Vestmark Advisory Solutions Inc. Purchases 29,176 Shares of Amphenol Corporation $APH

Vestmark Advisory Solutions Inc. increased its position in shares of Amphenol Corporation (NYSE:APH) by 156.1% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 47,862 shares of the electronics maker’s stock after buying an additional 29,176 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Amphenol were worth $4,726,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of APH. Opal Wealth Advisors LLC bought a new position in Amphenol during the second quarter worth about $25,000. Hilltop National Bank bought a new stake in shares of Amphenol in the 2nd quarter valued at approximately $35,000. Hughes Financial Services LLC acquired a new position in shares of Amphenol in the 1st quarter worth approximately $25,000. Avalon Trust Co lifted its position in shares of Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after buying an additional 232 shares during the period. Finally, N.E.W. Advisory Services LLC acquired a new stake in Amphenol in the 1st quarter valued at $28,000. Institutional investors own 97.01% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on APH shares. Evercore ISI increased their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Barclays assumed coverage on shares of Amphenol in a research report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price target on the stock. Finally, Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Amphenol has an average rating of “Moderate Buy” and a consensus target price of $129.77.

Amphenol Price Performance

Shares of APH stock opened at $139.01 on Friday. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $142.50. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The firm’s 50 day moving average is $125.12 and its 200-day moving average is $105.82. The firm has a market capitalization of $170.16 billion, a price-to-earnings ratio of 46.34, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating 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 firm had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period last year, the company earned $0.50 EPS. 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 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. Stockholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s payout ratio is 33.33%.

Insider Activity at Amphenol

In related 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 directly owned 12,500 shares of the company’s stock, valued at $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred 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 have sold 1,238,042 shares of company stock worth $155,252,726 over the last 90 days. Insiders own 1.67% of the company’s stock.

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.