Parcion Private Wealth LLC Has $550,000 Position in Amphenol Corporation $APH

Parcion Private Wealth LLC boosted its holdings in Amphenol Corporation (NYSE:APH) by 10.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,568 shares of the electronics maker’s stock after buying an additional 505 shares during the period. Parcion Private Wealth LLC’s holdings in Amphenol were worth $550,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Exencial Wealth Advisors LLC acquired a new position in Amphenol in the second quarter valued at approximately $236,000. Brookstone Capital Management lifted its holdings in Amphenol by 2.7% in the second quarter. Brookstone Capital Management now owns 6,326 shares of the electronics maker’s stock valued at $625,000 after buying an additional 164 shares during the period. FNY Investment Advisers LLC acquired a new position in Amphenol in the second quarter valued at approximately $1,329,000. Retirement Planning Group LLC lifted its holdings in Amphenol by 7.2% in the second quarter. Retirement Planning Group LLC now owns 5,275 shares of the electronics maker’s stock valued at $521,000 after buying an additional 355 shares during the period. Finally, Argonautica Private Wealth Management Inc. acquired a new position in Amphenol in the second quarter valued at approximately $3,723,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on APH. Barclays assumed coverage on shares of Amphenol in a report on Wednesday, October 8th. They issued an “equal weight” rating and a $120.00 price objective on the stock. Bank of America upgraded shares of Amphenol from a “neutral” rating to a “buy” rating and increased their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a report on Friday, July 11th. Truist Financial increased their target price on shares of Amphenol from $102.00 to $126.00 and gave the stock a “buy” rating in a report on Thursday, July 24th. Finally, The Goldman Sachs Group set a $139.00 target price on shares of Amphenol and gave the stock a “buy” rating in a report on Monday, September 29th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $118.00.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the firm’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the firm’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the completion of the transaction, the chief financial officer directly owned 39,884 shares of the company’s stock, valued at approximately $4,409,575.04. This trade represents a 50.12% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company’s stock.

Amphenol Trading Up 3.6%

Shares of NYSE:APH opened at $128.95 on Thursday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $135.94. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company’s fifty day simple moving average is $118.40 and its 200 day simple moving average is $99.42. The firm has a market cap of $157.44 billion, a price-to-earnings ratio of 51.38, a PEG ratio of 1.63 and a beta of 1.17.

Amphenol (NYSE:APH) last issued 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. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period last year, the business posted $0.50 earnings per share. 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, research analysts forecast 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 issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. Amphenol’s dividend payout ratio (DPR) is 26.29%.

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.