Drive Wealth Management LLC Grows Position in Amphenol Corporation $APH

Drive Wealth Management LLC raised its stake in Amphenol Corporation (NYSE:APH) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,640 shares of the electronics maker’s stock after purchasing an additional 251 shares during the period. Drive Wealth Management LLC’s holdings in Amphenol were worth $756,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Amphenol by 1.9% in the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker’s stock valued at $10,166,370,000 after acquiring an additional 2,870,933 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in shares of 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 worth $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. Wellington Management Group LLP raised its holdings in shares of Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker’s stock worth $798,163,000 after purchasing an additional 5,154,860 shares during the period. Invesco Ltd. raised its holdings in shares of Amphenol by 1.6% during the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker’s stock valued at $603,362,000 after buying an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Amphenol by 639.0% during 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 period. Institutional investors and hedge funds own 97.01% of the company’s stock.

Amphenol Price Performance

APH opened at $125.73 on Monday. 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 12 month low of $56.45 and a 12 month high of $128.12. The company has a fifty day simple moving average of $117.40 and a 200 day simple moving average of $98.56. The stock has a market cap of $153.51 billion, a P/E ratio of 50.09, a P/E/G ratio of 1.64 and a beta of 1.17.

Amphenol (NYSE:APH) last announced its quarterly earnings data 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. 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 last year, the company earned $0.44 EPS. Amphenol’s revenue for the quarter was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Investors 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 of this dividend was Tuesday, September 16th. Amphenol’s dividend payout ratio (DPR) is 26.29%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Barclays started coverage on Amphenol in a research note on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price objective for the company. UBS Group set a $120.00 price target on Amphenol in a research report on Tuesday, October 7th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Wednesday, October 8th. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and upped their price target for the company from $120.00 to $150.00 in a research report on Wednesday, October 15th. Finally, Wall Street Zen downgraded Amphenol from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 10th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $118.00.

Insider Activity at Amphenol

In other news, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the transaction, the chief financial officer owned 39,884 shares in the company, valued at approximately $4,409,575.04. The trade was a 50.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lance E. D’amico sold 100,000 shares of the company’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 transaction, the vice president owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company’s stock.

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.