Amphenol Corporation $APH Shares Acquired by Varenne Capital Partners

Varenne Capital Partners increased its stake in shares of Amphenol Corporation (NYSE:APH) by 558.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 773,745 shares of the electronics maker’s stock after buying an additional 656,218 shares during the quarter. Amphenol comprises about 13.3% of Varenne Capital Partners’ holdings, making the stock its 2nd largest position. Varenne Capital Partners owned approximately 0.06% of Amphenol worth $76,407,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Opal Wealth Advisors LLC purchased a new position in shares of 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 worth $27,000 after purchasing an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Amphenol during the first quarter worth $28,000. Saudi Central Bank purchased a new position in Amphenol in the 1st quarter valued at $31,000. Finally, Ransom Advisory Ltd acquired a new position in Amphenol in the 1st quarter valued at $33,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Amphenol news, VP David M. Silverman sold 120,000 shares of the business’s 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 completion of the transaction, the vice president directly owned 12,500 shares in the company, valued at approximately $1,764,625. The trade was a 90.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Luc Walter sold 365,118 shares of the company’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the transaction, the insider owned 433,742 shares of the company’s stock, valued at $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,123,270 shares of company stock valued at $152,357,247. Insiders own 1.67% of the company’s stock.

Amphenol Trading Down 4.5%

Shares of APH opened at $130.50 on Friday. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $144.37. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $159.73 billion, a P/E ratio of 43.50, a PEG ratio of 1.58 and a beta of 1.20. The firm’s 50-day moving average is $129.35 and its two-hundred day moving average is $109.65.

Amphenol (NYSE:APH) last released its quarterly 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 business had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The company’s revenue was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

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

Wall Street Analyst Weigh In

Several analysts have recently commented on APH shares. Evercore ISI raised their target price on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Barclays boosted their target price on Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 13th. Finally, Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $131.54.

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.