Empowered Funds LLC Acquires 31,494 Shares of Amphenol Corporation $APH

Empowered Funds LLC lifted its stake in shares of Amphenol Corporation (NYSE:APH) by 13.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 266,460 shares of the electronics maker’s stock after purchasing an additional 31,494 shares during the period. Empowered Funds LLC’s holdings in Amphenol were worth $26,313,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Rothschild Investment LLC boosted its stake in Amphenol by 11.2% in the second quarter. Rothschild Investment LLC now owns 2,514 shares of the electronics maker’s stock valued at $248,000 after acquiring an additional 254 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its stake in Amphenol by 11.6% in the second quarter. Nomura Asset Management Co. Ltd. now owns 414,424 shares of the electronics maker’s stock valued at $40,924,000 after acquiring an additional 43,113 shares during the period. Raiffeisen Bank International AG increased its stake in Amphenol by 114.8% during the 2nd quarter. Raiffeisen Bank International AG now owns 78,506 shares of the electronics maker’s stock worth $7,617,000 after purchasing an additional 41,964 shares in the last quarter. Generali Investments Management Co LLC bought a new stake in shares of Amphenol during the second quarter worth $414,000. Finally, Mar Vista Investment Partners LLC increased its holdings in Amphenol by 5.9% during the 2nd quarter. Mar Vista Investment Partners LLC now owns 423,195 shares of the electronics maker’s stock worth $41,791,000 after purchasing an additional 23,563 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling

In related news, CFO Craig A. Lampo sold 40,076 shares of the stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the completion of the sale, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at approximately $5,723,354. This trade represents a 50.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP David M. Silverman sold 120,000 shares of Amphenol stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the sale, the vice president owned 12,500 shares in the company, valued at $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,323,118 shares of company stock worth $174,426,462 over the last ninety days. Insiders own 1.67% of the company’s stock.

Amphenol Trading Down 1.1%

APH opened at $132.21 on Tuesday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The firm has a market capitalization of $161.83 billion, a price-to-earnings ratio of 44.07, a PEG ratio of 1.58 and a beta of 1.20. The company’s 50 day moving average price is $128.48 and its two-hundred day moving average price is $108.95.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the business posted $0.50 earnings per share. The firm’s 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 predict that Amphenol Corporation will post 2.36 earnings per share 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 dividend of $0.25 per share. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio is presently 33.33%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on APH shares. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Barclays boosted their price target on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Bank of America upgraded shares of 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 note on Wednesday, October 15th. Evercore ISI upped their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Finally, Citigroup boosted their target price on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $131.54.

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.