True Wealth Design LLC Has $228,000 Stake in Amphenol Corporation $APH

True Wealth Design LLC lifted its position in shares of Amphenol Corporation (NYSE:APH) by 51.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,309 shares of the electronics maker’s stock after buying an additional 784 shares during the quarter. True Wealth Design LLC’s holdings in Amphenol were worth $228,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Motive Wealth Advisors acquired a new stake in shares of Amphenol during the 2nd quarter worth approximately $215,000. LeConte Wealth Management LLC bought a new position in Amphenol during the second quarter worth $399,000. New York Life Investment Management LLC grew its holdings in Amphenol by 1.6% in the second quarter. New York Life Investment Management LLC now owns 164,472 shares of the electronics maker’s stock worth $16,242,000 after purchasing an additional 2,535 shares during the period. City Center Advisors LLC bought a new stake in Amphenol in the second quarter valued at $482,000. Finally, Trust Investment Advisors acquired a new position in shares of Amphenol during the second quarter valued at about $312,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on APH. Truist Financial raised their target price on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Industrial Alliance Securities set a $115.00 price objective on Amphenol in a report on Friday, July 11th. JPMorgan Chase & Co. upped their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Finally, UBS Group set a $152.00 target price on shares of Amphenol and gave the stock a “buy” rating in a research report 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’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $129.77.

Amphenol Stock Performance

Shares of Amphenol stock opened at $139.01 on Friday. The firm has a market capitalization of $170.16 billion, a P/E ratio of 46.34, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. 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 Corporation has a 12 month low of $56.45 and a 12 month high of $142.50. The business’s fifty day simple moving average is $125.12 and its 200 day simple moving average is $105.82.

Amphenol (NYSE:APH) last released its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the prior year, the firm earned $0.50 EPS. The company’s 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. As a group, analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm 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 dividend of $0.25 per share. 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 yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Insiders Place Their Bets

In other Amphenol news, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the sale, the insider owned 433,742 shares of the company’s stock, valued at $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 is available through this link. Also, insider William J. Doherty sold 113,000 shares of the stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The disclosure for this sale is available in the SEC filing. Insiders sold 1,238,042 shares of company stock worth $155,252,726 in the last three months. Insiders own 1.67% of the company’s stock.

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.