Amphenol Corporation $APH Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. decreased its position in Amphenol Corporation (NYSE:APH) by 6.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 58,899 shares of the electronics maker’s stock after selling 4,293 shares during the quarter. Securian Asset Management Inc.’s holdings in Amphenol were worth $7,289,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of APH. Louisiana State Employees Retirement System grew its holdings in shares of Amphenol by 0.5% during the third quarter. Louisiana State Employees Retirement System now owns 64,100 shares of the electronics maker’s stock worth $7,932,000 after buying an additional 300 shares in the last quarter. New England Capital Financial Advisors LLC raised its holdings in Amphenol by 165.3% in the 3rd quarter. New England Capital Financial Advisors LLC now owns 1,016 shares of the electronics maker’s stock valued at $126,000 after acquiring an additional 633 shares during the last quarter. McIlrath & Eck LLC lifted its stake in shares of Amphenol by 64.3% during the 3rd quarter. McIlrath & Eck LLC now owns 940 shares of the electronics maker’s stock worth $116,000 after purchasing an additional 368 shares during the period. CoreCap Advisors LLC boosted its holdings in shares of Amphenol by 77.5% during the third quarter. CoreCap Advisors LLC now owns 2,368 shares of the electronics maker’s stock worth $293,000 after purchasing an additional 1,034 shares during the last quarter. Finally, Kathmere Capital Management LLC grew its position in shares of Amphenol by 46.3% in the third quarter. Kathmere Capital Management LLC now owns 6,483 shares of the electronics maker’s stock valued at $802,000 after purchasing an additional 2,052 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Price Performance

Amphenol stock opened at $141.21 on Wednesday. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $172.85 billion, a P/E ratio of 47.07, a PEG ratio of 0.91 and a beta of 1.21. The firm has a fifty day moving average of $137.06 and a 200-day moving average of $121.19. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.14. The firm had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.50 EPS. 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, analysts predict that Amphenol Corporation will post 2.36 EPS for the current 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 dividend of $0.25 per share. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s dividend payout ratio is presently 33.33%.

Insider Buying and Selling

In other news, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the sale, the chief financial officer owned 39,884 shares in the company, valued at $5,723,354. This trade represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total transaction of $11,360,000.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,063,194 shares of company stock valued at $148,244,445 over the last three months. Company insiders own 1.67% of the company’s stock.

Wall Street Analyst Weigh In

APH has been the topic of a number of research analyst reports. Evercore ISI raised their price target on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Citigroup raised their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. 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. Finally, JPMorgan Chase & Co. upped their price objective on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $134.08.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.