Cetera Investment Advisers Purchases 18,331 Shares of Amphenol Corporation $APH

Cetera Investment Advisers grew its position in shares of Amphenol Corporation (NYSE:APH) by 9.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 222,390 shares of the electronics maker’s stock after buying an additional 18,331 shares during the quarter. Cetera Investment Advisers’ holdings in Amphenol were worth $21,961,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Amphenol by 1.9% in the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Amphenol by 8.4% during the 2nd quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock worth $2,804,338,000 after purchasing an additional 2,217,079 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of Amphenol by 196.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock worth $1,098,190,000 after buying an additional 11,092,282 shares during the last quarter. Wellington Management Group LLP increased its holdings in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after buying an additional 5,154,860 shares during the last quarter. Finally, Invesco Ltd. raised its position in Amphenol by 1.6% in the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock worth $603,362,000 after acquiring an additional 141,069 shares during the period. 97.01% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Citigroup increased their target price on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Evercore ISI raised their target price on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th. UBS Group set a $152.00 target price on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Robert W. Baird set a $139.00 price target on Amphenol and gave the stock an “outperform” rating in a research note on Friday, October 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Amphenol currently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Amphenol Trading Up 0.0%

Shares of APH stock opened at $132.38 on Wednesday. The stock has a market capitalization of $162.04 billion, a price-to-earnings ratio of 44.13, a PEG ratio of 1.58 and a beta of 1.20. The company’s fifty day simple moving average is $128.79 and its two-hundred day simple moving average is $109.31. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $144.37. 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 announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. The company had revenue of $6.19 billion during the quarter, compared to analysts’ expectations of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same period in the previous year, the business 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. As a group, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Insider Activity at Amphenol

In related news, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were 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 approximately $1,764,625. This represents a 90.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Lance E. D’amico sold 120,000 shares of the stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the sale, the vice president owned 76,400 shares in the company, valued at $10,696,764. This represents a 61.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,323,118 shares of company stock valued at $174,426,462 in the last quarter. 1.67% of the stock is currently owned by company insiders.

Amphenol Company 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.