True North Advisors LLC Lowers Stock Position in Amphenol Corporation $APH

True North Advisors LLC cut its holdings in shares of Amphenol Corporation (NYSE:APH) by 15.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,540 shares of the electronics maker’s stock after selling 6,526 shares during the period. Amphenol accounts for about 0.7% of True North Advisors LLC’s holdings, making the stock its 26th biggest position. True North Advisors LLC’s holdings in Amphenol were worth $3,608,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of APH. T. Rowe Price Investment Management Inc. grew its position in Amphenol by 196.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker’s stock valued at $1,098,190,000 after buying an additional 11,092,282 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Amphenol by 639.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker’s stock valued at $574,500,000 after buying an additional 7,573,750 shares during the last quarter. Nuveen LLC purchased a new position in Amphenol in the 1st quarter valued at $476,842,000. Wellington Management Group LLP grew its position in Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock valued at $798,163,000 after buying an additional 5,154,860 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Amphenol by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock valued at $10,166,370,000 after buying an additional 2,870,933 shares during the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the business’s stock in a transaction dated 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on APH. JPMorgan Chase & Co. lifted their price objective 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. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. KGI Securities started coverage on Amphenol in a report on Thursday, June 26th. They issued a “hold” rating for the company. Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 10th. Finally, Citigroup reissued a “buy” rating and issued a $145.00 target price (up previously from $125.00) on shares of Amphenol in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $107.15.

Amphenol Trading Down 0.7%

NYSE:APH opened at $122.25 on Friday. The company has a market capitalization of $149.25 billion, a PE ratio of 48.70, a price-to-earnings-growth ratio of 1.97 and a beta of 1.15. 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. The stock has a fifty day simple moving average of $111.54 and a 200-day simple moving average of $91.66.

Amphenol (NYSE:APH) last released its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (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 return on equity of 30.58% and a net margin of 16.90%.The business’s revenue was up 56.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company 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. 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 payout ratio is 26.29%.

About Amphenol

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.