OLD National Bancorp IN Sells 613 Shares of Amphenol Corporation $APH

OLD National Bancorp IN trimmed its stake in Amphenol Corporation (NYSE:APH) by 12.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 4,178 shares of the electronics maker’s stock after selling 613 shares during the period. OLD National Bancorp IN’s holdings in Amphenol were worth $413,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of APH. Wealthcare Advisory Partners LLC bought a new position in Amphenol in the second quarter worth approximately $289,000. Accel Wealth Management purchased a new stake in shares of Amphenol in the 2nd quarter worth $231,000. Penobscot Investment Management Company Inc. increased its stake in shares of Amphenol by 1.9% during the second quarter. Penobscot Investment Management Company Inc. now owns 166,341 shares of the electronics maker’s stock valued at $16,426,000 after buying an additional 3,099 shares during the period. Quent Capital LLC raised its holdings in shares of Amphenol by 3.0% in the second quarter. Quent Capital LLC now owns 4,911 shares of the electronics maker’s stock valued at $485,000 after acquiring an additional 144 shares in the last quarter. Finally, 111 Capital purchased a new stake in Amphenol in the second quarter worth about $1,660,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Amphenol

In other news, VP Lance E. D’amico sold 100,000 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Craig A. Lampo sold 199,848 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the transaction, the chief financial officer owned 125,695 shares of the company’s stock, valued at $13,880,498.85. This represents a 61.39% decrease in their ownership of the stock. 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. Corporate insiders own 1.67% of the company’s stock.

Amphenol Stock Performance

APH opened at $124.52 on Wednesday. The firm’s 50-day moving average price is $114.63 and its 200-day moving average price is $95.13. The company has a market cap of $152.03 billion, a P/E ratio of 49.61, a price-to-earnings-growth ratio of 1.98 and a beta of 1.17. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $126.06.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business’s revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be given a $0.165 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. Amphenol’s dividend payout ratio is currently 26.29%.

Analyst Ratings Changes

A number of research firms have commented on APH. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a report on Saturday, September 27th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. The Goldman Sachs Group set a $139.00 price target on Amphenol and gave the company a “buy” rating in a report on Monday, September 29th. Finally, Bank of America boosted their price target on Amphenol from $110.00 to $120.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 5th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and a consensus price target of $113.08.

Amphenol Company 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.