Amphenol Corporation $APH Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. decreased its position in shares of Amphenol Corporation (NYSE:APH) by 29.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,289 shares of the electronics maker’s stock after selling 15,228 shares during the period. Bessemer Group Inc.’s holdings in Amphenol were worth $3,681,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of APH. Tranquility Partners LLC lifted its position in shares of Amphenol by 0.8% during the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock worth $1,322,000 after purchasing an additional 107 shares in the last quarter. EWA LLC increased its stake in Amphenol by 2.3% during the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker’s stock worth $514,000 after buying an additional 115 shares during the period. Mather Group LLC. boosted its position in Amphenol by 0.5% in the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock valued at $2,261,000 after buying an additional 118 shares during the period. Independent Advisor Alliance grew its stake in shares of Amphenol by 1.7% in the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker’s stock worth $471,000 after acquiring an additional 122 shares in the last quarter. Finally, Traveka Wealth LLC grew its stake in shares of Amphenol by 3.9% in the second quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker’s stock worth $324,000 after acquiring an additional 123 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the business’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total transaction 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. This trade represents a 45.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,031,042 shares of company stock valued at $122,532,496 over the last quarter. 1.67% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have commented on APH shares. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. Citigroup boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. UBS Group set a $152.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research note on Friday, July 11th. Finally, The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $129.77.

Amphenol Price Performance

Amphenol stock opened at $139.68 on Thursday. The stock has a market cap of $170.98 billion, a P/E ratio of 46.56, a price-to-earnings-growth ratio of 1.55 and a beta of 1.17. The company has a fifty day simple moving average of $121.05 and a 200-day simple moving average of $102.48. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $141.72. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APH) last released its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. Equities analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be given 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 of this dividend is Tuesday, December 16th. Amphenol’s dividend payout ratio is presently 22.00%.

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.