Amphenol Corporation $APH Holdings Lowered by Avity Investment Management Inc.

Key Points

• Avity Investment Management Inc. reduced its stake in Amphenol Corporation by 4.8%, decreasing the number of shares held to 648,779 after selling 32,573 shares.
• Insider transactions indicate significant selling, with VP Lance E. D'amico and CFO Craig A. Lampo selling a combined total of approximately $15.5 million worth of shares in recent weeks.
• Amphenol Corporation reported a robust quarterly earnings result with earnings per share of $0.81, exceeding analyst expectations, and a net margin of 16.90% for the last quarter.

Avity Investment Management Inc. decreased its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 4.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 648,779 shares of the electronics maker's stock after selling 32,573 shares during the quarter. Amphenol accounts for about 4.8% of Avity Investment Management Inc.'s holdings, making the stock its 4th biggest position. Avity Investment Management Inc. owned about 0.05% of Amphenol worth $64,067,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Perigon Wealth Management LLC raised its position in shares of Amphenol by 29.4% during the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock worth $1,144,000 after purchasing an additional 3,964 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in shares of Amphenol by 46.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock worth $4,589,000 after purchasing an additional 22,293 shares during the last quarter. Transcend Capital Advisors LLC raised its position in shares of Amphenol by 14.4% during the 1st quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock worth $295,000 after purchasing an additional 568 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Amphenol by 4.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock worth $4,061,000 after purchasing an additional 2,514 shares during the last quarter. Finally, IFP Advisors Inc raised its position in shares of Amphenol by 338.2% during the 1st quarter. IFP Advisors Inc now owns 17,050 shares of the electronics maker's stock worth $1,118,000 after purchasing an additional 13,159 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Amphenol

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction that occurred 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Craig A. Lampo sold 40,076 shares of the firm's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the completion of the sale, the chief financial officer owned 39,884 shares in the company, valued at $4,409,575.04. The trade was a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 in the last ninety days. Insiders own 1.67% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Truist Financial upped their price target on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research 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. UBS Group upped their price objective on shares of Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. KGI Securities began coverage on shares of Amphenol in a research report on Thursday, June 26th. They issued a "hold" rating for the company. Finally, Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research report on Friday, July 11th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Stock Performance

Shares of Amphenol stock opened at $118.71 on Monday. The firm has a market cap of $144.94 billion, a PE ratio of 47.30, a price-to-earnings-growth ratio of 1.90 and a beta of 1.15. The firm's 50-day simple moving average is $107.44 and its 200-day simple moving average is $88.36. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. 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 released its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.15. The firm had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. Amphenol's quarterly revenue was up 56.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.6%. Amphenol's dividend payout ratio is 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.

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