Securian Asset Management Inc. Cuts Stock Position in Amphenol Corporation $APH

Securian Asset Management Inc. lowered its holdings in Amphenol Corporation (NYSE:APH) by 1.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 63,192 shares of the electronics maker’s stock after selling 961 shares during the period. Securian Asset Management Inc.’s holdings in Amphenol were worth $6,240,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in Amphenol in the second quarter worth $25,000. Hilltop National Bank bought a new stake in shares of Amphenol in the second quarter valued at $35,000. Hughes Financial Services LLC bought a new stake in shares of Amphenol in the first quarter valued at $25,000. Avalon Trust Co raised its stake in shares of Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock valued at $27,000 after buying an additional 232 shares during the period. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol in the first quarter valued at $28,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.

Amphenol Price Performance

Shares of NYSE APH opened at $127.71 on Tuesday. The firm has a market capitalization of $155.92 billion, a P/E ratio of 50.88, a P/E/G ratio of 1.64 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. The stock’s 50-day simple moving average is $117.76 and its two-hundred day simple moving average is $99.04. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $128.12.

Amphenol (NYSE:APH) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.15. The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company’s quarterly revenue was up 56.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.44 EPS. 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Tuesday, September 16th. Amphenol’s dividend payout ratio is currently 26.29%.

Analyst Ratings Changes

Several brokerages have issued reports on APH. JPMorgan Chase & Co. boosted their target price on Amphenol from $125.00 to $145.00 and gave the company an “overweight” rating in a research note on Thursday, October 16th. Evercore ISI boosted their price objective on Amphenol from $120.00 to $150.00 and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Robert W. Baird set a $139.00 price objective on Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. UBS Group set a $120.00 price objective on Amphenol in a research note on Tuesday, October 7th. Finally, Truist Financial boosted their price objective on Amphenol from $102.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $118.00.

Insider Transactions at Amphenol

In other news, VP David M. Silverman sold 100,000 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William J. Doherty sold 113,000 shares of the 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 disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock valued at $73,369,357 over the last 90 days. Company insiders own 1.67% of the company’s stock.

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.