Aberdeen Group plc Boosts Stock Position in Amphenol Corporation $APH

Key Points

• Aberdeen Group plc increased its stake in Amphenol Corporation by 4.3% during the second quarter, holding a total of 982,830 shares valued at approximately $97 million.
• Multiple institutional investors showed interest in Amphenol, with PDS Planning Inc boosting its shares by 45.5% and new positions being taken by both Monument Capital Management and Horizon Bancorp.
• Amphenol's recent quarterly earnings exceeded analysts' expectations, reporting $0.81 EPS and revenue of $5.65 billion, resulting in a 56.5% year-over-year revenue growth.

Aberdeen Group plc boosted its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 4.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 982,830 shares of the electronics maker's stock after acquiring an additional 40,967 shares during the quarter. Aberdeen Group plc owned 0.08% of Amphenol worth $97,054,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. PDS Planning Inc boosted its holdings in Amphenol by 45.5% during the 2nd quarter. PDS Planning Inc now owns 17,146 shares of the electronics maker's stock valued at $1,693,000 after acquiring an additional 5,359 shares during the period. Blue Trust Inc. boosted its holdings in Amphenol by 8.7% during the 2nd quarter. Blue Trust Inc. now owns 12,724 shares of the electronics maker's stock valued at $1,257,000 after acquiring an additional 1,019 shares during the period. Robertson Stephens Wealth Management LLC boosted its holdings in Amphenol by 5.1% during the 2nd quarter. Robertson Stephens Wealth Management LLC now owns 4,419 shares of the electronics maker's stock valued at $437,000 after acquiring an additional 213 shares during the period. Monument Capital Management purchased a new position in Amphenol during the 2nd quarter valued at $3,763,000. Finally, Horizon Bancorp Inc. IN purchased a new position in Amphenol during the 2nd quarter valued at $99,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Insider Buying and Selling

In related news, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total transaction of $12,462,770.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the transaction, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Company insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on APH. Bank of America upped their target price on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Robert W. Baird set a $139.00 price target on Amphenol and gave the stock an "outperform" rating in a research report on Friday. Evercore ISI increased their price target on Amphenol from $120.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 7th. Citigroup restated a "buy" rating and issued a $145.00 price target (up previously from $125.00) on shares of Amphenol in a report on Wednesday, September 24th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $114.43.

Amphenol Trading Down 3.7%

Shares of NYSE APH opened at $121.64 on Friday. 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 $148.51 billion, a P/E ratio of 48.46, a price-to-earnings-growth ratio of 1.95 and a beta of 1.17. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $127.50. The business has a fifty day moving average price of $115.78 and a 200 day moving average price of $96.29.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. The firm had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm's quarterly revenue was up 56.5% on a year-over-year basis. During the same period in the prior year, the business posted $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 fiscal year.

Amphenol Dividend Announcement

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

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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