Fusion Family Wealth LLC Acquires Shares of 2,766 Amphenol Corporation $APH

Fusion Family Wealth LLC acquired a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,766 shares of the electronics maker's stock, valued at approximately $273,000.

A number of other hedge funds also recently made changes to their positions in APH. T. Rowe Price Investment Management Inc. lifted its position in shares of Amphenol by 196.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after buying an additional 11,092,282 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Amphenol by 639.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock valued at $574,500,000 after buying an additional 7,573,750 shares during the last quarter. Nuveen LLC acquired a new position in Amphenol in the 1st quarter valued at about $476,842,000. Wellington Management Group LLP grew its stake in Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after buying an additional 5,154,860 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in Amphenol by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after buying an additional 2,870,933 shares during the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on APH shares. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the company an "outperform" rating in a research note on Friday, October 10th. Barclays began coverage on shares of Amphenol in a research note on Wednesday, October 8th. They issued an "equal weight" rating and a $120.00 price target on the stock. Citigroup restated a "buy" rating and set a $145.00 target price (up previously from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research report on Friday, July 11th. Finally, Evercore ISI increased their target price on shares of Amphenol from $120.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 7th. Ten investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and a consensus target price of $118.00.

Amphenol Price Performance

Shares of NYSE:APH opened at $128.95 on Thursday. The company has a market cap of $157.44 billion, a price-to-earnings ratio of 51.38, a PEG ratio of 1.63 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The firm has a 50 day simple moving average of $118.40 and a 200 day simple moving average of $99.42. Amphenol Corporation has a one year low of $56.45 and a one year high of $135.94.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. The business had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm's revenue was up 53.4% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be issued a $0.25 dividend. The ex-dividend date is Tuesday, December 16th. This is a positive change from Amphenol's previous quarterly dividend of $0.17. This represents a $1.00 annualized dividend and a yield of 0.8%. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

Insider Activity

In related news, CFO Craig A. Lampo sold 199,848 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the transaction, the chief financial officer owned 125,695 shares in the company, valued at $13,880,498.85. The trade was a 61.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 in the last three months. Corporate insiders own 1.67% of the company's stock.

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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