Core Viewpoint - Amphenol Corporation has demonstrated strong financial performance and growth potential, significantly outperforming the broader technology sector in recent months and years [2][3][5]. Financial Performance - Amphenol's revenue for Q3 2025 increased by 53.4% year over year to $6.19 billion, exceeding the consensus estimate of $5.48 billion, driven by high demand for interconnect solutions in IT datacom and communication networks [5]. - Adjusted EPS for Q3 2025 rose by 86% to $0.93, surpassing the Street's estimate of $0.79 [5]. - For fiscal Q4 2025, Amphenol forecasts sales between $6 billion and $6.1 billion, indicating a growth of 39% to 41% year over year, with adjusted diluted EPS projected between $0.89 and $0.91, reflecting a growth of 62% to 65% [5]. - For the full fiscal year 2025, sales are anticipated to be between $22.66 billion and $22.76 billion, with adjusted diluted EPS expected in the range of $3.26 to $3.28, representing annual increases of 49% to 50% and 72% to 74%, respectively [6]. Stock Performance - Amphenol's stock is currently trading approximately 3.9% below its November high of $144.37, but has rallied nearly 26.2% over the past three months, significantly outperforming the Technology Select Sector SPDR Fund (XLK), which gained only 7.9% during the same period [2]. - Over the past 52 weeks, Amphenol's stock surged by 89.4%, far exceeding XLK's 20.9% gain [3]. - Year-to-date, the stock has jumped 99.7%, again outperforming XLK's 20.9% rise [3]. - Since May, Amphenol has consistently traded above its 200-day and 50-day moving averages, indicating a sustained uptrend [3].

Core Insights - Amphenol (APH) is experiencing significant growth, primarily driven by its Communication Solutions segment, which accounts for nearly half of total sales and saw a 96.4% year-over-year increase in Q3 [1][11] Group 1: Revenue Drivers - The surge in revenue is attributed to the rapid expansion of next-generation data centers, AI compute infrastructure, and advanced communications networks, with IT datacom being the strongest contributor [2] - Demand for high-speed, power, and fiber-optic interconnects is robust, essential for AI workloads, with both AI-driven and traditional datacom products showing strong growth [2] Group 2: Segment Performance - Communications networks have also contributed positively, supported by increased operator spending and the integration of the Andrew acquisition, leading to a segment operating margin of 32.7%, a 710-basis-point improvement from the previous year [3] - The acquisition strategy, including the pending acquisition of CommScope's CCS business expected in early 2026, is set to enhance Amphenol's competitive position [4] Group 3: Future Projections - Projections for the Communication Solutions segment remain strong, with expected revenue growth of 87% in 2025 and 19% in 2026, driven by increasing complexity in AI architectures and global bandwidth needs [5] Group 4: Competitive Landscape - Amphenol faces competition from TE Connectivity (TEL) and Astera Labs (ALAB), with TEL being a formidable rival across various sectors including automotive and high-speed communications [6][7] - Astera Labs is emerging as a challenger in high-speed connectivity, focusing on semiconductor-based solutions for AI and cloud infrastructure [8] Group 5: Share Performance and Valuation - Amphenol's shares have increased by 89.7% year-to-date, outperforming the broader Zacks Computer & Technology sector's growth of 27.5% [9] - The Zacks Consensus Estimate for Amphenol's 2025 earnings is $3.29 per share, reflecting a 74.07% year-over-year increase [16]

Group 1 - Amphenol Corporation (NYSE:APH) is recognized as a strong long-term investment option, with Barclays raising its price target from $120 to $143 while maintaining an Equal Weight rating [1] - The company reported a significant 53% year-over-year growth in sales, driven by robust organic growth across nearly all end markets and contributions from its acquisition strategy [2] - The operating margin for the quarter reached a record high of 27.5%, indicating strong profitability [2] Group 2 - Amphenol completed the acquisition of Trexon for approximately $1 billion in cash, which is expected to be accretive to earnings in the first year and will be included in the Harsh Environment Solutions segment [3] - The company specializes in the design, marketing, and manufacturing of various connectors, antennas, interconnect systems, sensors, and specialty cables, with operations divided into three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems [4]

Core Insights - Amphenol (APH) and TE Connectivity (TEL) are leading global manufacturers of electrical connectors, sensors, and interconnect systems, serving critical markets such as automotive, industrial, aerospace, and communications [1][2] - Both companies are benefiting from long-term trends including vehicle electrification, data-center growth, and the demand for high-speed connectivity [2] Amphenol Overview - Amphenol reported record sales of $6.2 billion in Q3, a 53% increase year-over-year, with 41% organic growth and $6.1 billion in orders [3][4] - The company achieved a record operating margin of 27.5%, with adjusted EPS growing by 86% and free cash flow reaching $1.2 billion [3] - Amphenol's IT datacom business, now 37% of total sales, more than doubled due to strong AI-related demand [4] - Future opportunities include AI growth, defense spending, recovery in commercial aerospace, and electric vehicle transitions, with projected Q4 earnings between $0.89 and $0.91 per share [5][6] TE Connectivity Overview - TE Connectivity reported record Q4 revenues of $4.75 billion, a 17% year-over-year increase, with adjusted EPS rising 25% to $2.44 [7] - The company’s Industrial Solutions segment saw significant growth, with Digital Data Networks increasing by 80% and generating over $900 million in AI-related revenues [8] - TE Connectivity anticipates double-digit growth in Q1 of fiscal 2026, with sales up 17% and adjusted EPS up 23% [10] Comparative Performance - Year-to-date, Amphenol shares have increased by 98.4%, outperforming TE Connectivity's 55.5% increase [12] - Amphenol's shares are trading at a forward Price/Sales ratio of 6.67X, compared to TEL's 3.42X, reflecting its faster revenue and earnings growth [15] - The Zacks Consensus Estimate for Amphenol's 2025 earnings is $3.29 per share, indicating a 74.07% year-over-year increase, while TEL's estimate for fiscal 2026 is $10.56 per share, reflecting a 20.55% increase [18][20] Investment Outlook - Amphenol is positioned as the stronger stock due to its robust revenue and earnings growth, exceptional operating margins, and dominant position in AI-driven datacenter interconnects [21] - TE Connectivity, while steady, faces uneven end-market exposure, making Amphenol a more compelling buy in the current market [21]

Core Insights - The American Century U.S. Quality Growth ETF (QGRO) has made significant adjustments to its holdings, reflecting the flexibility of ETF managers in response to market movements [1][3][6] Fund Overview - QGRO was launched in September 2018 and charges 29 basis points for investing in U.S. firms with high growth potential and strong fundamentals [2] - The fund tracks the American Century U.S. Quality Growth Index, which screens for factors like income and quality using metrics such as cash flow and profitability [2] Recent Changes in Holdings - Notable changes in QGRO's portfolio include the dropping of at least two stocks and the addition of two new stocks, along with adjustments to the weights of six existing stocks [3] - Major tech companies such as Alphabet (GOOGL), Meta Platforms (META), and Amazon (AMZN) saw their weights decrease by 1.22%, 1.32%, and 1.74% respectively between November 21 and 24 [3] - Conversely, Amphenol Corporation (APH), Ralph Lauren Corporation (RL), and Expedia Group, Inc. (EXPE) experienced weight increases of 3.53%, 2.1%, and 1.33% respectively [4] Specific Stock Adjustments - The two stocks that were dropped from QGRO included Itron Inc. (ITRI) and Booz Allen Hamilton Holding Corporation (BAH), which had weights of 0.76% and 0.72% respectively before being removed [5] - The largest additions to the fund were Cardinal Health, Inc. (CAH) and HCA Healthcare, Inc. (HCA), with weights of 1.08% and 1.25% respectively [5] Performance Metrics - QGRO has achieved a year-to-date return of 12.4%, focusing on quality and growth-oriented companies [6] - The recent reduction in weight for three major tech stocks may attract investors looking to diversify into other rising companies [6]

Core Insights - Madison Mid Cap Fund's Class I returned 1.9% in Q3 2025, underperforming the Russell Midcap Index which increased by 5.3% [1] - Information Technology sector led the performance in both the quarter and year-to-date [1] Company Performance - Amphenol Corporation (NYSE: APH) reported a one-month return of -2.59% but gained 75.47% over the last 52 weeks, closing at $130.36 per share with a market capitalization of $159.568 billion on November 20, 2025 [2] - Amphenol's Q3 sales increased by 53% in US dollars and 52% in local currencies, reaching $6.194 billion [4] Investment Insights - Madison Mid Cap Fund highlighted Amphenol as a strong performer due to its revenue growth driven by AI-related data center spending, alongside other companies like Arista Networks and MKS [3] - The number of hedge funds holding Amphenol increased from 69 to 81 in the second quarter, indicating growing interest [4]

Core Insights - Amphenol (APH) is implementing an aggressive acquisition strategy that is yielding positive results, enhancing its long-term growth prospects [1] - The company's third-quarter performance showcases strong organic demand and the benefits of targeted M&A efforts, improving its competitive position [1][10] Acquisition Strategy - The acquisition of Rochester Sensors demonstrates Amphenol's focus on acquiring specialized technologies to enhance its interconnect and sensor systems portfolio [2] - Amphenol completed the acquisition of Trexon for approximately $1 billion, which adds harsh-environment connectivity solutions to its offerings [2] - The pending acquisition of CommScope's Connectivity & Cable Solutions (CCS) business is expected to close in Q1 2026, significantly expanding Amphenol's fiber-optic and broadband capabilities [3] Financial Performance - Amphenol's revenue for the full year 2025 is projected to reach $22.74 billion, reflecting a robust 49% year-over-year increase [4] - Management's sales outlook for Q4 2025 is between $6.0 billion and $6.1 billion, indicating an accelerating growth trajectory [4] - The Zacks Consensus Estimate for Amphenol's 2025 earnings is $3.30 per share, representing a 74.6% increase year-over-year [14] Competitive Landscape - TE Connectivity and Belden Inc. are Amphenol's main competitors, both pursuing active acquisition strategies in similar markets [5] - TE Connectivity focuses on high-ROIC M&A and allocates more free cash flow to buybacks and dividends, contrasting with Amphenol's broader acquisition approach [6] - Belden emphasizes innovation and capability upgrades, operating with a more specialized strategy compared to Amphenol's broad-scale consolidation efforts [7] Share Price and Valuation - Amphenol's shares have increased by 90.5% year-to-date, outperforming the broader Zacks Computer & Technology sector's growth of 23.6% [8] - The company is currently trading at a forward P/E of 35.13X, which is higher than the sector's average of 28.37X [11]

Core Insights - Amphenol Corporation has completed the acquisition of Trexon for approximately $1 billion in cash, positioning itself as one of the best aggressive growth stocks to buy currently [1][3] Group 1: Acquisition Details - The acquisition of Trexon, which specializes in high-reliability interconnect and cable assemblies primarily for the defense industry, is expected to enhance Amphenol's offerings in the Harsh Environment Solutions segment [2][3] - Trexon is projected to generate sales of around $290 million and achieve EBITDA margins of approximately 26% by 2025 [2] Group 2: Strategic Implications - The integration of Trexon's high-reliability cable assembly products with Amphenol's advanced interconnect solutions is anticipated to bolster technology solutions for customers in the defense market [4] - The acquisition is expected to be accretive to Amphenol's earnings per share in the first year following the closing [3] Group 3: Company Overview - Amphenol Corporation is a leading global entity engaged in the design, manufacturing, and marketing of various electrical, electronic, and fiber optic connectors, interconnect systems, antennas, sensors, and specialty cables [5]

Core Viewpoint - Corning Inc. (GLW) has experienced a decline of 7.8% in its stock price, prompting investors to consider alternative investment options, particularly Amphenol (APH), which shows stronger financial performance and lower valuation [2]. Financial Performance Comparison - Amphenol's quarterly revenue growth stands at 53.4%, significantly higher than Corning's 20.9% [2]. - Over the last 12 months, Amphenol's revenue growth is 47.4%, compared to Corning's 18.3% [2]. - Amphenol's profitability is superior, with a last 12 months margin of 24.6% and a three-year average margin of 22.2%, outperforming Corning [2]. Valuation & Performance Overview - A side-by-side analysis of financials reveals that Corning's fundamentals lag behind Amphenol in terms of growth, margins, momentum, and valuation multiples [3]. - The Trefis High Quality Portfolio (HQ), which includes 30 stocks, has consistently outperformed its benchmark, achieving returns exceeding 105% since its formation, suggesting a less volatile investment option compared to individual stocks [4][7].

Core Insights - The content emphasizes the importance of conducting personal due diligence before making any financial decisions, particularly in the context of investments and trading [1] Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1] - It explicitly states that the information should not be interpreted as investment advice or recommendations [1] - Users are encouraged to consult their own advisors and consider their financial situation before making decisions [1] Group 2 - The website includes information on complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1] - It highlights the necessity for users to understand these instruments fully before investing [1] - The content warns that trading decisions made based on the information provided are the sole responsibility of the user [1]