LifeWealth Investments LLC Makes New $343,000 Investment in Amphenol Corporation $APH

Key Points

• LifeWealth Investments LLC has made a new investment of approximately $343,000 in Amphenol Corporation, acquiring 3,477 shares in the second quarter.
• Amphenol reported earnings of $0.93 per share for the latest quarter, exceeding expectations, with a revenue of $6.19 billion, significantly higher than estimates of $5.54 billion.
• The company recently increased its quarterly dividend from $0.17 to $0.25, with an annualized yield of 0.7% set to be paid on January 7, 2024.

LifeWealth Investments LLC bought a new position in Amphenol Corporation (NYSE:APH - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,477 shares of the electronics maker's stock, valued at approximately $343,000.

Other large investors have also added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in Amphenol in the 2nd quarter worth about $25,000. Hilltop National Bank bought a new position in Amphenol in the 2nd quarter worth about $35,000. Hughes Financial Services LLC bought a new position in Amphenol in the 1st quarter worth about $25,000. Avalon Trust Co boosted its position in shares of Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after acquiring an additional 232 shares during the last quarter. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol during the 1st quarter valued at about $28,000. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

NYSE:APH opened at $135.57 on Friday. The business has a 50 day moving average of $118.89 and a 200 day moving average of $99.94. The company has a market capitalization of $165.52 billion, a price-to-earnings ratio of 45.19, a PEG ratio of 1.55 and a beta of 1.17. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $136.52. 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 released its earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.14. The company had revenue of $6.19 billion during the quarter, compared to the consensus estimate of $5.54 billion. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.Amphenol's quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, sell-side analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid a $0.25 dividend. This is an increase from Amphenol's previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Amphenol's payout ratio is presently 26.29%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Industrial Alliance Securities set a $115.00 price target on Amphenol in a research report on Friday, July 11th. JPMorgan Chase & Co. lifted their price target on Amphenol from $145.00 to $160.00 and gave the company an "overweight" rating in a research report on Thursday. Bank of America upgraded Amphenol from a "neutral" rating to a "buy" rating and lifted their price target for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. KGI Securities assumed coverage on Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Finally, Robert W. Baird set a $139.00 price target on Amphenol and gave the company an "outperform" rating in a research report on Friday, October 10th. Ten 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, the company has an average rating of "Moderate Buy" and a consensus price target of $125.00.

Insider Buying and Selling

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the transaction, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. The trade was a 56.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock valued at $73,369,357 over the last quarter. Company 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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