Yousif Capital Management LLC Sells 7,920 Shares of Amphenol Corporation $APH

Yousif Capital Management LLC lessened its position in shares of Amphenol Corporation (NYSE:APH) by 5.0% in the third quarter, HoldingsChannel.com reports. The firm owned 150,059 shares of the electronics maker’s stock after selling 7,920 shares during the quarter. Yousif Capital Management LLC’s holdings in Amphenol were worth $18,570,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in Amphenol during the second quarter worth $25,000. Riggs Asset Managment Co. Inc. grew its holdings in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the period. Howard Hughes Medical Institute bought a new position in shares of Amphenol in the 2nd quarter worth about $26,000. Evolution Wealth Management Inc. acquired a new position in shares of Amphenol in the 2nd quarter valued at about $31,000. Finally, Hilltop National Bank bought a new stake in shares of Amphenol during the 2nd quarter valued at about $35,000. 97.01% of the stock is owned by institutional investors.

Amphenol Stock Performance

NYSE APH opened at $135.10 on Tuesday. The company has a market cap of $165.36 billion, a P/E ratio of 45.03, a PEG ratio of 1.06 and a beta of 1.19. The company has a fifty day simple moving average of $135.25 and a 200 day simple moving average of $117.73. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $144.37.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The firm had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business’s revenue was up 53.4% on a year-over-year basis. During the same period last year, the company earned $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. Sell-side 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. Stockholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. 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 dividend payout ratio (DPR) is currently 33.33%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on APH shares. Robert W. Baird set a $139.00 target price on Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Barclays raised their price target on shares of Amphenol from $120.00 to $143.00 and gave the stock an “equal weight” rating in a report on Thursday, November 13th. Finally, Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $134.08.

Insider Buying and Selling

In related news, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Craig A. Lampo sold 258,000 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total value of $36,945,600.00. Following the completion of the sale, the chief financial officer directly owned 167,695 shares of the company’s stock, valued at $24,013,924. The trade was a 60.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is currently owned by company insiders.

Amphenol Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.