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Alta Wealth Advisors LLC Takes $602,000 Position in Amphenol Corporation $APH

Amphenol logo with Computer and Technology background

Key Points

  • Alta Wealth Advisors LLC has acquired a new stake in Amphenol Corporation, purchasing 6,093 shares valued at approximately $602,000 in the second quarter.
  • Amphenol's recent quarterly earnings report revealed an earnings per share (EPS) of $0.81, exceeding analyst expectations of $0.66 by $0.15, and showing a revenue increase of 56.5% year-over-year.
  • The company has announced a quarterly dividend of $0.165, with an annualized dividend yield of 0.5%, payable on October 8th to investors of record.
  • Interested in Amphenol? Here are five stocks we like better.

Alta Wealth Advisors LLC purchased a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,093 shares of the electronics maker's stock, valued at approximately $602,000.

Other large investors have also made changes to their positions in the company. Motive Wealth Advisors purchased a new position in shares of Amphenol in the 2nd quarter valued at about $215,000. LeConte Wealth Management LLC purchased a new position in shares of Amphenol in the 2nd quarter valued at about $399,000. Perigon Wealth Management LLC increased its holdings in shares of Amphenol by 29.4% in the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after purchasing an additional 3,964 shares in the last quarter. City Center Advisors LLC purchased a new position in shares of Amphenol in the 2nd quarter valued at about $482,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Amphenol by 46.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock valued at $4,589,000 after purchasing an additional 22,293 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of NYSE APH opened at $122.28 on Friday. The company has a market cap of $149.29 billion, a PE ratio of 48.72, a price-to-earnings-growth ratio of 1.96 and a beta of 1.17. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $126.06. 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 company has a 50-day simple moving average of $113.91 and a 200-day simple moving average of $94.33.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results 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 net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the previous year, the firm posted $0.44 earnings per share. The company'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. On average, equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share 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 given a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Insider Activity at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the sale, the vice president directly owned 76,400 shares in the company, 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. Insiders sold a total of 665,924 shares of company stock valued at $73,369,357 over the last three months. Insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on APH. Truist Financial raised their target price on shares of Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a report on Thursday, July 24th. UBS Group raised their target price on shares of Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a report on Saturday, September 27th. Finally, JPMorgan Chase & Co. raised their target price 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 analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $110.00.

View Our Latest Research Report on APH

Amphenol Profile

(Free Report)

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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Institutional Ownership by Quarter for Amphenol (NYSE:APH)

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