ICONIQ Capital LLC Has $487,000 Holdings in Amphenol Corporation $APH

ICONIQ Capital LLC cut its stake in Amphenol Corporation (NYSE:APH) by 21.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,432 shares of the electronics maker’s stock after selling 2,029 shares during the period. ICONIQ Capital LLC’s holdings in Amphenol were worth $487,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in APH. Bank of America Corp DE boosted its stake in Amphenol by 294.0% in the 4th quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker’s stock worth $1,733,027,000 after purchasing an additional 18,619,417 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in Amphenol by 196.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock worth $1,098,190,000 after buying an additional 11,092,282 shares in the last quarter. Nuveen LLC bought a new stake in Amphenol during the 1st quarter worth about $476,842,000. Wellington Management Group LLP lifted its position in Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after buying an additional 5,154,860 shares in the last quarter. Finally, Janus Henderson Group PLC lifted its position in Amphenol by 118.4% during the 4th quarter. Janus Henderson Group PLC now owns 7,256,290 shares of the electronics maker’s stock worth $503,975,000 after buying an additional 3,933,269 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, VP Lance E. D’amico sold 100,000 shares of Amphenol stock in a transaction on Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction on Friday, May 30th. The stock was sold at an average price of $89.09, for a total transaction of $8,909,000.00. Following the transaction, the vice president directly owned 12,500 shares of the company’s stock, valued at $1,113,625. This represents a 88.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 912,000 shares of company stock valued at $88,763,320. 1.67% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several brokerages have commented on APH. JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Robert W. Baird upped their target price on shares of Amphenol from $118.00 to $127.00 and gave the company an “outperform” rating in a report on Tuesday, August 19th. UBS Group upped their target price on shares of Amphenol from $115.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, July 24th. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 10th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Amphenol in a report on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $105.62.

Amphenol Stock Up 0.5%

Amphenol stock opened at $109.3140 on Monday. The company’s 50-day moving average price is $102.54 and its two-hundred day moving average price is $83.75. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $112.35. The stock has a market cap of $133.46 billion, a P/E ratio of 43.55, a P/E/G ratio of 1.76 and a beta of 1.13. 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 (NYSE:APH) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same quarter in the prior year, the business posted $0.44 EPS. 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, analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.6%. Amphenol’s dividend payout ratio (DPR) is presently 26.29%.

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.