Noesis Capital Mangement Corp Has $32.35 Million Position in Amphenol Corporation $APH

Noesis Capital Mangement Corp trimmed its stake in shares of Amphenol Corporation (NYSE:APH) by 23.6% during the third quarter, HoldingsChannel reports. The fund owned 261,421 shares of the electronics maker’s stock after selling 80,627 shares during the period. Amphenol comprises about 5.0% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 5th largest position. Noesis Capital Mangement Corp’s holdings in Amphenol were worth $32,351,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Amphenol during the second quarter worth about $2,104,244,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Amphenol by 639.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker’s stock valued at $574,500,000 after buying an additional 7,573,750 shares during the last quarter. Holocene Advisors LP grew its stake in shares of Amphenol by 201.2% in the second quarter. Holocene Advisors LP now owns 3,867,434 shares of the electronics maker’s stock valued at $381,909,000 after buying an additional 2,583,628 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Amphenol during the second quarter worth $225,757,000. Finally, Geode Capital Management LLC lifted its stake in Amphenol by 8.4% in the second quarter. Geode Capital Management LLC now owns 28,513,760 shares of the electronics maker’s stock valued at $2,804,338,000 after acquiring an additional 2,217,079 shares during the last quarter. Institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of NYSE:APH opened at $138.88 on Thursday. Amphenol Corporation has a one year low of $56.45 and a one year high of $144.37. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52. The company has a market cap of $169.99 billion, a price-to-earnings ratio of 46.29, a PEG ratio of 0.92 and a beta of 1.21. The firm has a 50 day simple moving average of $137.04 and a 200 day simple moving average of $121.31.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.54 billion. During the same period in the prior year, the business earned $0.50 earnings per share. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS and its Q4 2025 guidance at 0.890-0.910 EPS. Research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, December 16th. This is a positive change from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Analyst Ratings Changes

APH has been the topic of a number of research analyst reports. The Goldman Sachs Group set a $154.00 target price on shares of Amphenol and gave the company a “buy” rating in a report on Thursday, October 23rd. Evercore ISI boosted their price objective on shares of Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, October 7th. Truist Financial boosted their price target on Amphenol from $147.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, December 19th. JPMorgan Chase & Co. raised their price objective on Amphenol from $145.00 to $160.00 and gave the stock an “overweight” rating in a research note on Thursday, October 23rd. Finally, Barclays upped their target price on Amphenol from $120.00 to $143.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.08.

Insider Activity

In related news, CFO Craig A. Lampo sold 40,076 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $143.50, for a total transaction of $5,750,906.00. Following the sale, the chief financial officer owned 39,884 shares in the company, valued at $5,723,354. This represents a 50.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David M. Silverman sold 120,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $141.17, for a total value of $16,940,400.00. Following the sale, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,764,625. This represents a 90.57% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 insiders.

Amphenol Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.