J. W. Coons Advisors LLC Grows Position in Amphenol Corporation $APH

J. W. Coons Advisors LLC increased its holdings in Amphenol Corporation (NYSE:APH) by 20.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,391 shares of the electronics maker’s stock after acquiring an additional 5,954 shares during the quarter. J. W. Coons Advisors LLC’s holdings in Amphenol were worth $3,495,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Motive Wealth Advisors acquired a new position in Amphenol in the 2nd quarter worth approximately $215,000. LeConte Wealth Management LLC acquired a new position in Amphenol in the 2nd quarter worth approximately $399,000. New York Life Investment Management LLC increased its holdings in Amphenol by 1.6% in the 2nd quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock worth $16,242,000 after buying an additional 2,535 shares during the period. City Center Advisors LLC acquired a new position in Amphenol in the 2nd quarter worth approximately $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Amphenol by 25.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker’s stock worth $2,736,000 after buying an additional 5,630 shares during the period. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Luc Walter sold 365,118 shares of the stock in a transaction on Friday, October 24th. The stock was sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the transaction, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. This represents a 45.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,351,042 shares of company stock worth $167,557,296. Insiders own 1.67% of the company’s stock.

Amphenol Trading Up 1.7%

Shares of NYSE:APH opened at $141.70 on Tuesday. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $142.50. The firm has a market capitalization of $173.45 billion, a price-to-earnings ratio of 47.23, a price-to-earnings-growth ratio of 1.58 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The business’s 50 day moving average price is $122.90 and its 200-day moving average price is $104.33.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same quarter last year, the firm posted $0.50 EPS. The business’s revenue 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. On average, equities research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Amphenol’s payout ratio is 33.33%.

Wall Street Analyst Weigh In

APH has been the topic of several research reports. UBS Group set a $152.00 price target on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Evercore ISI upped their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. Finally, The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.77.

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.