New York Life Investment Management LLC Raises Stock Position in Amphenol Corporation $APH

New York Life Investment Management LLC increased its stake in Amphenol Corporation (NYSE:APH) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 164,472 shares of the electronics maker’s stock after acquiring an additional 2,535 shares during the quarter. New York Life Investment Management LLC’s holdings in Amphenol were worth $16,242,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Amphenol by 114.0% during the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after purchasing an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in Amphenol by 87.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after buying an additional 4,721 shares in the last quarter. Bison Wealth LLC increased its stake in Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after buying an additional 618 shares in the last quarter. Essex Financial Services Inc. increased its stake in Amphenol by 4.5% during the 1st quarter. Essex Financial Services Inc. now owns 11,689 shares of the electronics maker’s stock worth $767,000 after buying an additional 505 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC increased its position in shares of Amphenol by 113.5% during the first quarter. Avidian Wealth Enterprises LLC now owns 6,512 shares of the electronics maker’s stock worth $427,000 after purchasing an additional 3,462 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Buying and Selling at Amphenol

In other news, VP David M. Silverman sold 100,000 shares of the stock in a transaction on Monday, August 25th. The stock was 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 in the company, valued at approximately $1,380,250. This represents a 88.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 approximately $13,880,498.85. This trade represents a 61.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,031,042 shares of company stock worth $122,532,496. Insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on APH. Industrial Alliance Securities set a $115.00 price target on Amphenol in a research report on Friday, July 11th. Evercore ISI upped 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. UBS Group set a $152.00 target price on shares of Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. 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. Finally, Citigroup upped their price objective on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $129.77.

Amphenol Trading Up 1.0%

Shares of APH opened at $137.29 on Wednesday. The firm has a 50-day moving average price of $120.43 and a 200 day moving average price of $101.97. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $137.65. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $168.05 billion, a P/E ratio of 45.76, a P/E/G ratio of 1.54 and a beta of 1.17.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating 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 analysts’ expectations of $5.54 billion. During the same quarter in the prior year, the company posted $0.50 EPS. The business’s revenue for the quarter 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. Sell-side analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. 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. Amphenol’s dividend payout ratio (DPR) is currently 22.00%.

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.