Amphenol Corporation $APH Shares Sold by Burney Co.

Burney Co. trimmed its stake in shares of Amphenol Corporation (NYSE:APH) by 0.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 207,792 shares of the electronics maker’s stock after selling 1,289 shares during the quarter. Burney Co.’s holdings in Amphenol were worth $20,519,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Amphenol by 114.0% in the 4th 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 raised its holdings in shares of Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker’s stock worth $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock worth $559,000 after purchasing an additional 618 shares in the last quarter. Mutual Advisors LLC raised its holdings in shares of Amphenol by 146.6% in the 1st quarter. Mutual Advisors LLC now owns 7,212 shares of the electronics maker’s stock worth $473,000 after purchasing an additional 4,288 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new stake in shares of Amphenol in the 1st quarter worth approximately $113,000. 97.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the transaction, the vice president owned 76,400 shares in the company, valued at $10,696,764. This represents a 61.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,231,042 shares of company stock valued at $150,616,896. 1.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Evercore ISI boosted 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. Wall Street Zen lowered shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday. JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a report on Friday, July 11th. Finally, UBS Group set a $152.00 price target on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $129.77.

Amphenol Stock Performance

Shares of APH opened at $139.54 on Monday. The company’s 50 day moving average price is $122.26 and its 200 day moving average price is $103.79. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $141.72. The company has a market capitalization of $170.80 billion, a PE ratio of 46.51, a PEG ratio of 1.58 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07.

Amphenol (NYSE:APH) last announced its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 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 firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the previous year, the firm posted $0.50 earnings per share. The firm’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. Research analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal 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 given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, December 16th. This is a boost from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol’s payout ratio is presently 33.33%.

Amphenol 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.