Bryce Point Capital LLC Buys Shares of 7,864 Amphenol Corporation $APH

Bryce Point Capital LLC bought a new stake in Amphenol Corporation (NYSE:APH) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,864 shares of the electronics maker’s stock, valued at approximately $777,000.

A number of other institutional investors have also made changes to their positions in the company. Fullcircle Wealth LLC increased its holdings in shares of Amphenol by 1.4% in the 2nd quarter. Fullcircle Wealth LLC now owns 11,967 shares of the electronics maker’s stock valued at $1,300,000 after acquiring an additional 161 shares during the last quarter. Connable Office Inc. increased its holdings in shares of Amphenol by 0.3% in the 2nd quarter. Connable Office Inc. now owns 45,551 shares of the electronics maker’s stock valued at $4,498,000 after acquiring an additional 155 shares during the last quarter. Bridgewater Advisors Inc. increased its holdings in shares of Amphenol by 3.2% in the 2nd quarter. Bridgewater Advisors Inc. now owns 5,878 shares of the electronics maker’s stock valued at $619,000 after acquiring an additional 181 shares during the last quarter. Hunter Associates Investment Management LLC increased its holdings in shares of Amphenol by 3.3% in the 2nd quarter. Hunter Associates Investment Management LLC now owns 19,941 shares of the electronics maker’s stock valued at $1,965,000 after acquiring an additional 643 shares during the last quarter. Finally, Westside Investment Management Inc. increased its holdings in shares of Amphenol by 928.3% in the 2nd quarter. Westside Investment Management Inc. now owns 617 shares of the electronics maker’s stock valued at $60,000 after acquiring an additional 557 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of research analyst reports. Barclays initiated coverage on Amphenol in a report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price target for the company. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday. Evercore ISI upped 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. Finally, UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.77.

Amphenol Trading Up 1.7%

Shares of APH stock opened at $141.70 on Tuesday. 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 Corporation has a 1 year low of $56.45 and a 1 year high of $142.50. The stock has a fifty day moving average of $122.90 and a two-hundred day moving average of $104.33. The firm has a market capitalization of $173.45 billion, a PE ratio of 47.23, a price-to-earnings-growth ratio of 1.58 and a beta of 1.17.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping 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 company had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same quarter in the previous year, the firm posted $0.50 EPS. The firm’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. As a group, research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company 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 $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s payout ratio is currently 33.33%.

Insiders Place Their Bets

In other news, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer owned 39,884 shares in the company, valued at $4,409,575.04. This represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Lance E. D’amico sold 120,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the completion of the sale, the vice president owned 76,400 shares of the company’s stock, valued at approximately $10,696,764. This trade represents a 61.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,351,042 shares of company stock valued at $167,557,296. 1.67% of the stock is currently owned by insiders.

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.