NovaPoint Capital LLC Buys 3,236 Shares of Amphenol Corporation $APH

Key Points

• NovaPoint Capital LLC increased its stake in Amphenol Corporation by 5.7%, owning a total of 59,623 shares valued at approximately $5.89 million.
• Insider transactions revealed that VP Lance E. D'Amico and insider William J. Doherty sold a combined total of 213,000 shares of Amphenol stock, totaling over $23 million.
• Equities analysts have set new price targets for Amphenol shares, with Citigroup raising its target to $145.00, and the average target price currently at $107.15.

NovaPoint Capital LLC increased its position in Amphenol Corporation (NYSE:APH - Free Report) by 5.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,623 shares of the electronics maker's stock after buying an additional 3,236 shares during the period. Amphenol accounts for approximately 1.8% of NovaPoint Capital LLC's investment portfolio, making the stock its 18th biggest holding. NovaPoint Capital LLC's holdings in Amphenol were worth $5,888,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of APH. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol in the 2nd quarter worth approximately $25,000. Hughes Financial Services LLC bought a new position in shares of Amphenol in the first quarter worth $25,000. Avalon Trust Co grew its position in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after acquiring an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in Amphenol in the first quarter worth $28,000. Finally, Saudi Central Bank purchased a new stake in Amphenol during the first quarter valued at about $31,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Insider Activity at Amphenol

In related 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 value of $11,060,000.00. Following the sale, the vice president directly owned 76,400 shares of the company's stock, valued at approximately $8,449,840. This represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction that occurred 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. Over the last 90 days, insiders have sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on APH shares. Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research note on Friday, July 11th. Citigroup reaffirmed a "buy" rating and set a $145.00 target price (up previously from $125.00) on shares of Amphenol in a research note on Wednesday. Bank of America raised their price target on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. KGI Securities assumed coverage on shares of Amphenol in a research report on Thursday, June 26th. They issued a "hold" rating for the company. Finally, Evercore ISI boosted their price objective on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 18th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $107.15.

Amphenol Stock Up 0.2%

APH stock opened at $122.60 on Friday. The firm has a market cap of $149.68 billion, a PE ratio of 48.84, a P/E/G ratio of 1.96 and a beta of 1.15. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The firm's fifty day moving average is $111.92 and its 200 day moving average is $92.08. Amphenol Corporation has a one year low of $56.45 and a one year high of $126.06.

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

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be given a $0.165 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol's dividend payout ratio is 26.29%.

About Amphenol

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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