15,190 Shares in Amphenol Corporation $APH Purchased by Oak Grove Capital LLC

Key Points

• Oak Grove Capital LLC has made a significant investment in Amphenol Corporation, purchasing 15,190 shares valued at approximately $996,000 during the 1st quarter.
• Multiple institutional investors have increased their stakes in Amphenol, with Bank of America significantly boosting its holdings by 294% in the fourth quarter.
• Amphenol recently declared a quarterly dividend of $0.165 per share, which will be paid on October 8th, representing an annualized yield of 0.6%.

Oak Grove Capital LLC acquired a new position in Amphenol Corporation (NYSE:APH - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 15,190 shares of the electronics maker's stock, valued at approximately $996,000.

Several other hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC increased its holdings in shares of Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after acquiring an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after buying an additional 4,721 shares during the last quarter. Mariner LLC grew its holdings in Amphenol by 12.0% in the 4th quarter. Mariner LLC now owns 225,082 shares of the electronics maker's stock valued at $15,632,000 after buying an additional 24,101 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in Amphenol by 15.5% in the 4th quarter. CreativeOne Wealth LLC now owns 6,878 shares of the electronics maker's stock valued at $478,000 after buying an additional 923 shares during the last quarter. Finally, Regal Investment Advisors LLC grew its holdings in Amphenol by 2.8% in the 4th quarter. Regal Investment Advisors LLC now owns 8,064 shares of the electronics maker's stock valued at $560,000 after buying an additional 220 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Amphenol news, insider Luc Walter sold 286,000 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $91.43, for a total value of $26,148,980.00. Following the transaction, the insider owned 451,790 shares of the company's stock, valued at approximately $41,307,159.70. This represents a 38.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Michael R. Ivas sold 40,000 shares of the stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $88.79, for a total value of $3,551,600.00. Following the completion of the transaction, the vice president directly owned 152,412 shares in the company, valued at $13,532,661.48. The trade was a 20.79% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 812,000 shares of company stock worth $77,703,320. Corporate insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on APH shares. Bank of America raised their target price on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. KGI Securities started coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating on the stock. Industrial Alliance Securities set a $115.00 price objective on Amphenol in a report on Friday, July 11th. US Capital Advisors set a $85.00 price objective on Amphenol in a report on Thursday, April 24th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of Amphenol in a report on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Trading Down 1.1%

Shares of APH traded down $1.1740 during trading hours on Tuesday, hitting $109.8860. 6,423,315 shares of the stock traded hands, compared to its average volume of 8,455,742. 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 1-year low of $56.45 and a 1-year high of $112.35. The firm has a market capitalization of $134.16 billion, a PE ratio of 43.78, a price-to-earnings-growth ratio of 1.75 and a beta of 1.13. The business has a fifty day moving average of $101.26 and a 200-day moving average of $82.65.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. During the same period in the previous year, the firm earned $0.44 earnings per share. The firm's quarterly 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. 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. 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 annualized dividend and a yield of 0.6%. Amphenol's dividend payout ratio is presently 26.29%.

Amphenol Company 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.