D.B. Root & Company LLC purchased a new stake in Amphenol Corporation (NYSE:APH – Free Report) in the second quarter, HoldingsChannel.com reports. The firm purchased 3,966 shares of the electronics maker’s stock, valued at approximately $392,000.
A number of other hedge funds have also modified their holdings of the company. Opal Wealth Advisors LLC acquired a new stake in Amphenol during the second quarter worth about $25,000. Hilltop National Bank acquired a new stake in Amphenol in the second quarter valued at approximately $35,000. Hughes Financial Services LLC purchased a new position in shares of Amphenol in the first quarter valued at approximately $25,000. Avalon Trust Co lifted its position in shares of Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after acquiring an additional 232 shares in the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Amphenol in the first quarter valued at approximately $28,000. 97.01% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of brokerages recently commented on APH. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 10th. Citigroup reaffirmed a “buy” rating and issued a $145.00 price objective (up from $125.00) on shares of Amphenol in a research note on Wednesday, September 24th. JPMorgan Chase & Co. boosted their target price on Amphenol from $120.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, July 24th. Bank of America upped their price objective on Amphenol from $110.00 to $120.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Finally, Robert W. Baird upped their price objective on Amphenol from $118.00 to $127.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.00.
Amphenol Trading Down 1.1%
NYSE:APH opened at $122.28 on Monday. The business’s 50-day simple moving average is $113.91 and its 200 day simple moving average is $94.53. Amphenol Corporation has a one year low of $56.45 and a one year high of $126.06. The stock has a market cap of $149.29 billion, a price-to-earnings ratio of 48.72, a price-to-earnings-growth ratio of 1.96 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02.
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating the consensus estimate of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same period in the prior year, the company earned $0.44 earnings per share. The business’s revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, sell-side analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.
Amphenol Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol’s dividend payout ratio (DPR) is 26.29%.
Insider Activity at Amphenol
In other news, insider William J. Doherty sold 113,000 shares of the business’s stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the business’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the transaction, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock worth $73,369,357 in the last 90 days. 1.67% of the stock is owned by corporate insiders.
Amphenol Profile
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems.
Further Reading
- Five stocks we like better than Amphenol
- With Risk Tolerance, One Size Does Not Fit All
- 3 Cybersecurity Stocks Poised for Long-Term Growth
- How to Most Effectively Use the MarketBeat Earnings Screener
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- What is a Microcap Stock? Everything You Need to Know
- Starbucks Stock Slumps; This Competitor Shows Strength
Want to see what other hedge funds are holding APH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amphenol Corporation (NYSE:APH – Free Report).
Receive News & Ratings for Amphenol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amphenol and related companies with MarketBeat.com's FREE daily email newsletter.