Whittier Trust Co. increased its stake in shares of Amphenol Corporation (NYSE:APH – Free Report) by 5.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 273,724 shares of the electronics maker’s stock after purchasing an additional 13,812 shares during the quarter. Whittier Trust Co.’s holdings in Amphenol were worth $27,030,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. VCI Wealth Management LLC raised its stake in Amphenol by 5.2% during the 2nd quarter. VCI Wealth Management LLC now owns 22,946 shares of the electronics maker’s stock worth $2,266,000 after acquiring an additional 1,141 shares in the last quarter. Avidian Wealth Enterprises LLC raised its stake in Amphenol by 5.0% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 6,838 shares of the electronics maker’s stock worth $675,000 after acquiring an additional 326 shares in the last quarter. DekaBank Deutsche Girozentrale raised its stake in Amphenol by 1.5% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 1,086,445 shares of the electronics maker’s stock worth $106,494,000 after acquiring an additional 16,526 shares in the last quarter. Drive Wealth Management LLC raised its stake in Amphenol by 3.4% during the 2nd quarter. Drive Wealth Management LLC now owns 7,640 shares of the electronics maker’s stock worth $756,000 after acquiring an additional 251 shares in the last quarter. Finally, Canvas Wealth Advisors LLC acquired a new stake in Amphenol during the 2nd quarter worth $209,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research analysts have issued reports on APH shares. Weiss Ratings reissued a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, October 8th. Truist Financial raised their price objective on shares of Amphenol from $102.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, July 24th. Bank of America raised shares of Amphenol from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $120.00 to $150.00 in a research report on Wednesday, October 15th. The Goldman Sachs Group set a $139.00 price objective on shares of Amphenol and gave the stock a “buy” rating in a research report on Monday, September 29th. Finally, Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research report on Friday, July 11th. Ten equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.00.
Insider Activity at Amphenol
In related news, VP Lance E. D’amico sold 100,000 shares of the business’s stock in a transaction dated 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 sale, the vice president owned 76,400 shares of the company’s stock, valued at approximately $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Craig A. Lampo sold 40,076 shares of the business’s stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the sale, the chief financial officer directly owned 39,884 shares in the company, valued at approximately $4,409,575.04. This represents a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 in the last ninety days. Corporate insiders own 1.67% of the company’s stock.
Amphenol Stock Up 1.6%
Shares of NYSE:APH opened at $127.71 on Tuesday. The company has a market cap of $155.92 billion, a price-to-earnings ratio of 50.88, a PEG ratio of 1.64 and a beta of 1.17. The firm’s 50-day simple moving average is $117.76 and its 200-day simple moving average is $99.04. 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 fifty-two week low of $56.45 and a fifty-two week high of $128.12.
Amphenol (NYSE:APH – Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion for 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 quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current year.
Amphenol Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Amphenol’s payout ratio is presently 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.
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