Greenwood Capital Associates LLC Lowers Holdings in Amphenol Corporation $APH

Greenwood Capital Associates LLC reduced its position in shares of Amphenol Corporation (NYSE:APH) by 34.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,686 shares of the electronics maker’s stock after selling 35,084 shares during the period. Amphenol makes up 1.0% of Greenwood Capital Associates LLC’s portfolio, making the stock its 25th biggest holding. Greenwood Capital Associates LLC’s holdings in Amphenol were worth $8,376,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in APH. Financial Management Professionals Inc. grew its position in Amphenol by 82.6% during the third quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares in the last quarter. Bell Investment Advisors Inc boosted its position in shares of Amphenol by 19.2% during the 2nd quarter. Bell Investment Advisors Inc now owns 591 shares of the electronics maker’s stock valued at $58,000 after acquiring an additional 95 shares during the last quarter. CENTRAL TRUST Co grew its holdings in shares of Amphenol by 9.4% during the second quarter. CENTRAL TRUST Co now owns 1,146 shares of the electronics maker’s stock worth $113,000 after purchasing an additional 98 shares in the last quarter. Tranquility Partners LLC increased its position in shares of Amphenol by 0.8% in the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker’s stock worth $1,322,000 after purchasing an additional 107 shares during the last quarter. Finally, Cox Capital Mgt LLC raised its stake in Amphenol by 0.3% in the third quarter. Cox Capital Mgt LLC now owns 32,327 shares of the electronics maker’s stock valued at $4,000,000 after purchasing an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Trading Down 0.4%

NYSE APH opened at $137.39 on Friday. The stock has a market cap of $168.17 billion, a P/E ratio of 45.80, a P/E/G ratio of 1.08 and a beta of 1.19. 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. The stock’s fifty day moving average price is $136.25 and its 200-day moving average price is $118.63.

Amphenol (NYSE:APH) last issued 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 business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.Amphenol’s revenue was up 53.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. As a group, equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be issued 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 yield of 0.7%. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio is 33.33%.

Analyst Ratings Changes

APH has been the subject of a number of research reports. Citigroup boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. upped their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. UBS Group set a $152.00 price target on Amphenol and gave the company a “buy” rating in a research report on Thursday, October 23rd. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Finally, Wall Street Zen cut Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $134.08.

Insider Buying and Selling at Amphenol

In other news, insider Luc Walter sold 365,118 shares of the stock in a transaction 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 directly owned 433,742 shares of the company’s stock, valued at $58,403,360.30. This represents a 45.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Craig A. Lampo sold 40,076 shares of Amphenol 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 completion of the sale, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at $5,723,354. The trade was a 50.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is owned by corporate insiders.

About Amphenol

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.