Amphenol Corporation $APH Shares Acquired by Wedbush Securities Inc.

Wedbush Securities Inc. grew its holdings in Amphenol Corporation (NYSE:APH) by 7.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 13,256 shares of the electronics maker’s stock after acquiring an additional 907 shares during the quarter. Wedbush Securities Inc.’s holdings in Amphenol were worth $1,309,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in shares of Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker’s stock worth $1,224,000 after buying an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC raised 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 acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC lifted its position in Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker’s stock valued at $559,000 after acquiring an additional 618 shares during the last quarter. Allworth Financial LP boosted its stake in Amphenol by 13.4% in the first quarter. Allworth Financial LP now owns 9,155 shares of the electronics maker’s stock valued at $600,000 after acquiring an additional 1,084 shares in the last quarter. Finally, Arizona State Retirement System grew its holdings in shares of Amphenol by 4.0% during the first quarter. Arizona State Retirement System now owns 360,855 shares of the electronics maker’s stock worth $23,668,000 after purchasing an additional 13,756 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Insider Activity

In other Amphenol news, VP David M. Silverman sold 120,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the completion of the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total value of $11,283,200.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,125,042 shares of company stock valued at $142,789,956 over the last three months. 1.67% of the stock is currently owned by corporate insiders.

Amphenol Stock Up 0.7%

APH stock opened at $139.01 on Monday. The stock has a market capitalization of $170.16 billion, a PE ratio of 46.34, a price-to-earnings-growth ratio of 1.58 and a beta of 1.20. The company has a fifty day moving average of $125.12 and a 200-day moving average of $106.35. 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 Corporation has a one year low of $56.45 and a one year high of $142.50.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) 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 firm had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the company posted $0.50 earnings per share. The firm’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. As a group, analysts expect 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. Investors of record on Tuesday, December 16th will be paid 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 is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is presently 33.33%.

Wall Street Analyst Weigh In

APH has been the subject of several research reports. Truist Financial boosted their target price on Amphenol from $126.00 to $147.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Citigroup boosted their price objective on Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. UBS Group set a $152.00 target price on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and increased their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $129.77.

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.