Key Points
- Insider William Doherty sold 80,000 shares of Amphenol on Dec. 2 at an average of $142, totaling about $11.36 million, per an SEC filing.
- Amphenol beat Q3 estimates with $0.93 EPS versus $0.79 expected and revenue of $6.19B (up 53.4% YoY), and set FY2025 guidance of $3.260–$3.280 EPS and Q4 guidance of $0.890–$0.910.
- The board raised the quarterly dividend to $0.25 (from $0.17), payable Jan. 7 with an ex-dividend date of Dec. 16, implying a $1.00 annualized payout and roughly a 0.7% yield.
Amphenol Corporation (NYSE:APH - Get Free Report) insider William Doherty sold 80,000 shares of the company's stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $142.00, for a total value of $11,360,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Amphenol Price Performance
Shares of NYSE APH opened at $141.64 on Wednesday. The stock's 50-day simple moving average is $132.05 and its 200-day simple moving average is $113.13. The firm has a market capitalization of $173.38 billion, a PE ratio of 47.21, a price-to-earnings-growth ratio of 1.09 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 debt-to-equity ratio of 0.57, a quick ratio of 1.52 and a current ratio of 2.07.
Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 EPS for the quarter, beating the consensus estimate of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The company had revenue of $6.19 billion for the quarter, compared to analyst estimates of $5.54 billion. During the same period in the prior year, the firm posted $0.50 earnings per share. The firm's revenue was up 53.4% on a year-over-year basis. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. As a group, equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.
Amphenol Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. This is an increase from Amphenol's previous quarterly dividend of $0.17. Amphenol's dividend payout ratio (DPR) is 22.00%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the stock. Truist Financial boosted their price target on shares of Amphenol from $126.00 to $147.00 and gave the company a "buy" rating in a research report on Thursday, October 23rd. Citigroup boosted their target price on Amphenol from $145.00 to $160.00 and gave the company a "buy" rating in a report on Thursday, October 23rd. Robert W. Baird set a $139.00 price target on Amphenol and gave the stock an "outperform" rating in a research note on Friday, October 10th. Bank of America upgraded Amphenol from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $120.00 to $150.00 in a research note on Wednesday, October 15th. Finally, JPMorgan Chase & Co. raised their target price on shares of Amphenol from $145.00 to $160.00 and gave the stock an "overweight" rating in a research report on Thursday, October 23rd. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $131.54.
Read Our Latest Stock Analysis on Amphenol
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Swiss Life Asset Management Ltd raised its stake in shares of Amphenol by 13.3% during the third quarter. Swiss Life Asset Management Ltd now owns 298,958 shares of the electronics maker's stock worth $36,996,000 after purchasing an additional 35,037 shares during the last quarter. Groupama Asset Managment increased its stake in Amphenol by 112.5% in the 3rd quarter. Groupama Asset Managment now owns 27,261 shares of the electronics maker's stock valued at $3,374,000 after buying an additional 14,433 shares during the period. Cambria Investment Management L.P. purchased a new position in Amphenol during the 3rd quarter worth $559,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Amphenol in the third quarter valued at about $40,000. Finally, Fulcrum Asset Management LLP increased its stake in shares of Amphenol by 261.3% during the third quarter. Fulcrum Asset Management LLP now owns 12,805 shares of the electronics maker's stock worth $1,585,000 after acquiring an additional 9,261 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.
Amphenol Company Profile
(
Get 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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