Keystone Financial Services Invests $256,000 in Amphenol Corporation $APH

Keystone Financial Services acquired a new stake in Amphenol Corporation (NYSE:APH) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 2,597 shares of the electronics maker’s stock, valued at approximately $256,000.

A number of other large investors have also bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock worth $10,166,370,000 after acquiring an additional 2,870,933 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in Amphenol by 196.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock worth $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. Wellington Management Group LLP increased its holdings in Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after purchasing an additional 5,154,860 shares in the last quarter. Invesco Ltd. raised its stake in shares of Amphenol by 1.6% in the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock valued at $603,362,000 after purchasing an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Amphenol by 639.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker’s stock worth $574,500,000 after buying an additional 7,573,750 shares during the period. 97.01% of the stock is owned by institutional investors.

Amphenol Stock Up 0.7%

APH stock opened at $139.01 on Friday. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $142.50. The business’s 50 day simple moving average is $125.12 and its 200 day simple moving average is $105.82. 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 $170.16 billion, a PE ratio of 46.34, a PEG ratio of 1.58 and a beta of 1.20.

Amphenol (NYSE:APH) last released 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. The firm had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. As a group, research analysts anticipate 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. Shareholders of record on Tuesday, December 16th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 120,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total transaction of $16,940,400.00. Following the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. This trade represents a 90.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $134.65, for a total value of $49,163,138.70. Following the sale, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,238,042 shares of company stock valued at $155,252,726. Insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Barclays assumed coverage on Amphenol in a research note on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 target price on the stock. UBS Group set a $152.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research report on Friday, July 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised their price objective on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price 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.