Generate Investment Management Ltd Has $16.61 Million Holdings in Amphenol Corporation $APH

Generate Investment Management Ltd decreased its stake in shares of Amphenol Corporation (NYSE:APH) by 38.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 134,240 shares of the electronics maker’s stock after selling 83,661 shares during the period. Generate Investment Management Ltd’s holdings in Amphenol were worth $16,612,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ascent Group LLC grew its holdings in Amphenol by 105.4% during the third quarter. Ascent Group LLC now owns 22,563 shares of the electronics maker’s stock valued at $2,792,000 after purchasing an additional 11,580 shares during the last quarter. McGlone Suttner Wealth Management Inc. boosted its holdings in shares of Amphenol by 33.1% during the 3rd quarter. McGlone Suttner Wealth Management Inc. now owns 4,083 shares of the electronics maker’s stock worth $505,000 after buying an additional 1,015 shares during the period. Sivia Capital Partners LLC grew its stake in Amphenol by 1.8% in the 3rd quarter. Sivia Capital Partners LLC now owns 8,113 shares of the electronics maker’s stock valued at $1,004,000 after buying an additional 141 shares during the last quarter. Diversified Trust Co raised its holdings in Amphenol by 38.7% in the 3rd quarter. Diversified Trust Co now owns 8,290 shares of the electronics maker’s stock worth $1,026,000 after acquiring an additional 2,314 shares during the period. Finally, Segment Wealth Management LLC lifted its position in Amphenol by 0.3% during the 3rd quarter. Segment Wealth Management LLC now owns 149,425 shares of the electronics maker’s stock worth $18,491,000 after acquiring an additional 458 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

APH has been the topic of several research analyst reports. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. Robert W. Baird set a $139.00 target price on Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Truist Financial increased their price objective on Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research report on Friday, December 19th. Finally, UBS Group set a $152.00 target price on shares of Amphenol and gave the stock a “buy” rating in a research 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. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $134.08.

Amphenol Stock Performance

Shares of NYSE APH opened at $136.21 on Wednesday. The firm has a market capitalization of $166.73 billion, a price-to-earnings ratio of 45.40, a PEG ratio of 1.08 and a beta of 1.19. Amphenol Corporation has a one year low of $56.45 and a one year high of $144.37. The business has a fifty day simple moving average of $136.67 and a 200 day simple moving average of $119.60. 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 posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the previous year, the company earned $0.50 earnings per share. The business’s revenue was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. Sell-side 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. Investors of record on Tuesday, December 16th will be given a $0.25 dividend. This represents a $1.00 annualized dividend 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 (DPR) is currently 33.33%.

Insider Activity

In related news, VP Lance E. D’amico sold 120,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total value of $16,801,200.00. Following the sale, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. The trade was a 61.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total value of $11,283,200.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by company insiders.

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.