Amanah Holdings Trust Acquires Shares of 382,716 Amphenol Corporation $APH

Key Points

• Amanah Holdings Trust has recently acquired a new position in Amphenol Corporation, purchasing 382,716 shares valued at approximately $37.79 million, making it the company's 4th largest holding.
• Several hedge funds have increased their stakes in Amphenol, with T. Rowe Price boosting its position by 196.3% and UBS AM increasing theirs by 639.0% in recent months.
• Analysts have shown optimism for Amphenol, with eight analysts rating it as a "Buy" and target prices raised, now averaging $105.62.

Amanah Holdings Trust acquired 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 Securities and Exchange Commission. The institutional investor acquired 382,716 shares of the electronics maker's stock, valued at approximately $37,793,000. Amphenol comprises about 9.4% of Amanah Holdings Trust's portfolio, making the stock its 4th largest position.

A number of other hedge funds also recently bought and sold shares of APH. T. Rowe Price Investment Management Inc. increased its holdings in shares of 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Amphenol by 639.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock worth $574,500,000 after buying an additional 7,573,750 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Amphenol during the 1st quarter worth approximately $476,842,000. Wellington Management Group LLP increased its holdings in shares of Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after buying an additional 5,154,860 shares during the last quarter. Finally, Mackenzie Financial Corp increased its holdings in shares of Amphenol by 108.9% during the 4th quarter. Mackenzie Financial Corp now owns 5,564,252 shares of the electronics maker's stock worth $386,437,000 after buying an additional 2,900,024 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Stock Down 0.2%

APH stock traded down $0.20 during midday trading on Tuesday, hitting $119.04. The company's stock had a trading volume of 7,717,500 shares, compared to its average volume of 7,995,272. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $120.80. The firm has a 50-day simple moving average of $108.29 and a 200-day simple moving average of $88.94. The firm has a market capitalization of $145.34 billion, a P/E ratio of 47.43, a PEG ratio of 1.91 and a beta of 1.15. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to analyst estimates of $5.01 billion. During the same period last year, the business earned $0.44 EPS. The company's revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Analyst Ratings Changes

A number of analysts have recently issued reports on APH shares. UBS Group raised their price target on shares of Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Citigroup increased their price objective on shares of Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, Bank of America increased their price objective on shares of Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

Insider Activity at Amphenol

In related 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 sale, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock valued at $73,369,357 over the last quarter. 1.67% of the stock is owned by insiders.

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.