Guinness Atkinson Asset Management Inc Sells 15,078 Shares of Amphenol Corporation $APH

Guinness Atkinson Asset Management Inc lowered its position in shares of Amphenol Corporation (NYSE:APH) by 13.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 95,178 shares of the electronics maker’s stock after selling 15,078 shares during the period. Amphenol comprises about 4.9% of Guinness Atkinson Asset Management Inc’s portfolio, making the stock its 2nd biggest position. Guinness Atkinson Asset Management Inc’s holdings in Amphenol were worth $9,399,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of APH. Hughes Financial Services LLC acquired a new position in shares of Amphenol in the first quarter valued at approximately $25,000. Opal Wealth Advisors LLC acquired a new position in Amphenol in the 2nd quarter valued at approximately $25,000. Avalon Trust Co raised its stake 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 acquiring an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Amphenol during the first quarter worth $28,000. Finally, Saudi Central Bank bought a new stake in shares of Amphenol in the first quarter worth $31,000. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

APH has been the subject of several analyst reports. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Evercore ISI raised their price objective on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 target price on Amphenol and gave the company a “buy” rating in a report on Thursday. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Finally, UBS Group set a $152.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research report 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $129.77.

Amphenol Price Performance

Shares of APH opened at $133.80 on Monday. The firm has a market cap of $163.35 billion, a PE ratio of 44.60, a price-to-earnings-growth ratio of 1.51 and a beta of 1.17. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $137.65. The business’s 50 day moving average price is $119.39 and its two-hundred day moving average price is $100.97. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter last year, the firm posted $0.50 EPS. The company’s quarterly revenue was up 53.4% on a year-over-year basis. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, equities analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be issued a dividend of $0.25 per share. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is currently 22.00%.

Insider Activity at Amphenol

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the sale, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Lance E. D’amico sold 100,000 shares of the business’s 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 sale, the vice president owned 76,400 shares of the company’s stock, valued at approximately $8,449,840. This represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock worth $73,369,357 over the last quarter. Company 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.