Cabot Wealth Management Inc. Has $17.44 Million Position in Amphenol Corporation $APH

Cabot Wealth Management Inc. increased its holdings in shares of Amphenol Corporation (NYSE:APH) by 1.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 176,571 shares of the electronics maker’s stock after acquiring an additional 1,912 shares during the period. Amphenol accounts for about 2.1% of Cabot Wealth Management Inc.’s portfolio, making the stock its 14th largest position. Cabot Wealth Management Inc.’s holdings in Amphenol were worth $17,436,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in APH. Brighton Jones LLC boosted its position in Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock valued at $1,224,000 after buying an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock valued at $701,000 after buying an additional 4,721 shares in the last quarter. Bison Wealth LLC boosted its position in Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after buying an additional 618 shares in the last quarter. GAMMA Investing LLC boosted its position in Amphenol by 10.9% in the first quarter. GAMMA Investing LLC now owns 39,430 shares of the electronics maker’s stock valued at $2,586,000 after buying an additional 3,860 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Amphenol by 46.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker’s stock valued at $4,589,000 after buying an additional 22,293 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amphenol

In related news, VP Lance E. D’amico sold 100,000 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the transaction, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP David M. Silverman sold 100,000 shares of the stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the transaction, the vice president owned 12,500 shares in the company, valued at $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on APH. Citigroup boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday. Wall Street Zen upgraded shares of Amphenol from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Friday. Barclays started coverage on shares of Amphenol in a research note on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 target price for the company. Finally, JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday. 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 data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $129.77.

Amphenol Trading Down 1.1%

Shares of NYSE APH opened at $133.80 on Friday. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $137.65. The company has a market cap of $163.35 billion, a PE ratio of 44.60, a P/E/G ratio of 1.61 and a beta of 1.17. The company has a current ratio of 2.07, a quick ratio of 1.46 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average of $119.39 and a two-hundred day moving average of $100.73.

Amphenol (NYSE:APH) last posted 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 net margin of 18.22% and a return on equity of 33.46%. The business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. Amphenol’s revenue for the quarter 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, equities analysts expect 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. Investors of record on Tuesday, December 16th will be issued a $0.25 dividend. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is currently 22.00%.

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.