Caliber Wealth Management LLC KS Acquires Shares of 20,604 Amphenol Corporation $APH

Key Points

• Caliber Wealth Management LLC has acquired 20,604 shares of Amphenol Corporation valued at approximately $2,035,000, indicating strong institutional interest in the electronics maker.
• Several analysts have recently upgraded Amphenol's stock, with Bank of America raising its price target from $120 to $150 and a consensus rating of "Moderate Buy" among analysts.
• Insider trading activity has been significant, with William J. Doherty selling 113,000 shares worth over $12 million, reflecting a notable decrease in insider ownership.

Caliber Wealth Management LLC KS bought a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,604 shares of the electronics maker's stock, valued at approximately $2,035,000.

A number of other hedge funds have also modified their holdings of the business. Tranquility Partners LLC grew its stake in Amphenol by 0.8% during the 2nd quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker's stock worth $1,322,000 after purchasing an additional 107 shares in the last quarter. EWA LLC boosted its stake in shares of Amphenol by 2.3% in the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker's stock valued at $514,000 after buying an additional 115 shares during the period. Mather Group LLC. grew its position in shares of Amphenol by 0.5% during the second quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker's stock worth $2,261,000 after buying an additional 118 shares in the last quarter. Independent Advisor Alliance grew its position in shares of Amphenol by 1.7% during the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock worth $471,000 after buying an additional 122 shares in the last quarter. Finally, Traveka Wealth LLC increased its stake in shares of Amphenol by 3.9% during the second quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker's stock worth $324,000 after buying an additional 123 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on APH shares. Bank of America upgraded shares of Amphenol from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. UBS Group set a $120.00 target price on shares of Amphenol in a research note on Tuesday, October 7th. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. The Goldman Sachs Group set a $139.00 price objective on Amphenol and gave the stock a "buy" rating in a research report on Monday, September 29th. Finally, Barclays started coverage on Amphenol in a report on Wednesday, October 8th. They issued an "equal weight" rating and a $120.00 price objective on the stock. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $118.00.

Insider Buying and Selling at Amphenol

In other Amphenol 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 transaction of $12,462,770.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 transaction of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares of the company's stock, valued at $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Performance

NYSE APH opened at $124.60 on Wednesday. The company has a fifty day moving average of $118.01 and a two-hundred day moving average of $99.22. The company has a market capitalization of $152.13 billion, a PE ratio of 49.64, a P/E/G ratio of 1.67 and a beta of 1.17. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $128.12. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46.

Amphenol (NYSE:APH - Get Free Report) last posted 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 30.58% and a net margin of 16.90%.Amphenol's revenue was up 53.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 EPS. 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 expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 16th. Amphenol's dividend payout ratio is presently 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.

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