TD Waterhouse Canada Inc. Grows Position in Amphenol Corporation $APH

TD Waterhouse Canada Inc. raised its holdings in shares of Amphenol Corporation (NYSE:APH) by 2.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,334 shares of the electronics maker’s stock after buying an additional 2,121 shares during the period. TD Waterhouse Canada Inc.’s holdings in Amphenol were worth $9,567,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC increased its holdings in Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after purchasing an additional 618 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of Amphenol by 11.0% during the 1st quarter. Private Advisor Group LLC now owns 41,930 shares of the electronics maker’s stock valued at $2,750,000 after buying an additional 4,155 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in Amphenol by 338.2% during the 1st quarter. IFP Advisors Inc now owns 17,050 shares of the electronics maker’s stock valued at $1,118,000 after purchasing an additional 13,159 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Craig A. Lampo sold 40,076 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer directly owned 39,884 shares in the company, valued at $5,723,354. The trade was a 50.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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 stock was sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the transaction, the vice president directly owned 76,400 shares of the company’s stock, valued at approximately $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,323,118 shares of company stock worth $174,426,462 over the last 90 days. Company insiders own 1.67% of the company’s stock.

Amphenol Stock Up 3.0%

Amphenol stock opened at $136.42 on Thursday. The company has a market capitalization of $166.99 billion, a P/E ratio of 45.47, a P/E/G ratio of 1.58 and a beta of 1.20. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37. The firm’s fifty day simple moving average is $129.13 and its 200-day simple moving average is $109.50. 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 announced its quarterly 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 company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same quarter in the previous year, the firm earned $0.50 earnings per share. The business’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. Q4 2025 guidance at 0.890-0.910 EPS. Sell-side analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Analysts Set New Price Targets

APH has been the subject of several analyst reports. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 2nd. UBS Group set a $152.00 price objective on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Truist Financial upped their target price on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Barclays raised their target price on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Finally, JPMorgan Chase & Co. lifted their price target on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $131.54.

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.