Creative Planning raised its position in Amphenol Corporation (NYSE:APH – Free Report) by 10.3% during the second quarter, HoldingsChannel.com reports. The firm owned 572,301 shares of the electronics maker’s stock after buying an additional 53,437 shares during the quarter. Creative Planning’s holdings in Amphenol were worth $56,515,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. Pinnbrook Capital Management LP acquired a new stake in Amphenol during the 2nd quarter worth approximately $3,092,000. Meridian Wealth Management LLC acquired a new stake in shares of Amphenol in the second quarter worth $203,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Amphenol by 7.1% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 296,661 shares of the electronics maker’s stock valued at $29,295,000 after acquiring an additional 19,702 shares during the period. CFO4Life Group LLC acquired a new position in shares of Amphenol during the 2nd quarter valued at $681,000. Finally, Kane Investment Management Inc. purchased a new stake in Amphenol during the 2nd quarter worth $593,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Analyst Ratings Changes
Several research analysts have commented on APH shares. Citigroup raised their price objective on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. UBS Group set a $152.00 price objective on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.54.
Amphenol Price Performance
Shares of APH opened at $133.33 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37. The stock has a fifty day moving average price of $128.04 and a 200 day moving average price of $108.35. The company has a market cap of $163.20 billion, a P/E ratio of 44.44, a PEG ratio of 1.58 and a beta of 1.20.
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $5.54 billion. During the same period in the previous year, the business posted $0.50 EPS. Amphenol’s revenue 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. On average, research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.
Amphenol Increases Dividend
The company 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 $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is presently 33.33%.
Insider Activity at Amphenol
In other news, VP Lance E. D’amico sold 120,000 shares of Amphenol stock in a transaction that occurred 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 transaction, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. The trade was a 61.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Luc Walter sold 365,118 shares of the company’s stock in a transaction on Friday, October 24th. The shares were 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 $58,403,360.30. This represents a 45.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,423,118 shares of company stock worth $185,486,462. Company insiders own 1.67% of the company’s stock.
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.
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