Wealthspire Advisors LLC Acquires 778 Shares of Amphenol Corporation $APH

Wealthspire Advisors LLC boosted its holdings in shares of Amphenol Corporation (NYSE:APH) by 12.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,141 shares of the electronics maker’s stock after purchasing an additional 778 shares during the quarter. Wealthspire Advisors LLC’s holdings in Amphenol were worth $705,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of APH. Opal Wealth Advisors LLC acquired a new position in Amphenol during the 2nd quarter valued at $25,000. Avalon Trust Co raised its position in shares of Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after buying an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol in the first quarter valued at about $28,000. Saudi Central Bank acquired a new stake in Amphenol during the first quarter worth about $31,000. Finally, Ransom Advisory Ltd bought a new position in Amphenol during the first quarter valued at about $33,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Up 1.0%

Shares of APH opened at $131.64 on Friday. The company has a market capitalization of $161.13 billion, a P/E ratio of 43.88, a PEG ratio of 1.58 and a beta of 1.20. Amphenol Corporation has a one year low of $56.45 and a one year high of $144.37. The business’s 50 day simple moving average is $129.61 and its 200-day simple moving average is $110.01. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52.

Amphenol (NYSE:APH) last posted 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 company 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%.The business’s revenue was up 53.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $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. As a group, sell-side analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.8%. The ex-dividend date is Tuesday, December 16th. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is 33.33%.

Insider Buying and Selling

In related news, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the transaction, the insider owned 433,742 shares in the company, valued at $58,403,360.30. The trade was a 45.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total value of $11,283,200.00. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,123,270 shares of company stock valued at $152,357,247. Insiders own 1.67% of the company’s stock.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of research reports. JPMorgan Chase & Co. raised their price objective on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. Barclays boosted their price target on shares of Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and raised their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. Finally, Truist Financial upped their price objective on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol has an average rating of “Moderate Buy” and a consensus price target of $131.54.

About Amphenol

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.