Evelyn Partners Investment Management Services Ltd Buys Shares of 7,126 Amphenol Corporation $APH

Evelyn Partners Investment Management Services Ltd purchased a new stake in shares of Amphenol Corporation (NYSE:APH) in the 2nd quarter, Holdings Channel reports. The fund purchased 7,126 shares of the electronics maker’s stock, valued at approximately $741,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new stake in Amphenol during the second quarter valued at approximately $25,000. Avalon Trust Co increased its position in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after buying an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in Amphenol during the 1st quarter worth approximately $28,000. Saudi Central Bank bought a new stake in shares of Amphenol during the 1st quarter valued at $31,000. Finally, Ransom Advisory Ltd purchased a new position in shares of Amphenol in the first quarter valued at about $33,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on APH. 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 report on Tuesday, October 7th. Barclays raised their price objective on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. 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. Citigroup boosted their price objective on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Trading Up 1.0%

APH stock opened at $131.64 on Friday. The business has a fifty day moving average of $129.61 and a 200-day moving average of $110.01. The company has a market cap of $161.13 billion, a P/E ratio of 43.88, a PEG ratio of 1.58 and a beta of 1.20. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $144.37. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APH) last posted its earnings results 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 company had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. 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. As a group, equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be issued a dividend of $0.25 per share. This is a boost from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio is presently 33.33%.

Insider Buying and Selling

In other news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the sale, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the transaction, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at approximately $5,723,354. The trade was a 50.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,123,270 shares of company stock valued at $152,357,247. 1.67% of the stock is owned by company insiders.

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.