Amphenol Corporation $APH Shares Bought by West Family Investments Inc.

West Family Investments Inc. lifted its position in shares of Amphenol Corporation (NYSE:APH) by 29.1% during the second quarter, HoldingsChannel reports. The firm owned 13,719 shares of the electronics maker’s stock after purchasing an additional 3,092 shares during the quarter. West Family Investments Inc.’s holdings in Amphenol were worth $1,355,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new stake in shares of Amphenol during the second quarter worth about $25,000. Avalon Trust Co increased its holdings in Amphenol by 133.3% during 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 last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Amphenol in the 1st quarter valued at approximately $28,000. Saudi Central Bank acquired a new stake in shares of Amphenol during the first quarter worth approximately $31,000. Finally, Ransom Advisory Ltd bought a new stake in shares of Amphenol in the first quarter worth $33,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Evercore ISI upped their target price on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Citigroup lifted their price target on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Finally, UBS Group set a $152.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $131.54.

Insider Buying and Selling at Amphenol

In other Amphenol news, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the completion of the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. The trade was a 90.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Craig A. Lampo sold 258,000 shares of the stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $143.20, for a total value of $36,945,600.00. Following the completion of the transaction, the chief financial officer directly owned 167,695 shares of the company’s stock, valued at approximately $24,013,924. The trade was a 60.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 983,194 shares of company stock valued at $136,884,445. 1.67% of the stock is currently owned by insiders.

Amphenol Trading Up 1.3%

Shares of NYSE APH opened at $140.47 on Friday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $144.37. The company has a market cap of $171.94 billion, a price-to-earnings ratio of 46.82, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The stock’s 50 day simple moving average is $131.42 and its 200 day simple moving average is $112.00.

Amphenol (NYSE:APH) last issued its earnings results 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. 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 period last year, the company earned $0.50 earnings per share. The firm’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. Q4 2025 guidance at 0.890-0.910 EPS. Equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

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

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.