Sands Capital Management LLC Acquires 10,969 Shares of Amphenol Corporation $APH

Sands Capital Management LLC boosted its stake in shares of Amphenol Corporation (NYSE:APH) by 1.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 940,121 shares of the electronics maker’s stock after buying an additional 10,969 shares during the quarter. Sands Capital Management LLC owned approximately 0.08% of Amphenol worth $92,837,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in APH. Twin Peaks Wealth Advisors LLC bought a new position in Amphenol during the second quarter valued at $132,000. Maren Capital LLC lifted its position in shares of Amphenol by 3.1% during the 2nd quarter. Maren Capital LLC now owns 1,689,959 shares of the electronics maker’s stock valued at $166,883,000 after buying an additional 50,096 shares during the last quarter. Pinkerton Wealth LLC bought a new position in shares of Amphenol during the 2nd quarter worth $2,947,000. Beacon Pointe Advisors LLC increased its holdings in Amphenol by 3.0% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 27,558 shares of the electronics maker’s stock worth $2,721,000 after acquiring an additional 808 shares during the last quarter. Finally, Westerkirk Capital Inc. bought a new stake in Amphenol in the 2nd quarter valued at about $1,442,000. Institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on APH. Barclays lifted their target price on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 13th. Citigroup boosted their target price on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Evercore ISI boosted their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Finally, The Goldman Sachs Group set a $154.00 target price on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Insider Transactions at Amphenol

In other news, VP David M. Silverman sold 120,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Lance E. D’amico sold 120,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,063,194 shares of company stock worth $148,244,445. Company insiders own 1.67% of the company’s stock.

Amphenol Price Performance

NYSE:APH opened at $141.64 on Wednesday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37. The stock has a fifty day moving average of $132.05 and a 200 day moving average of $113.13. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. The firm has a market capitalization of $173.38 billion, a price-to-earnings ratio of 47.21, a P/E/G ratio of 1.09 and a beta of 1.19.

Amphenol (NYSE:APH) last announced its 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 return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the company earned $0.50 EPS. The company’s quarterly 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. On average, research analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

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

Amphenol Company 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.