SG Americas Securities LLC Trims Stake in Amphenol Corporation $APH

SG Americas Securities LLC lessened its holdings in shares of Amphenol Corporation (NYSE:APH) by 92.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,534 shares of the electronics maker’s stock after selling 195,880 shares during the quarter. SG Americas Securities LLC’s holdings in Amphenol were worth $2,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of APH. Brighton Jones LLC grew its holdings in Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after purchasing an additional 9,390 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Amphenol by 87.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after buying an additional 4,721 shares in the last quarter. Bison Wealth LLC grew its stake in shares of Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after acquiring an additional 618 shares during the period. Parallel Advisors LLC increased its holdings in Amphenol by 10.4% in the 2nd quarter. Parallel Advisors LLC now owns 24,608 shares of the electronics maker’s stock worth $2,430,000 after acquiring an additional 2,314 shares in the last quarter. Finally, Everpar Advisors LLC increased its holdings in Amphenol by 5.3% in the 2nd quarter. Everpar Advisors LLC now owns 3,681 shares of the electronics maker’s stock worth $363,000 after acquiring an additional 185 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

APH has been the topic of several analyst reports. US Capital Advisors set a $165.00 price target on shares of Amphenol in a report on Friday, January 9th. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Truist Financial set a $182.00 target price on shares of Amphenol in a report on Tuesday. UBS Group reissued a “buy” rating and set a $174.00 price target (up from $152.00) on shares of Amphenol in a report on Wednesday. Finally, Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Eleven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $144.23.

Amphenol Trading Down 1.5%

Shares of APH opened at $146.76 on Thursday. The stock has a market capitalization of $179.64 billion, a PE ratio of 48.92, a P/E/G ratio of 0.96 and a beta of 1.21. The company’s fifty day moving average is $137.47 and its 200 day moving average is $122.95. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $149.11.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business’s revenue was up 53.4% on a year-over-year basis. During the same period last year, the company posted $0.50 EPS. 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 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s payout ratio is presently 33.33%.

Insider Buying and Selling at Amphenol

In related news, CFO Craig A. Lampo sold 40,076 shares of the 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 sale, the chief financial officer owned 39,884 shares in the company, valued at approximately $5,723,354. This represents a 50.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total value of $11,360,000.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,063,194 shares of company stock valued at $148,244,445. Corporate insiders own 1.67% of the company’s stock.

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.