OMERS ADMINISTRATION Corp raised its holdings in shares of Amphenol Corporation (NYSE:APH – Free Report) by 4.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 72,670 shares of the electronics maker’s stock after purchasing an additional 3,056 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Amphenol were worth $4,766,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of APH. Hughes Financial Services LLC purchased a new stake in shares of Amphenol during the first quarter worth $25,000. Avalon Trust Co grew its holdings in shares of Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker’s stock worth $27,000 after buying an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Amphenol during the first quarter worth $28,000. SouthState Corp purchased a new stake in shares of Amphenol during the first quarter worth $36,000. Finally, Global X Japan Co. Ltd. purchased a new stake in shares of Amphenol during the first quarter worth $44,000. Hedge funds and other institutional investors own 97.01% of the company’s stock.
Wall Street Analyst Weigh In
APH has been the subject of a number of research reports. Evercore ISI upped their target price on shares of Amphenol from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Friday, July 18th. UBS Group boosted their price target on shares of Amphenol from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Wall Street Zen cut shares of Amphenol from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 10th. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research report on Friday, July 11th. Finally, Truist Financial boosted their price target on shares of Amphenol from $102.00 to $126.00 and gave the company a “buy” rating in a research report on Thursday, July 24th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.62.
Insider Buying and Selling
In other news, 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 transaction of $12,304,570.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lance E. D’amico sold 100,000 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the sale, the vice president directly 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. Insiders have sold a total of 951,924 shares of company stock valued at $99,518,337 over the last three months. Company insiders own 1.67% of the company’s stock.
Amphenol Trading Up 1.7%
NYSE APH opened at $111.95 on Friday. The firm’s 50-day moving average is $103.93 and its two-hundred day moving average is $84.66. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $112.35. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The stock has a market capitalization of $136.68 billion, a P/E ratio of 44.60, a PEG ratio of 1.77 and a beta of 1.13.
Amphenol (NYSE:APH – Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The company had revenue of $5.65 billion for the quarter, compared to analysts’ expectations of $5.01 billion. During the same quarter in the prior year, the company posted $0.44 earnings per share. 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, sell-side analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.
Amphenol Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be given 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 0.6%. Amphenol’s dividend 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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