Cabot Wealth Management Inc. Acquires 1,912 Shares of Amphenol Corporation $APH

Cabot Wealth Management Inc. grew its holdings in shares of Amphenol Corporation (NYSE:APH) by 1.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,571 shares of the electronics maker’s stock after purchasing an additional 1,912 shares during the quarter. Amphenol comprises about 2.1% of Cabot Wealth Management Inc.’s investment portfolio, making the stock its 14th biggest position. Cabot Wealth Management Inc.’s holdings in Amphenol were worth $17,436,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Amphenol by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock valued at $10,166,370,000 after purchasing an additional 2,870,933 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of Amphenol by 196.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock valued at $1,098,190,000 after purchasing an additional 11,092,282 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock valued at $798,163,000 after purchasing an additional 5,154,860 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Amphenol by 1.6% during the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock valued at $603,362,000 after purchasing an additional 141,069 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Amphenol by 639.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker’s stock valued at $574,500,000 after purchasing an additional 7,573,750 shares in the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Stock Performance

NYSE APH opened at $133.80 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.46. The firm has a market capitalization of $163.35 billion, a price-to-earnings ratio of 44.60, a P/E/G ratio of 1.61 and a beta of 1.17. The company’s fifty day moving average is $119.39 and its two-hundred day moving average is $100.73. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $137.65.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. The company 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%. The business’s quarterly revenue was up 53.4% on a year-over-year basis. During the same period last year, the business posted $0.50 EPS. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. Equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a $0.25 dividend. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is 22.00%.

Insider Activity at Amphenol

In other news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Company insiders own 1.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on APH shares. Truist Financial lifted their target price on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a report on Thursday. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a report on Thursday. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday. Finally, Evercore ISI lifted their target price on shares of Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $129.77.

About Amphenol

Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.