Saybrook Capital NC Invests $218,000 in Amphenol Corporation $APH

Saybrook Capital NC bought a new position in shares of Amphenol Corporation (NYSE:APH) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,204 shares of the electronics maker’s stock, valued at approximately $218,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Opal Wealth Advisors LLC acquired a new position in shares of Amphenol during the second quarter worth $25,000. Hilltop National Bank acquired a new position in shares of Amphenol during the second quarter worth $35,000. Hughes Financial Services LLC acquired a new position in shares of Amphenol during the first quarter worth $25,000. Avalon Trust Co grew its stake in shares of Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 232 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Amphenol during the first quarter worth $28,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity

In related news, VP David M. Silverman sold 100,000 shares of the 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 completion of the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the transaction, the chief financial officer directly owned 125,695 shares of the company’s stock, valued at $13,880,498.85. This represents a 61.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 665,924 shares of company stock valued at $73,369,357. Company insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Shares of APH opened at $133.80 on Friday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $137.65. The company has a market capitalization of $163.35 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 1.61 and a beta of 1.17. The firm has a 50-day simple moving average of $119.39 and a 200-day simple moving average of $100.73. 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 announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter in the prior year, the firm earned $0.50 earnings per share. The business’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. On average, equities research analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be issued 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 yield of 0.7%. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s dividend payout ratio is currently 22.00%.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of analyst reports. Barclays initiated coverage on shares of Amphenol in a research note on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 target price for the company. Truist Financial upped their price objective on shares of Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a research note on Thursday. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and upped their price objective for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Finally, Wall Street Zen upgraded shares of Amphenol from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.