Exencial Wealth Advisors LLC Acquires New Position in Amphenol Corporation $APH

Key Points

• Exencial Wealth Advisors LLC has acquired a new stake in Amphenol Corporation, purchasing 2,393 shares valued at approximately $236,000 during the 2nd quarter.
• Amphenol's recent quarterly earnings report revealed $0.93 earnings per share, exceeding analysts' estimates, with revenue reaching $6.19 billion, reflecting a 53.4% year-over-year increase.
• The company announced a quarterly dividend increase to $0.25 per share, which will be paid out on January 7, signaling a positive change from its previous dividend of $0.17.

Exencial Wealth Advisors LLC acquired a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,393 shares of the electronics maker's stock, valued at approximately $236,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Opal Wealth Advisors LLC bought a new stake in Amphenol in the second quarter valued at about $25,000. Hilltop National Bank bought a new stake in Amphenol in the second quarter valued at about $35,000. Hughes Financial Services LLC bought a new stake in Amphenol in the first quarter valued at about $25,000. Avalon Trust Co increased 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 buying an additional 232 shares during the last quarter. Finally, N.E.W. Advisory Services LLC bought a new stake in Amphenol in the first quarter valued at about $28,000. 97.01% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on APH. Truist Financial boosted their price objective on Amphenol from $126.00 to $147.00 and gave the company a "buy" rating in a report on Thursday. Citigroup upped their target price on Amphenol from $145.00 to $160.00 and gave the company a "buy" rating in a report on Thursday. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a report on Friday. Finally, Robert W. Baird set a $139.00 target price on Amphenol and gave the company an "outperform" rating in a report on Friday, October 10th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $129.77.

Amphenol Stock Performance

Shares of APH stock opened at $133.80 on Friday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $137.65. The firm has a market capitalization of $163.35 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 1.63 and a beta of 1.17. The business has a 50 day simple moving average of $119.39 and a 200 day simple moving average of $100.45. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.46.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data 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. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The business had revenue of $6.19 billion during the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the company posted $0.50 EPS. The business's revenue for the quarter was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. On average, equities research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders 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 yield of 0.7%. This is a positive change from Amphenol's previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. Amphenol's payout ratio is currently 33.33%.

Insider Transactions at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the sale, the vice president 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. 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.

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