Vicus Capital Makes New Investment in Amphenol Corporation $APH

Vicus Capital bought a new stake in Amphenol Corporation (NYSE:APH) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,449 shares of the electronics maker’s stock, valued at approximately $551,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Grant Private Wealth Management Inc acquired a new stake in shares of Amphenol during the third quarter valued at $515,000. Motive Wealth Advisors acquired a new stake in shares of Amphenol during the 2nd quarter worth about $215,000. LeConte Wealth Management LLC purchased a new stake in shares of Amphenol during the second quarter worth about $399,000. IFP Advisors Inc lifted its stake in shares of Amphenol by 43.1% during the second quarter. IFP Advisors Inc now owns 24,397 shares of the electronics maker’s stock valued at $2,417,000 after buying an additional 7,347 shares during the period. Finally, Advyzon Investment Management LLC boosted its position in Amphenol by 101.6% during the second quarter. Advyzon Investment Management LLC now owns 6,054 shares of the electronics maker’s stock worth $598,000 after acquiring an additional 3,051 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 120,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the vice president owned 12,500 shares of the company’s stock, valued at $1,764,625. This represents a 90.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William J. Doherty sold 80,000 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $141.04, for a total value of $11,283,200.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,063,194 shares of company stock valued at $148,244,445 over the last 90 days. Corporate insiders own 1.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on APH shares. Evercore ISI increased 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. Barclays upgraded Amphenol from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $143.00 to $156.00 in a research report on Monday. Robert W. Baird set a $139.00 price target on Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Finally, Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and raised their target price for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $142.38.

Amphenol Stock Up 3.5%

Shares of NYSE:APH opened at $145.12 on Tuesday. The stock has a 50-day simple moving average of $137.06 and a 200-day simple moving average of $122.42. The stock has a market capitalization of $177.64 billion, a P/E ratio of 48.37, a PEG ratio of 0.91 and a beta of 1.21. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $147.25. 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) last announced its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a net margin of 18.22% and a return on equity of 33.46%. The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the previous year, the company posted $0.50 earnings per share. Amphenol’s revenue 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. Equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.7%. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Tuesday, December 16th. Amphenol’s dividend payout ratio is 33.33%.

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.