Perennial Advisors LLC Has $17.59 Million Holdings in Amphenol Corporation $APH

Perennial Advisors LLC cut its stake in Amphenol Corporation (NYSE:APH) by 2.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,107 shares of the electronics maker’s stock after selling 4,054 shares during the quarter. Amphenol makes up approximately 3.3% of Perennial Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Perennial Advisors LLC’s holdings in Amphenol were worth $17,588,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of APH. Beacon Investment Advisory Services Inc. lifted its position in Amphenol by 18.7% during the second quarter. Beacon Investment Advisory Services Inc. now owns 10,417 shares of the electronics maker’s stock worth $1,029,000 after acquiring an additional 1,639 shares during the last quarter. Retireful LLC grew its position in shares of Amphenol by 156.3% in the second quarter. Retireful LLC now owns 14,709 shares of the electronics maker’s stock valued at $1,453,000 after purchasing an additional 8,970 shares during the last quarter. TD Private Client Wealth LLC increased its stake in shares of Amphenol by 17.6% during the second quarter. TD Private Client Wealth LLC now owns 69,489 shares of the electronics maker’s stock worth $6,862,000 after purchasing an additional 10,416 shares during the period. Mather Group LLC. lifted its holdings in Amphenol by 0.5% during the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker’s stock worth $2,261,000 after purchasing an additional 118 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in Amphenol by 4.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 567,640 shares of the electronics maker’s stock valued at $56,054,000 after purchasing an additional 22,915 shares during the period. Institutional investors own 97.01% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Evercore ISI increased their price objective on Amphenol from $105.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, July 18th. JPMorgan Chase & Co. raised 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. Wall Street Zen downgraded shares of Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 10th. Bank of America boosted their price target on Amphenol from $110.00 to $120.00 and gave the company a “neutral” rating in a research note on Tuesday, August 5th. Finally, Citigroup reaffirmed a “buy” rating and issued a $145.00 price objective (up from $125.00) on shares of Amphenol in a report on Wednesday. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Amphenol presently has a consensus rating of “Moderate Buy” and an average price target of $107.15.

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 100,000 shares of the company’s stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the transaction, the vice president directly owned 12,500 shares in the company, valued at approximately $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 completion of the transaction, the vice president owned 76,400 shares of the company’s stock, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock valued at $73,369,357 in the last quarter. 1.67% of the stock is owned by company insiders.

Amphenol Stock Down 1.7%

NYSE APH opened at $123.27 on Thursday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $126.06. The business has a fifty day moving average price of $111.13 and a two-hundred day moving average price of $91.24. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The stock has a market capitalization of $150.50 billion, a PE ratio of 49.11, a PEG ratio of 2.01 and a beta of 1.15.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $5.01 billion. During the same quarter in the previous year, the firm earned $0.44 EPS. Amphenol’s revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be issued 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 0.5%. Amphenol’s payout ratio is 26.29%.

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.