Atlatl Advisers LLC Acquires New Position in Amphenol Corporation $APH

Atlatl Advisers LLC acquired a new stake in Amphenol Corporation (NYSE:APH) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 16,201 shares of the electronics maker’s stock, valued at approximately $1,600,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Tranquility Partners LLC increased its stake in Amphenol by 0.8% in the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock valued at $1,322,000 after acquiring an additional 107 shares during the last quarter. EWA LLC grew its stake in shares of Amphenol by 2.3% during the second 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 last quarter. Mather Group LLC. grew its stake in shares of Amphenol by 0.5% during the second quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock worth $2,261,000 after buying an additional 118 shares during the last quarter. Independent Advisor Alliance grew its stake in shares of Amphenol by 1.7% during the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker’s stock worth $471,000 after buying an additional 122 shares during the last quarter. Finally, Traveka Wealth LLC grew its stake in shares of Amphenol by 3.9% during the second quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker’s stock worth $324,000 after buying an additional 123 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Amphenol Stock Performance

Shares of Amphenol stock opened at $133.80 on Friday. The company has a quick ratio of 1.46, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $137.65. The stock has a market cap of $163.35 billion, a price-to-earnings ratio of 44.60, a P/E/G ratio of 1.61 and a beta of 1.17. The company’s fifty day moving average is $119.39 and its 200 day moving average is $100.73.

Amphenol (NYSE:APH) last issued its quarterly earnings data 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 net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Amphenol’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. Sell-side analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is currently 22.00%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on APH shares. Barclays started coverage on shares of Amphenol in a research note on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 target price on the stock. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Citigroup boosted their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday. Evercore ISI boosted their target price on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Finally, Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research note on Friday, July 11th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $129.77.

Insider Activity

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the company’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the sale, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the company’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by insiders.

About Amphenol

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.