Mirae Asset Global Investments Co. Ltd. lessened its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 12.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 171,214 shares of the electronics maker’s stock after selling 23,983 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Amphenol were worth $16,907,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hughes Financial Services LLC bought a new position in Amphenol during the first quarter worth about $25,000. Opal Wealth Advisors LLC bought a new position in Amphenol during the second quarter worth about $25,000. Avalon Trust Co boosted its position in Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 232 shares during the period. N.E.W. Advisory Services LLC bought a new position in Amphenol during the first quarter worth about $28,000. Finally, Saudi Central Bank purchased a new position in Amphenol during the first quarter valued at approximately $31,000. Institutional investors own 97.01% of the company’s stock.
Insider Buying and Selling at Amphenol
In other news, insider William J. Doherty sold 113,000 shares of the business’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president owned 12,500 shares of the company’s stock, valued at approximately $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company’s stock.
Amphenol Trading Down 1.1%
Amphenol (NYSE:APH – Get Free Report) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same period in the previous year, the business posted $0.44 earnings per share. Amphenol’s revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.
Amphenol Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol’s payout ratio is presently 26.29%.
Wall Street Analysts Forecast Growth
APH has been the subject of several recent analyst reports. Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research note on Friday, July 11th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amphenol in a research note on Saturday, September 27th. Citigroup reaffirmed a “buy” rating and set a $145.00 price objective (up previously from $125.00) on shares of Amphenol in a research note on Wednesday, September 24th. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. Finally, UBS Group boosted their price objective on shares of Amphenol from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $110.00.
View Our Latest Stock Analysis on Amphenol
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.
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