Strategic Blueprint LLC Has $1.62 Million Stock Position in Amphenol Corporation $APH

Strategic Blueprint LLC raised its position in Amphenol Corporation (NYSE:APH) by 234.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 13,062 shares of the electronics maker’s stock after purchasing an additional 9,158 shares during the quarter. Strategic Blueprint LLC’s holdings in Amphenol were worth $1,616,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Norges Bank acquired a new stake in Amphenol in the 2nd quarter valued at about $2,104,244,000. Holocene Advisors LP boosted its stake in 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 acquiring an additional 2,583,628 shares during the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Amphenol during the 2nd quarter worth $225,757,000. Geode Capital Management LLC raised its position in shares of Amphenol by 8.4% during the 2nd 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. Finally, 1832 Asset Management L.P. raised its position in shares of Amphenol by 8,384.3% during the 2nd quarter. 1832 Asset Management L.P. now owns 1,802,819 shares of the electronics maker’s stock valued at $178,028,000 after acquiring an additional 1,781,570 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Craig A. Lampo sold 258,000 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $143.20, for a total value of $36,945,600.00. Following the completion of the sale, the chief financial officer directly owned 167,695 shares in the company, valued at approximately $24,013,924. This trade represents a 60.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction that occurred 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 transaction, the insider directly owned 433,742 shares in the company, valued at approximately $58,403,360.30. This trade represents a 45.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,063,194 shares of company stock valued at $148,244,445 in the last ninety days. 1.67% of the stock is currently owned by insiders.

Amphenol Stock Down 2.0%

Amphenol stock opened at $136.19 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.57. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $144.37. The company has a fifty day simple moving average of $136.98 and a 200 day simple moving average of $121.41. The company has a market cap of $166.70 billion, a P/E ratio of 45.40, a price-to-earnings-growth ratio of 0.90 and a beta of 1.21.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, October 22nd. The electronics maker reported $0.93 EPS 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 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% on a year-over-year basis. During the same period in the prior year, the business posted $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. Research analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 16th were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. This is an increase from Amphenol’s previous quarterly dividend of $0.17. Amphenol’s dividend payout ratio (DPR) is currently 33.33%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. The Goldman Sachs Group set a $154.00 target price on Amphenol and gave the stock a “buy” rating in a report on Thursday, October 23rd. Evercore ISI boosted their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research report on Tuesday, October 7th. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and increased their target price for the stock from $120.00 to $150.00 in a research note on Wednesday, October 15th. 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. Finally, JPMorgan Chase & Co. increased their price objective 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 investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $134.08.

About Amphenol

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.