Roberts Glore & Co. Inc. IL Makes New Investment in Amphenol Corporation $APH

Roberts Glore & Co. Inc. IL purchased a new stake in Amphenol Corporation (NYSE:APH) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 2,298 shares of the electronics maker’s stock, valued at approximately $227,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hughes Financial Services LLC bought a new position in shares of Amphenol during the first quarter valued at approximately $25,000. Opal Wealth Advisors LLC acquired a new position in Amphenol during the 2nd quarter valued at approximately $25,000. Avalon Trust Co grew its stake in Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after buying an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in Amphenol in the first quarter worth $28,000. Finally, Saudi Central Bank acquired a new stake in Amphenol in the first quarter worth $31,000. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Buying and Selling

In related news, VP Lance E. D’amico sold 120,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $140.01, for a total value of $16,801,200.00. Following the sale, the vice president directly owned 76,400 shares in the company, valued at $10,696,764. The trade was a 61.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP David M. Silverman sold 120,000 shares of the firm’s 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 sale, the vice president owned 12,500 shares of the company’s stock, valued at $1,764,625. The trade was a 90.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,125,042 shares of company stock worth $142,789,956 in the last ninety days. Insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

APH has been the subject of several recent research reports. The Goldman Sachs Group set a $154.00 price target on shares of Amphenol and gave the stock a “buy” rating in a research report on Thursday, October 23rd. 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 research report on Tuesday, October 7th. Citigroup raised their price target 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. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and lifted their price target for the company from $120.00 to $150.00 in a report on Wednesday, October 15th. Finally, UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” 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 MarketBeat.com, Amphenol presently has an average rating of “Moderate Buy” and an average price target of $129.77.

Amphenol Price Performance

NYSE APH opened at $139.01 on Monday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $142.50. The firm has a market capitalization of $170.16 billion, a PE ratio of 46.34, a P/E/G ratio of 1.58 and a beta of 1.20. The company’s 50 day simple moving average is $125.12 and its 200 day simple moving average is $106.35. 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 (NYSE:APH) last issued its quarterly earnings results 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 return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period last year, the company posted $0.50 EPS. The firm’s quarterly 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. As a group, equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be given a $0.25 dividend. 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 presently 33.33%.

About Amphenol

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.