123,300 Shares in Amphenol Corporation $APH Purchased by FengHe Fund Management Pte. Ltd.

Key Points

• FengHe Fund Management Pte. Ltd. has acquired a new stake in Amphenol Corporation, purchasing 123,300 shares valued at around $12.2 million, making it the fund's 14th largest holding.
• Multiple hedge funds, including Vanguard Group Inc. and T. Rowe Price Investment Management Inc., have significantly increased their investment in Amphenol, showcasing strong institutional interest in the company.
• Amphenol reported earnings of $0.81 EPS in its last quarterly results, surpassing analysts' expectations, with a revenue increase of 56.5% year-over-year, indicating robust financial performance.

FengHe Fund Management Pte. Ltd. acquired a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to its most recent filing with the SEC. The fund acquired 123,300 shares of the electronics maker's stock, valued at approximately $12,176,000. Amphenol makes up 2.0% of FengHe Fund Management Pte. Ltd.'s holdings, making the stock its 14th largest holding.

Several other hedge funds also recently made changes to their positions in APH. Vanguard Group Inc. grew its holdings in Amphenol by 1.9% during the 1st 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. T. Rowe Price Investment Management Inc. grew 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 valued at $1,098,190,000 after acquiring an additional 11,092,282 shares in the last quarter. Wellington Management Group LLP grew its stake in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after acquiring an additional 5,154,860 shares in the last quarter. Invesco Ltd. grew its stake in Amphenol by 1.6% during the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock valued at $603,362,000 after acquiring an additional 141,069 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position 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 in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on APH. The Goldman Sachs Group set a $139.00 price target on shares of Amphenol and gave the company a "buy" rating in a research report on Monday. Evercore ISI boosted their price objective on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. KGI Securities initiated coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating for the company. UBS Group increased their price target on shares of Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Finally, Truist Financial upped their target price on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $110.00.

Amphenol Price Performance

Shares of Amphenol stock opened at $124.75 on Thursday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $126.06. The stock has a market capitalization of $152.31 billion, a price-to-earnings ratio of 49.70, a price-to-earnings-growth ratio of 1.98 and a beta of 1.17. The company has a fifty day moving average of $113.18 and a 200-day moving average of $93.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The company had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm's revenue was up 56.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be issued a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol's dividend payout ratio is currently 26.29%.

Insider Buying and Selling

In other news, insider William J. Doherty sold 113,000 shares of the stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $110.29, for a total transaction of $12,462,770.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the company's 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 sale, the chief financial officer owned 39,884 shares of the company's stock, valued at $4,409,575.04. This represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. 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.

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