Stevens Capital Management LP Lowers Position in Amphenol Corporation $APH

Stevens Capital Management LP trimmed its holdings in shares of Amphenol Corporation (NYSE:APH) by 18.4% in the second quarter, Holdings Channel reports. The firm owned 13,398 shares of the electronics maker’s stock after selling 3,020 shares during the period. Stevens Capital Management LP’s holdings in Amphenol were worth $1,323,000 at the end of the most recent quarter.

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

Insider Transactions at Amphenol

In other news, VP David M. Silverman sold 120,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. The trade was a 90.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,123,270 shares of company stock valued at $152,357,247 over the last three months. 1.67% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Evercore ISI raised their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. UBS Group set a $152.00 target price on shares of Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Bank of America raised shares of 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. Finally, Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $131.54.

Amphenol Price Performance

Shares of APH opened at $131.64 on Friday. The firm has a market capitalization of $161.13 billion, a price-to-earnings ratio of 43.88, a PEG ratio of 1.58 and a beta of 1.20. The firm’s fifty day simple moving average is $129.61 and its 200-day simple moving average is $110.01. Amphenol Corporation has a twelve month low of $56.45 and a twelve month 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.

Amphenol (NYSE:APH) last posted its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. The firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.Amphenol’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. Equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is presently 33.33%.

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.