AustralianSuper Pty Ltd Purchases Shares of 788,740 Amphenol Corporation $APH

AustralianSuper Pty Ltd acquired a new position in shares of Amphenol Corporation (NYSE:APH) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 788,740 shares of the electronics maker’s stock, valued at approximately $77,888,000.

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

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 100,000 shares of the company’s stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. This represents a 88.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the transaction, the chief financial officer owned 39,884 shares of the company’s stock, valued at $4,409,575.04. This trade represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 over the last three months. 1.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

APH has been the topic of several research analyst reports. Industrial Alliance Securities set a $115.00 price objective on Amphenol in a research note on Friday, July 11th. Barclays assumed coverage on shares of Amphenol in a research report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price target on the stock. Wall Street Zen raised shares of Amphenol from a “buy” rating to a “strong-buy” rating in a research report on Saturday. JPMorgan Chase & Co. lifted their target price on shares of Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a report on Friday. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Amphenol currently has a consensus rating of “Moderate Buy” and an average price target of $129.77.

Amphenol Stock Performance

NYSE:APH opened at $133.80 on Monday. The firm has a 50-day moving average of $119.39 and a two-hundred day moving average of $100.97. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The stock has a market cap of $163.35 billion, a P/E ratio of 44.60, a PEG ratio of 1.51 and a beta of 1.17. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $137.65.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The business had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.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 company earned $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. On average, research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Amphenol’s dividend payout ratio (DPR) is currently 22.00%.

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.