Rossby Financial LCC Sells 96 Shares of Amphenol Corporation $APH

Rossby Financial LCC lessened its holdings in Amphenol Corporation (NYSE:APH) by 1.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,654 shares of the electronics maker’s stock after selling 96 shares during the period. Rossby Financial LCC’s holdings in Amphenol were worth $756,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Motive Wealth Advisors bought a new position in shares of Amphenol in the 2nd quarter worth approximately $215,000. LeConte Wealth Management LLC bought a new position in shares of Amphenol in the 2nd quarter worth approximately $399,000. City Center Advisors LLC bought a new position in shares of Amphenol in the 2nd quarter worth approximately $482,000. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of 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 worth $2,736,000 after purchasing an additional 5,630 shares during the period. Finally, Chicago Partners Investment Group LLC lifted its stake in shares of Amphenol by 199.3% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 8,308 shares of the electronics maker’s stock worth $837,000 after purchasing an additional 5,532 shares during the period. Institutional investors own 97.01% of the company’s stock.

Insider Transactions at Amphenol

In related news, VP Lance E. D’amico sold 100,000 shares of the firm’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the completion of the transaction, the vice president directly owned 76,400 shares of the company’s stock, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the firm’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The disclosure for this sale can be found here. Insiders sold a total of 1,031,042 shares of company stock valued at $122,532,496 in the last 90 days. Company insiders own 1.67% of the company’s stock.

Amphenol Trading Up 1.5%

Shares of APH opened at $135.84 on Tuesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $137.65. The company has a 50 day simple moving average of $119.88 and a two-hundred day simple moving average of $101.45. The firm has a market cap of $165.85 billion, a P/E ratio of 45.28, a price-to-earnings-growth ratio of 1.51 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $5.54 billion. During the same period last year, the firm posted $0.50 EPS. The company’s revenue was up 53.4% on a year-over-year basis. 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 analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be issued a $0.25 dividend. 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 33.33%.

Analyst Upgrades and Downgrades

APH has been the subject of several analyst reports. Citigroup increased their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. increased 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, October 23rd. Truist Financial increased 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, October 23rd. Wall Street Zen raised shares of Amphenol from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Robert W. Baird set a $139.00 target price on shares of Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus 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.