KBC Group NV Has $53.14 Million Position in Amphenol Corporation $APH

KBC Group NV raised its position in shares of Amphenol Corporation (NYSE:APH) by 2.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 538,170 shares of the electronics maker’s stock after acquiring an additional 12,785 shares during the period. KBC Group NV’s holdings in Amphenol were worth $53,144,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. T. Rowe Price Investment Management Inc. lifted its stake in Amphenol by 196.3% during the first 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew 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 purchasing an additional 7,573,750 shares during the last quarter. Nuveen LLC acquired a new position in Amphenol during the 1st quarter worth approximately $476,842,000. Wellington Management Group LLP lifted its stake 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 purchasing an additional 5,154,860 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in 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 buying an additional 2,870,933 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Truist Financial upped their price target on shares of Amphenol from $126.00 to $147.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Bank of America raised Amphenol from a “neutral” rating to a “buy” rating and upped their target price for the stock from $120.00 to $150.00 in a report on Wednesday, October 15th. JPMorgan Chase & Co. increased their target price on Amphenol from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. Barclays started coverage on Amphenol in a report on Wednesday, October 8th. They set an “equal weight” rating and a $120.00 price target on the stock. Finally, Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an “outperform” rating in a report on Friday, October 10th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $129.77.

Amphenol Stock Down 1.1%

Shares of NYSE:APH opened at $141.83 on Thursday. The business’s 50-day moving average is $127.13 and its 200-day moving average is $107.54. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $144.37. The company has a market capitalization of $173.61 billion, a price-to-earnings ratio of 47.28, a P/E/G ratio of 1.58 and a beta of 1.20. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.07 and a quick ratio of 1.52.

Amphenol (NYSE:APH) last posted its quarterly earnings results on Wednesday, October 22nd. The electronics maker reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. Amphenol had a return on equity of 33.46% and a net margin of 18.22%.The firm had revenue of $6.19 billion for the quarter, compared to analysts’ expectations of $5.54 billion. During the same period in the prior year, the business earned $0.50 EPS. The company’s revenue for the quarter was up 53.4% compared to the same quarter last year. Amphenol has set its FY 2025 guidance at 3.260-3.280 EPS. Q4 2025 guidance at 0.890-0.910 EPS. Equities research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 16th will be paid a dividend of $0.25 per share. This is a boost from Amphenol’s previous quarterly dividend of $0.17. The ex-dividend date is Tuesday, December 16th. This represents a $1.00 annualized dividend and a yield of 0.7%. Amphenol’s dividend payout ratio (DPR) is 33.33%.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider William J. Doherty sold 80,000 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $141.04, for a total transaction of $11,283,200.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Luc Walter sold 365,118 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The shares were sold at an average price of $134.65, for a total transaction of $49,163,138.70. Following the transaction, the insider directly owned 433,742 shares of the company’s stock, valued at approximately $58,403,360.30. This represents a 45.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,125,042 shares of company stock valued at $142,789,956 in the last quarter. 1.67% of the stock is owned by company insiders.

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.