Kesler Norman & Wride LLC Sells 9,050 Shares of Amphenol Corporation $APH

Kesler Norman & Wride LLC reduced its stake in shares of Amphenol Corporation (NYSE:APH) by 32.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 18,705 shares of the electronics maker’s stock after selling 9,050 shares during the period. Kesler Norman & Wride LLC’s holdings in Amphenol were worth $2,315,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Grant Private Wealth Management Inc purchased a new stake in shares of Amphenol during the third quarter valued at approximately $515,000. Motive Wealth Advisors purchased a new stake in shares of Amphenol during the 2nd quarter valued at $215,000. LeConte Wealth Management LLC bought a new stake in shares of Amphenol during the 2nd quarter worth $399,000. IFP Advisors Inc grew its position in Amphenol by 43.1% during the second quarter. IFP Advisors Inc now owns 24,397 shares of the electronics maker’s stock valued at $2,417,000 after buying an additional 7,347 shares during the period. Finally, Advyzon Investment Management LLC increased its stake in shares of Amphenol by 101.6% during the 2nd quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock worth $598,000 after purchasing an additional 3,051 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Up 2.8%

Shares of NYSE APH opened at $140.10 on Friday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37. The firm has a fifty day simple moving average of $137.00 and a two-hundred day simple moving average of $121.72. 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 $171.49 billion, a PE ratio of 46.70, a price-to-earnings-growth ratio of 0.88 and a beta of 1.21.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping the consensus estimate of $0.79 by $0.14. The business had revenue of $6.19 billion for 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 quarterly revenue was up 53.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Equities analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th were paid a $0.25 dividend. This is an increase from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is presently 33.33%.

Analysts Set New Price Targets

Several equities research analysts have commented on APH shares. US Capital Advisors set a $165.00 price objective on shares of Amphenol in a report on Friday. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Truist Financial boosted their target price on shares of Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a report on Friday, December 19th. Finally, Fox Advisors reaffirmed an “outperform” rating on shares of Amphenol in a report on Friday. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $140.23.

Insider Activity at Amphenol

In other news, CFO Craig A. Lampo sold 40,076 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total value of $5,750,906.00. Following the transaction, the chief financial officer directly owned 39,884 shares in the company, valued at $5,723,354. This trade represents a 50.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Lance E. D’amico sold 120,000 shares of Amphenol 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 directly owned 76,400 shares of the company’s stock, valued at $10,696,764. The trade was a 61.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,063,194 shares of company stock valued at $148,244,445 over the last three months. 1.67% of the stock is owned by insiders.

Amphenol Company 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.