Amphenol Corporation $APH Shares Sold by Liontrust Investment Partners LLP

by · The Markets Daily

Liontrust Investment Partners LLP reduced its position in shares of Amphenol Corporation (NYSE:APH – Free Report) by 60.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 220,047 shares of the electronics maker’s stock after selling 343,335 shares during the period. Liontrust Investment Partners LLP’s holdings in Amphenol were worth $21,730,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new stake in shares of Amphenol in the 2nd quarter valued at approximately $25,000. Riggs Asset Managment Co. Inc. grew its position in Amphenol by 200.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the period. Howard Hughes Medical Institute acquired a new stake in Amphenol during the second quarter worth $26,000. Saudi Central Bank purchased a new stake in Amphenol in the first quarter valued at $31,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Amphenol in the 1st quarter valued at $33,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Lance E. D’amico sold 120,000 shares of the business’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the completion of the transaction, the vice president directly owned 76,400 shares of the company’s stock, valued at approximately $10,696,764. The trade was a 61.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider William J. Doherty sold 80,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total transaction of $11,283,200.00. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,063,194 shares of company stock worth $148,244,445. Corporate insiders own 1.67% of the company’s stock.

Amphenol Price Performance

Shares of APH opened at $129.15 on Friday. The company has a market cap of $158.09 billion, a P/E ratio of 43.05, a PEG ratio of 1.02 and a beta of 1.19. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $144.37. The company has a quick ratio of 1.52, a current ratio of 2.07 and a debt-to-equity ratio of 0.57. The firm’s 50 day moving average price is $134.44 and its 200 day moving average price is $115.84.

Amphenol (NYSE:APH – Get Free Report) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, topping 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 18.22% and a return on equity of 33.46%. The company’s quarterly revenue was up 53.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. On average, research analysts forecast 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 given a $0.25 dividend. 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 0.8%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio is 22.00%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on APH. Citigroup raised their price objective on Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. UBS Group set a $152.00 price target on shares of Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Truist Financial increased their price objective on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, November 2nd. Finally, JPMorgan Chase & Co. upped their price target on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

View Our Latest Analysis on Amphenol

Amphenol Profile

(Free Report)

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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