FY2025 EPS Estimates for Amphenol Lifted by Seaport Res Ptn

Amphenol Co. (NYSE:APH - Free Report) - Analysts at Seaport Res Ptn upped their FY2025 earnings per share (EPS) estimates for shares of Amphenol in a research note issued on Wednesday, April 23rd. Seaport Res Ptn analyst S. Graham now expects that the electronics maker will post earnings of $2.60 per share for the year, up from their prior forecast of $2.23. The consensus estimate for Amphenol's current full-year earnings is $2.36 per share.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The electronics maker reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.52 by $0.11. Amphenol had a return on equity of 25.67% and a net margin of 15.92%. The firm had revenue of $4.81 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the company posted $0.40 earnings per share. The firm's quarterly revenue was up 47.7% compared to the same quarter last year.

Several other analysts also recently weighed in on the company. Robert W. Baird boosted their target price on Amphenol from $73.00 to $85.00 and gave the company an "outperform" rating in a report on Thursday, April 24th. Citigroup increased their price objective on Amphenol from $75.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, April 24th. US Capital Advisors set a $85.00 price target on shares of Amphenol in a research report on Thursday, April 24th. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $85.00 to $91.00 and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Finally, Fox Advisors raised shares of Amphenol from an "equal weight" rating to an "overweight" rating and set a $85.00 target price for the company in a report on Thursday, April 24th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $81.62.

Amphenol Stock Up 1.7 %

NYSE:APH traded up $1.31 during midday trading on Monday, hitting $79.94. 1,722,303 shares of the company were exchanged, compared to its average volume of 7,435,152. The company has a current ratio of 2.37, a quick ratio of 1.75 and a debt-to-equity ratio of 0.66. Amphenol has a fifty-two week low of $54.77 and a fifty-two week high of $80.12. The company has a market capitalization of $96.87 billion, a PE ratio of 41.71, a price-to-earnings-growth ratio of 1.92 and a beta of 1.17. The company has a fifty day simple moving average of $66.22 and a 200 day simple moving average of $69.27.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Tuesday, June 17th will be paid a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.83%. Amphenol's dividend payout ratio (DPR) is 32.04%.

Insider Buying and Selling

In other news, CEO Richard Adam Norwitt sold 2,000,000 shares of the firm's stock in a transaction on Friday, April 25th. The stock was sold at an average price of $75.73, for a total value of $151,460,000.00. Following the completion of the transaction, the chief executive officer now owns 2,002,507 shares in the company, valued at $151,649,855.11. This trade represents a 49.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Lance E. D'amico sold 175,000 shares of the business's stock in a transaction dated Friday, April 25th. The stock was sold at an average price of $76.28, for a total transaction of $13,349,000.00. Following the completion of the sale, the vice president now owns 51,400 shares in the company, valued at $3,920,792. This represents a 77.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,965,000 shares of company stock valued at $224,785,900. Corporate insiders own 1.67% of the company's stock.

Institutional Trading of Amphenol

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in APH. Hughes Financial Services LLC purchased a new position in shares of Amphenol during the first quarter valued at approximately $25,000. Tacita Capital Inc lifted its stake in shares of Amphenol by 328.9% during the 4th quarter. Tacita Capital Inc now owns 386 shares of the electronics maker's stock worth $27,000 after purchasing an additional 296 shares during the period. Sierra Ocean LLC acquired a new stake in shares of Amphenol during the fourth quarter worth $28,000. Rialto Wealth Management LLC purchased a new stake in shares of Amphenol in the fourth quarter valued at $28,000. Finally, Rakuten Securities Inc. increased its stake in Amphenol by 703.8% in the fourth quarter. Rakuten Securities Inc. now owns 418 shares of the electronics maker's stock valued at $29,000 after purchasing an additional 366 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

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.