,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the sale, the vice president owned 12,500 shares in the company, valued at $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Luc Walter sold 365,118 shares of Amphenol 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 sale, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 983,194 shares of company stock valued at $136,884,445. 1.67% of the stock is currently owned by company insiders.

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.