Amphenol Corporation $APH Shares Bought by AdvisorNet Financial Inc

Key Points

• AdvisorNet Financial Inc raised its holdings in Amphenol Corporation by 164.1% in Q2, now owning 24,845 shares worth approximately $2.45 million.
• Amphenol reported $5.65 billion in revenue for the last quarter, exceeding estimates, with an earnings per share of $0.81 compared to the consensus of $0.66.
• The company has announced a quarterly dividend of $0.165 per share, with an annualized yield of 0.5% and a dividend payout ratio of 26.29%.

AdvisorNet Financial Inc increased its stake in Amphenol Corporation (NYSE:APH - Free Report) by 164.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,845 shares of the electronics maker's stock after buying an additional 15,436 shares during the quarter. AdvisorNet Financial Inc's holdings in Amphenol were worth $2,453,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the business. Independent Advisor Alliance grew its stake in Amphenol by 1.7% during the 1st quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock valued at $471,000 after purchasing an additional 122 shares in the last quarter. Forum Financial Management LP grew its stake in Amphenol by 1.9% during the 1st quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock valued at $438,000 after purchasing an additional 126 shares in the last quarter. Ironwood Investment Counsel LLC grew its stake in Amphenol by 2.9% during the 1st quarter. Ironwood Investment Counsel LLC now owns 4,676 shares of the electronics maker's stock valued at $307,000 after purchasing an additional 132 shares in the last quarter. Arlington Trust Co LLC grew its stake in Amphenol by 8.5% during the 2nd quarter. Arlington Trust Co LLC now owns 1,716 shares of the electronics maker's stock valued at $169,000 after purchasing an additional 134 shares in the last quarter. Finally, FourThought Financial Partners LLC grew its position in shares of Amphenol by 4.1% in the 1st quarter. FourThought Financial Partners LLC now owns 3,525 shares of the electronics maker's stock worth $231,000 after acquiring an additional 139 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Insiders Place Their Bets

In other news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction 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 sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the transaction, the vice president owned 76,400 shares in the company, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock worth $73,369,357 over the last 90 days. Insiders own 1.67% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on APH shares. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Robert W. Baird lifted their target price on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. UBS Group lifted their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Truist Financial lifted their target price on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, Citigroup raised their price target on Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Stock Performance

Amphenol stock traded down $0.14 during mid-day trading on Monday, hitting $123.80. 12,206,040 shares of the company's stock traded hands, compared to its average volume of 8,833,182. The firm has a 50 day moving average price of $110.15 and a 200 day moving average price of $90.78. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a market cap of $151.15 billion, a PE ratio of 49.32, a price-to-earnings-growth ratio of 1.99 and a beta of 1.15. Amphenol Corporation has a one year low of $56.45 and a one year high of $124.39.

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

Amphenol Announces Dividend

The firm 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 dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol's 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.