LifeWealth Investments LLC Buys New Position in Amphenol Corporation $APH

LifeWealth Investments LLC bought a new stake in shares of Amphenol Corporation (NYSE:APH) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 3,477 shares of the electronics maker’s stock, valued at approximately $343,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Freedom Investment Management Inc. raised its holdings in shares of Amphenol by 106.1% during the second quarter. Freedom Investment Management Inc. now owns 8,226 shares of the electronics maker’s stock valued at $812,000 after acquiring an additional 4,235 shares in the last quarter. Fusion Family Wealth LLC bought a new position in shares of Amphenol during the second quarter valued at approximately $273,000. Forum Financial Management LP grew its stake in Amphenol by 11.7% in the second quarter. Forum Financial Management LP now owns 7,463 shares of the electronics maker’s stock worth $737,000 after purchasing an additional 782 shares during the period. Ethic Inc. raised its holdings in Amphenol by 1.3% in the second quarter. Ethic Inc. now owns 108,386 shares of the electronics maker’s stock worth $10,586,000 after purchasing an additional 1,424 shares in the last quarter. Finally, Caliber Wealth Management LLC KS bought a new position in Amphenol in the second quarter worth $2,035,000. Institutional investors own 97.01% of the company’s stock.

Amphenol Trading Up 5.2%

NYSE APH opened at $135.57 on Friday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $136.52. The stock has a market cap of $165.52 billion, a P/E ratio of 45.19, a P/E/G ratio of 1.55 and a beta of 1.17. The stock’s fifty day moving average price is $118.89 and its 200-day moving average price is $99.94. The company has a current ratio of 2.07, a quick ratio of 1.46 and a debt-to-equity ratio of 0.57.

Amphenol (NYSE:APH) last released its earnings results 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 return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the firm posted $0.50 earnings per share. The company’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 analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

The firm 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. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. Amphenol’s payout ratio is 26.29%.

Insiders Place Their Bets

In related news, VP David M. Silverman sold 100,000 shares of the stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the sale, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider William J. Doherty sold 113,000 shares of the 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 disclosure for this sale can be found here. Over the last three months, insiders sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

APH has been the subject of a number of research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. UBS Group set a $152.00 price objective on Amphenol and gave the stock a “buy” rating in a report on Thursday. Robert W. Baird set a $139.00 price objective on Amphenol and gave the stock an “outperform” rating in a report on Friday, October 10th. Finally, KGI Securities assumed coverage on Amphenol in a report on Thursday, June 26th. They issued a “hold” rating for the company. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Amphenol currently has an average rating of “Moderate Buy” and an average target price of $125.00.

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.