Canopy Partners LLC increased its holdings in Amphenol Corporation (NYSE:APH – Free Report) by 2.0% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 9,638 shares of the electronics maker’s stock after buying an additional 188 shares during the quarter. Canopy Partners LLC’s holdings in Amphenol were worth $952,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of APH. Hughes Financial Services LLC purchased a new position in Amphenol in the first quarter worth about $25,000. Opal Wealth Advisors LLC purchased a new position in Amphenol in the second quarter worth about $25,000. Avalon Trust Co boosted its position in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after purchasing an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in Amphenol in the first quarter worth about $28,000. Finally, Saudi Central Bank purchased a new position in Amphenol in the first quarter worth about $31,000. 97.01% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on APH. JPMorgan Chase & Co. raised their target price on Amphenol from $120.00 to $125.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Industrial Alliance Securities set a $115.00 price objective on Amphenol in a research report on Friday, July 11th. Citigroup reaffirmed a “buy” rating and set a $145.00 price objective (up from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. The Goldman Sachs Group set a $139.00 price objective on Amphenol and gave the company a “buy” rating in a research report on Monday, September 29th. Finally, KGI Securities initiated coverage on Amphenol in a research report on Thursday, June 26th. They set a “hold” rating on the stock. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $113.08.
Amphenol Stock Up 0.9%
NYSE APH opened at $124.52 on Wednesday. The stock’s 50 day moving average is $114.63 and its 200 day moving average is $95.13. The company has a current ratio of 2.02, a quick ratio of 1.46 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 $126.06. The stock has a market cap of $152.03 billion, a PE ratio of 49.61, a P/E/G ratio of 1.98 and a beta of 1.17.
Amphenol (NYSE:APH – Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $5.01 billion. During the same period in the previous year, the firm earned $0.44 EPS. The firm’s revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Research analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.
Amphenol Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. Amphenol’s payout ratio is presently 26.29%.
Insider Transactions at Amphenol
In other Amphenol news, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the sale, the vice president 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer directly owned 39,884 shares in the company, valued at approximately $4,409,575.04. The trade was a 50.12% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by 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.
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