Ingalls & Snyder LLC Purchases 255 Shares of Amphenol Corporation $APH

Ingalls & Snyder LLC raised its position in Amphenol Corporation (NYSE:APH) by 0.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 44,501 shares of the electronics maker’s stock after buying an additional 255 shares during the period. Ingalls & Snyder LLC’s holdings in Amphenol were worth $4,394,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Whipplewood Advisors LLC raised its stake in shares of Amphenol by 1,854.1% in the second quarter. Whipplewood Advisors LLC now owns 723 shares of the electronics maker’s stock valued at $71,000 after acquiring an additional 686 shares during the last quarter. Interchange Capital Partners LLC acquired a new stake in Amphenol during the 2nd quarter valued at $272,000. Cabot Wealth Management Inc. raised its position in Amphenol by 1.1% in the 2nd quarter. Cabot Wealth Management Inc. now owns 176,571 shares of the electronics maker’s stock valued at $17,436,000 after purchasing an additional 1,912 shares during the last quarter. Brighton Jones LLC boosted its stake in Amphenol by 13.8% in the second quarter. Brighton Jones LLC now owns 20,613 shares of the electronics maker’s stock worth $2,036,000 after purchasing an additional 2,506 shares in the last quarter. Finally, Linden Thomas Advisory Services LLC boosted its stake in Amphenol by 41.5% in the second quarter. Linden Thomas Advisory Services LLC now owns 37,017 shares of the electronics maker’s stock worth $3,655,000 after purchasing an additional 10,851 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Transactions at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the business’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 199,848 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares of the company’s stock, valued at $13,880,498.85. The trade was a 61.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 665,924 shares of company stock worth $73,369,357. Insiders own 1.67% of the company’s stock.

Amphenol Stock Down 1.1%

Shares of NYSE:APH opened at $133.80 on Friday. The company has a 50 day moving average price of $119.39 and a two-hundred day moving average price of $100.73. The company has a market capitalization of $163.35 billion, a PE ratio of 44.60, a PEG ratio of 1.61 and a beta of 1.17. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $137.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.46 and a current ratio of 2.07.

Amphenol (NYSE:APH) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarterly revenue was up 53.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. 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 of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is currently 22.00%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Robert W. Baird set a $139.00 price target on Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and raised their price objective for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. Truist Financial upped their target price on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research report on Thursday. Evercore ISI raised their price target on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $129.77.

Amphenol Company Profile

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.