TruWealth Advisors LLC Makes New Investment in Amphenol Corporation $APH

TruWealth Advisors LLC bought a new stake in shares of Amphenol Corporation (NYSE:APH) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 4,359 shares of the electronics maker’s stock, valued at approximately $539,000.

A number of other institutional investors and hedge funds have also bought and sold shares of APH. Motive Wealth Advisors bought a new stake in shares of Amphenol in the second quarter worth about $215,000. LeConte Wealth Management LLC purchased a new position in Amphenol during the 2nd quarter valued at approximately $399,000. Advyzon Investment Management LLC increased its stake in Amphenol by 101.6% in the 2nd quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock worth $598,000 after acquiring an additional 3,051 shares during the last quarter. New York Life Investment Management LLC raised its holdings in shares of Amphenol by 1.6% during the 2nd quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock worth $16,242,000 after acquiring an additional 2,535 shares in the last quarter. Finally, City Center Advisors LLC bought a new position in shares of Amphenol during the 2nd quarter valued at approximately $482,000. 97.01% of the stock is owned by institutional investors.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 80,000 shares of the business’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 value of $11,283,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the sale, the vice president directly owned 76,400 shares in the company, valued at $10,696,764. This trade represents a 61.10% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,063,194 shares of company stock valued at $148,244,445 over the last quarter. 1.67% of the stock is owned by insiders.

Amphenol Stock Performance

Amphenol stock opened at $130.05 on Tuesday. The company has a 50 day moving average price of $134.58 and a 200-day moving average price of $116.33. The company has a market capitalization of $159.19 billion, a PE ratio of 43.35, a P/E/G ratio of 1.02 and a beta of 1.19. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. 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 (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter last year, the firm posted $0.50 earnings per share. The business’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 and its Q4 2025 guidance at 0.890-0.910 EPS. As a group, equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This is a boost from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, December 16th. Amphenol’s payout ratio is 22.00%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their target price for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. Robert W. Baird set a $139.00 price target on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Finally, JPMorgan Chase & Co. upped their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.54.

Amphenol Company 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.