Los Angeles Capital Management LLC Increases Stock Holdings in Amphenol Corporation $APH

Los Angeles Capital Management LLC boosted its holdings in shares of Amphenol Corporation (NYSE:APH) by 49.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,593,777 shares of the electronics maker’s stock after buying an additional 855,784 shares during the period. Amphenol makes up 1.1% of Los Angeles Capital Management LLC’s holdings, making the stock its 13th largest position. Los Angeles Capital Management LLC’s holdings in Amphenol were worth $320,980,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC purchased a new position in shares of Amphenol in the 2nd quarter valued at approximately $25,000. Financial Management Professionals Inc. grew its position in Amphenol by 82.6% during the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after purchasing an additional 90 shares during the last quarter. Riggs Asset Managment Co. Inc. increased its stake in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after purchasing an additional 168 shares in the last quarter. Howard Hughes Medical Institute purchased a new position in shares of Amphenol in the second quarter worth $26,000. Finally, Evolution Wealth Management Inc. acquired a new stake in shares of Amphenol during the second quarter worth $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Stock Down 0.5%

Shares of NYSE APH opened at $136.21 on Wednesday. The firm has a market cap of $166.73 billion, a price-to-earnings ratio of 45.40, a price-to-earnings-growth ratio of 1.08 and a beta of 1.19. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $144.37. The company’s 50-day simple moving average is $136.67 and its 200-day simple moving average is $119.60. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57.

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 company 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 quarterly revenue was up 53.4% on a year-over-year basis. During the same period in the previous year, the business 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. Equities analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is currently 33.33%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on APH shares. Evercore ISI upped their target price on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. The Goldman Sachs Group set a $154.00 price objective on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Finally, Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a research report on Friday, October 10th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $134.08.

Insider Activity

In other Amphenol news, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Luc Walter sold 365,118 shares of the stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the completion of the sale, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. This trade represents a 45.70% 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 valued at $148,244,445 in the last ninety days. 1.67% of the stock is currently owned by corporate 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.