Stephens Inc. AR Has $34.76 Million Holdings in Amphenol Corporation $APH

Stephens Inc. AR lowered its stake in shares of Amphenol Corporation (NYSE:APH) by 6.9% in the third quarter, Holdings Channel.com reports. The firm owned 280,847 shares of the electronics maker’s stock after selling 20,871 shares during the period. Stephens Inc. AR’s holdings in Amphenol were worth $34,755,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Management Professionals Inc. boosted its position in shares of Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after buying an additional 90 shares during the last quarter. Alpine Bank Wealth Management bought a new position in Amphenol during the 3rd quarter valued at $30,000. Opal Wealth Advisors LLC purchased a new position in Amphenol during the 2nd quarter worth $25,000. Riggs Asset Managment Co. Inc. grew its stake in shares of Amphenol by 200.0% in 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 in the last quarter. Finally, Howard Hughes Medical Institute purchased a new stake in shares of Amphenol in the second quarter valued at about $26,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

In other Amphenol news, VP Lance E. D’amico sold 120,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the sale, the vice president 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Craig A. Lampo sold 40,076 shares of the 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 sale, the chief financial officer owned 39,884 shares in the company, valued at approximately $5,723,354. This represents a 50.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,063,194 shares of company stock worth $148,244,445 in the last ninety days. Insiders own 1.67% of the company’s stock.

Wall Street Analysts Forecast Growth

APH has been the topic of several analyst reports. Evercore ISI boosted their price target on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Citigroup restated a “buy” rating and issued a $175.00 target price (up previously from $160.00) on shares of Amphenol in a research note on Monday. UBS Group reaffirmed a “buy” rating on shares of Amphenol in a report on Wednesday. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. upped their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Eleven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $142.54.

Amphenol Stock Performance

NYSE:APH opened at $148.90 on Wednesday. The company has a market capitalization of $182.26 billion, a P/E ratio of 49.63, a P/E/G ratio of 0.94 and a beta of 1.21. The business has a fifty day simple moving average of $137.31 and a two-hundred day simple moving average of $122.78. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $149.11.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the prior year, the company earned $0.50 EPS. The firm’s quarterly 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 and its Q4 2025 guidance at 0.890-0.910 EPS. On average, 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 given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, December 16th. Amphenol’s payout ratio is presently 33.33%.

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.