Oppenheimer Asset Management Inc. Has $24.25 Million Holdings in Amphenol Corporation $APH

Oppenheimer Asset Management Inc. lifted its position in shares of Amphenol Corporation (NYSE:APH) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 245,591 shares of the electronics maker’s stock after purchasing an additional 1,869 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Amphenol were worth $24,252,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Motive Wealth Advisors acquired a new stake in Amphenol in the 2nd quarter valued at $215,000. LeConte Wealth Management LLC acquired a new stake in Amphenol in the 2nd quarter valued at $399,000. Perigon Wealth Management LLC raised its position in Amphenol by 29.4% in the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker’s stock valued at $1,144,000 after purchasing an additional 3,964 shares during the last quarter. City Center Advisors LLC bought a new position in Amphenol in the 2nd quarter valued at $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its position in Amphenol by 25.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker’s stock valued at $2,736,000 after purchasing an additional 5,630 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at approximately $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the business’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock valued at $73,369,357 in the last three months. 1.67% of the stock is currently owned by company insiders.

Amphenol Stock Down 1.1%

Shares of Amphenol stock opened at $133.80 on Friday. The company has a quick ratio of 1.46, a current ratio of 2.07 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 $137.65. The business has a fifty day simple moving average of $119.39 and a 200 day simple moving average of $100.73. The stock has a market cap of $163.35 billion, a PE ratio of 44.60, a price-to-earnings-growth ratio of 1.61 and a beta of 1.17.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the previous year, the firm earned $0.50 earnings per share. 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. Q4 2025 guidance at 0.890-0.910 EPS. Research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is presently 22.00%.

Analyst Ratings Changes

APH has been the subject of several research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Friday. Evercore ISI lifted their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. JPMorgan Chase & Co. lifted their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday. Truist Financial boosted their target price on Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, The Goldman Sachs Group set a $154.00 target price on Amphenol and gave the stock a “buy” rating in a research report on Thursday. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.