Cetera Investment Advisers Increases Stock Position in Amphenol Corporation $APH

Cetera Investment Advisers grew its stake in Amphenol Corporation (NYSE:APH) by 9.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,390 shares of the electronics maker’s stock after buying an additional 18,331 shares during the period. Cetera Investment Advisers’ holdings in Amphenol were worth $21,961,000 at the end of the most recent reporting period.

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

Amphenol Price Performance

Shares of Amphenol stock opened at $132.38 on Wednesday. The company’s fifty day simple moving average is $128.79 and its two-hundred day simple moving average is $109.31. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $144.37. The firm has a market cap of $162.04 billion, a PE ratio of 44.13, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APH) last posted its 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. The company had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. Amphenol’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.50 earnings per share. 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 EPS for the current year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is presently 33.33%.

Insider Activity at Amphenol

In related news, VP Lance E. D’amico sold 120,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was 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 $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William J. Doherty sold 80,000 shares of Amphenol stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,323,118 shares of company stock valued at $174,426,462 over the last 90 days. Company insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

APH has been the topic of a number of recent research reports. UBS Group set a $152.00 price target on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Evercore ISI upped their price target on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 price objective on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, Barclays increased their target price on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a report on Thursday, November 13th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $131.54.

About Amphenol

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.