Saturna Capital Corp Makes New Investment in Amphenol Corporation $APH

Saturna Capital Corp acquired a new stake in shares of Amphenol Corporation (NYSE:APH) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,500 shares of the electronics maker’s stock, valued at approximately $741,000.

A number of other hedge funds have also recently bought and sold shares of APH. Motive Wealth Advisors acquired a new position in Amphenol during the second quarter worth approximately $215,000. LeConte Wealth Management LLC purchased a new position in shares of Amphenol in the 2nd quarter worth $399,000. Advyzon Investment Management LLC raised its holdings in shares of Amphenol by 101.6% in the 2nd quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock worth $598,000 after purchasing an additional 3,051 shares during the period. New York Life Investment Management LLC lifted its stake in shares of 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 valued at $16,242,000 after purchasing an additional 2,535 shares in the last quarter. Finally, City Center Advisors LLC purchased a new stake in shares of Amphenol during the 2nd quarter worth about $482,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling

In other Amphenol news, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the completion of the transaction, the insider owned 433,742 shares in the company, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Lance E. D’amico sold 120,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the transaction, the vice president directly owned 76,400 shares in the company, 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. Insiders have sold 1,323,118 shares of company stock valued at $174,426,462 in the last ninety days. Insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Shares of APH opened at $132.38 on Wednesday. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $144.37. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The firm has a market cap of $162.04 billion, a price-to-earnings ratio of 44.13, a PEG ratio of 1.58 and a beta of 1.20. The stock has a 50 day moving average of $128.79 and a 200-day moving average of $109.31.

Amphenol (NYSE:APH) last announced its quarterly earnings data 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. 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 analysts’ expectations of $5.54 billion. During the same period last year, the business posted $0.50 earnings per share. The firm’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. As a group, analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a $0.25 dividend. 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 annualized dividend and a yield of 0.8%. Amphenol’s payout ratio is currently 33.33%.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Citigroup raised their target price on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Barclays increased their target price on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research note on Thursday, November 13th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.54.

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.