Amphenol Corporation $APH Shares Acquired by Portside Wealth Group LLC

Portside Wealth Group LLC lifted its stake in Amphenol Corporation (NYSE:APH) by 28.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,185 shares of the electronics maker’s stock after purchasing an additional 2,032 shares during the quarter. Portside Wealth Group LLC’s holdings in Amphenol were worth $907,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in APH. Vanguard Group Inc. grew its holdings in Amphenol by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock valued at $10,166,370,000 after buying an additional 2,870,933 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Amphenol by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after acquiring an additional 2,217,079 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Amphenol by 196.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock valued at $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. Wellington Management Group LLP grew its holdings in shares of Amphenol by 73.5% in the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock valued at $798,163,000 after purchasing an additional 5,154,860 shares during the period. Finally, Invesco Ltd. increased its position in Amphenol by 1.6% during the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock worth $603,362,000 after purchasing an additional 141,069 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on APH shares. Evercore ISI boosted their target price on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised their target price on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Finally, UBS Group set a $152.00 price target on Amphenol 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.54.

Amphenol Stock Performance

NYSE:APH opened at $132.38 on Wednesday. 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 quick ratio of 1.52 and a current ratio of 2.07. The company has a 50 day moving average price of $128.79 and a 200 day moving average price of $109.31. The stock has a market capitalization of $162.04 billion, a P/E ratio of 44.13, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 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 for the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the firm earned $0.50 earnings per share. The firm’s revenue 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. Equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.8%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is presently 33.33%.

Insider Activity at Amphenol

In related news, VP Lance E. D’amico sold 120,000 shares of Amphenol stock in a transaction that occurred 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 transaction, the vice president owned 76,400 shares in the company, valued at approximately $10,696,764. The trade was a 61.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 120,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,323,118 shares of company stock valued at $174,426,462. 1.67% of the stock is owned by company insiders.

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.