TruWealth Advisors LLC Makes New $539,000 Investment in Amphenol Corporation $APH

TruWealth Advisors LLC purchased a new stake in shares of Amphenol Corporation (NYSE:APH) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 4,359 shares of the electronics maker’s stock, valued at approximately $539,000.

Several other institutional investors also recently modified their holdings of APH. Opal Wealth Advisors LLC bought a new stake in Amphenol during the second quarter valued at approximately $25,000. Riggs Asset Managment Co. Inc. raised its position in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock valued at $25,000 after buying an additional 168 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in shares of Amphenol during the 2nd quarter worth $26,000. Evolution Wealth Management Inc. bought a new stake in shares of Amphenol during the 2nd quarter worth $31,000. Finally, Hilltop National Bank purchased a new position in Amphenol in the second quarter worth $35,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Up 0.6%

NYSE APH opened at $130.05 on Tuesday. The stock’s fifty day moving average price is $134.58 and its 200-day moving average price is $116.33. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. The stock has a market cap of $159.19 billion, a P/E ratio of 43.35, a P/E/G ratio of 1.02 and a beta of 1.19. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $144.37.

Amphenol (NYSE:APH) last announced its quarterly earnings data 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 analyst estimates of $5.54 billion. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm’s revenue for the quarter was up 53.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. 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 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. Stockholders of record on Tuesday, December 16th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, December 16th. This is a boost from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s payout ratio is 22.00%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on APH. Evercore ISI lifted their price target on Amphenol from $120.00 to $150.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. Bank of America upgraded Amphenol from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Citigroup increased their price target on shares of Amphenol from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $131.54.

Insider Buying and Selling at Amphenol

In related news, insider Luc Walter sold 365,118 shares of Amphenol stock in a transaction on Friday, October 24th. The stock was sold at an average price of $134.65, for a total value of $49,163,138.70. Following the completion of the sale, the insider owned 433,742 shares of the company’s stock, valued at $58,403,360.30. The trade was a 45.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Craig A. Lampo sold 40,076 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total value of $5,750,906.00. Following the completion of the transaction, the chief financial officer directly owned 39,884 shares in the company, valued at approximately $5,723,354. This represents a 50.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,063,194 shares of company stock worth $148,244,445. 1.67% of the stock is owned by corporate insiders.

Amphenol 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.