Cerro Pacific Wealth Advisors LLC Takes $304,000 Position in Amphenol Corporation $APH

Key Points

• Cerro Pacific Wealth Advisors LLC has acquired a new stake in Amphenol Corporation, purchasing 3,080 shares worth approximately $304,000.
• Multiple institutional investors have significantly increased their positions in Amphenol, indicating strong interest, with over 97% of shares owned by institutional investors.
• Amphenol announced a quarterly dividend of $0.165 per share, reflecting a 0.5% dividend yield for shareholders.

Cerro Pacific Wealth Advisors LLC acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 3,080 shares of the electronics maker's stock, valued at approximately $304,000.

Several other hedge funds have also recently made changes to their positions in APH. Brighton Jones LLC increased its position in shares of Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC increased its position in shares of Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after acquiring an additional 4,721 shares during the period. Bison Wealth LLC increased its position in shares of Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after acquiring an additional 618 shares during the period. GAMMA Investing LLC increased its position in shares of Amphenol by 10.9% in the 1st quarter. GAMMA Investing LLC now owns 39,430 shares of the electronics maker's stock valued at $2,586,000 after acquiring an additional 3,860 shares during the period. Finally, Integrated Advisors Network LLC increased its position in shares of Amphenol by 83.0% in the 1st quarter. Integrated Advisors Network LLC now owns 5,518 shares of the electronics maker's stock valued at $362,000 after acquiring an additional 2,502 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on APH. KGI Securities began coverage on Amphenol in a research report on Thursday, June 26th. They issued a "hold" rating on the stock. Truist Financial upped their target price on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Barclays started coverage on shares of Amphenol in a report on Wednesday. They issued an "equal weight" rating and a $120.00 price target on the stock. The Goldman Sachs Group set a $139.00 price target on shares of Amphenol and gave the company a "buy" rating in a report on Monday, September 29th. Finally, Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a report on Friday, July 11th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, Amphenol presently has an average rating of "Moderate Buy" and a consensus price target of $114.43.

Insider Activity

In other news, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the sale, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider William J. Doherty sold 113,000 shares of the stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company's stock.

Amphenol Trading Down 3.7%

APH stock opened at $121.64 on Friday. The company's 50-day simple moving average is $115.78 and its 200-day simple moving average is $96.29. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $127.50. The firm has a market cap of $148.51 billion, a P/E ratio of 48.46, a PEG ratio of 1.95 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same period in the prior year, the company posted $0.44 EPS. The company's revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.165 per share. 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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