Alkeon Capital Management LLC Has $167.32 Million Position in Amphenol Corporation $APH

Key Points

• Alkeon Capital Management LLC increased its stake in Amphenol Corporation by 6.3% in Q1, owning approximately $167.32 million worth of shares.
• Analysts have raised their price targets for Amphenol, with estimates ranging from $105 to $126, indicating positive market sentiment.
• Amphenol reported a 56.5% year-over-year revenue increase, with earnings per share (EPS) of $0.81 for the last quarter, surpassing estimates by $0.15.

Alkeon Capital Management LLC boosted its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 6.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,550,953 shares of the electronics maker's stock after buying an additional 150,953 shares during the period. Alkeon Capital Management LLC owned about 0.21% of Amphenol worth $167,317,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of APH. Bank of America Corp DE raised its holdings in Amphenol by 294.0% during the 4th quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker's stock worth $1,733,027,000 after buying an additional 18,619,417 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in Amphenol by 196.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock worth $1,098,190,000 after buying an additional 11,092,282 shares during the period. Nuveen LLC acquired a new position in shares of Amphenol in the 1st quarter valued at about $476,842,000. Wellington Management Group LLP increased its holdings in shares of Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after purchasing an additional 5,154,860 shares during the period. Finally, Janus Henderson Group PLC increased its holdings in shares of Amphenol by 118.4% in the 4th quarter. Janus Henderson Group PLC now owns 7,256,290 shares of the electronics maker's stock valued at $503,975,000 after purchasing an additional 3,933,269 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of APH traded down $2.24 during mid-day trading on Friday, hitting $110.51. The company's stock had a trading volume of 12,408,043 shares, compared to its average volume of 6,470,245. Amphenol Corporation has a one year low of $56.45 and a one year high of $113.69. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The firm has a market capitalization of $134.93 billion, a PE ratio of 44.03, a price-to-earnings-growth ratio of 1.81 and a beta of 1.15. The stock's 50-day moving average is $105.61 and its two-hundred day moving average is $86.35.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data 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. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. During the same period in the prior year, the business earned $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. As a group, sell-side analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio is presently 26.29%.

Insider Transactions at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction on Monday, August 18th. The stock was 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 of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 665,924 shares of company stock valued at $73,369,357. Company insiders own 1.67% of the company's stock.

Analyst Ratings Changes

APH has been the topic of a number of research reports. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a report on Friday, July 11th. Truist Financial boosted their price target on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Evercore ISI boosted their price target on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. Finally, Robert W. Baird boosted their price target on Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research note on Tuesday, August 19th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $105.62.

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.