Venturi Wealth Management LLC Sells 4,804 Shares of Amphenol Corporation $APH

Venturi Wealth Management LLC decreased its stake in shares of Amphenol Corporation (NYSE:APH) by 21.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,123 shares of the electronics maker’s stock after selling 4,804 shares during the period. Venturi Wealth Management LLC’s holdings in Amphenol were worth $2,243,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of APH. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the second quarter worth approximately $25,000. Financial Management Professionals Inc. grew its holdings in Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock valued at $25,000 after buying an additional 90 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its position in Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares during the period. Howard Hughes Medical Institute acquired a new stake in shares of Amphenol during the second quarter worth $26,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of Amphenol in the third quarter valued at about $30,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 258,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 167,695 shares in the company, valued at $24,013,924. This trade represents a 60.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Lance E. D’amico sold 120,000 shares of the company’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $140.01, for a total transaction of $16,801,200.00. Following the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $10,696,764. This trade represents a 61.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,063,194 shares of company stock valued at $148,244,445. 1.67% of the stock is owned by company insiders.

Amphenol Stock Performance

Shares of NYSE:APH opened at $138.88 on Thursday. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $144.37. The stock has a market capitalization of $169.99 billion, a price-to-earnings ratio of 46.29, a price-to-earnings-growth ratio of 0.92 and a beta of 1.21. 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’s 50 day simple moving average is $137.04 and its 200 day simple moving average is $121.31.

Amphenol (NYSE:APH) last issued its 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 return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same quarter last year, the business posted $0.50 EPS. The company’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. As a group, research analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Increases Dividend

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

Analysts Set New Price Targets

APH has been the subject of several analyst reports. Citigroup lifted their price objective on shares of Amphenol from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, October 23rd. 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 report on Thursday, October 23rd. The Goldman Sachs Group set a $154.00 price target on Amphenol and gave the company a “buy” rating in a research note on Thursday, October 23rd. Wall Street Zen lowered Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, November 2nd. Finally, Robert W. Baird set a $139.00 target price on Amphenol and gave the company an “outperform” rating in a research report on Friday, October 10th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $134.08.

Amphenol Company 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.