Alyeska Investment Group L.P. Takes $396,000 Position in Amphenol Corporation $APH

Key Points

• Alyeska Investment Group L.P. purchased 6,040 shares of Amphenol Corporation, valued at approximately $396,000, indicating a significant new investment in the electronics maker.
• Several major investors increased their holdings in Amphenol during the first quarter, with Vanguard Group owning 154.99 million shares valued at over $10 billion and T. Rowe Price increasing its stake by 196.3%.
• Amphenol reported earnings of $0.81 per share for the latest quarter, exceeding expectations, and announced a quarterly dividend of $0.165 per share, highlighting its financial stability and growth prospects.

Alyeska Investment Group L.P. purchased a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,040 shares of the electronics maker's stock, valued at approximately $396,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in shares of Amphenol by 196.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after acquiring an additional 11,092,282 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Amphenol by 73.5% in the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after acquiring an additional 5,154,860 shares during the last quarter. Invesco Ltd. raised its stake in shares of Amphenol by 1.6% in the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock valued at $603,362,000 after acquiring an additional 141,069 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Amphenol by 40.1% in the first quarter. Goldman Sachs Group Inc. now owns 7,732,690 shares of the electronics maker's stock valued at $507,187,000 after acquiring an additional 2,211,338 shares during the last quarter. Institutional investors own 97.01% of the company's stock.

Insider Buying and Selling at Amphenol

In other Amphenol news, 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 transaction of $11,060,000.00. Following the completion of the sale, the vice president owned 76,400 shares of the company's stock, valued at approximately $8,449,840. The trade was a 56.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the sale, the vice president directly owned 12,500 shares of the company's stock, valued at $1,380,250. This represents a 88.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 over the last quarter. 1.67% of the stock is currently owned by insiders.

Analyst Ratings Changes

APH has been the subject of a number of research analyst reports. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Evercore ISI lifted their target price on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. raised 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. Finally, Robert W. Baird raised their price target on shares of Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a report on Tuesday, August 19th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Price Performance

Shares of Amphenol stock traded down $0.76 during midday trading on Friday, reaching $118.71. The company had a trading volume of 6,358,068 shares, compared to its average volume of 8,041,405. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $144.94 billion, a price-to-earnings ratio of 47.30, a price-to-earnings-growth ratio of 1.91 and a beta of 1.15. The stock has a fifty day simple moving average of $107.44 and a 200 day simple moving average of $88.05. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $120.80.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, beating 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 analyst estimates of $5.01 billion. During the same quarter last year, the business posted $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, equities research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

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 issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's payout ratio is currently 26.29%.

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.