Amphenol Corporation $APH Stake Boosted by Okabena Investment Services Inc.

Key Points

• Okabena Investment Services Inc. increased its stake in Amphenol Corporation by 35.6%, now owning 44,196 shares valued at approximately $2.9 million.
• Amphenol's stock has seen significant investment from large funds, with institutional investors owning 97.01% of the company's stock.
• The company announced a quarterly dividend of $0.165 per share, representing an annualized dividend yield of 0.6% for shareholders of record.

Okabena Investment Services Inc. raised its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 35.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,196 shares of the electronics maker's stock after acquiring an additional 11,600 shares during the period. Amphenol makes up 0.7% of Okabena Investment Services Inc.'s portfolio, making the stock its 29th biggest position. Okabena Investment Services Inc.'s holdings in Amphenol were worth $2,899,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. OMERS ADMINISTRATION Corp grew its position in Amphenol by 4.4% during the first quarter. OMERS ADMINISTRATION Corp now owns 72,670 shares of the electronics maker's stock valued at $4,766,000 after acquiring an additional 3,056 shares during the period. Beck Bode LLC acquired a new position in shares of Amphenol during the first quarter worth about $612,000. Wealth Preservation Advisors LLC acquired a new position in shares of Amphenol during the first quarter worth about $146,000. B. Metzler seel. Sohn & Co. AG lifted its stake in shares of Amphenol by 14.5% during the first quarter. B. Metzler seel. Sohn & Co. AG now owns 1,024,780 shares of the electronics maker's stock worth $67,215,000 after purchasing an additional 129,605 shares in the last quarter. Finally, CreativeOne Wealth LLC lifted its stake in shares of Amphenol by 104.2% during the first quarter. CreativeOne Wealth LLC now owns 14,042 shares of the electronics maker's stock worth $921,000 after purchasing an additional 7,164 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on APH. KGI Securities began coverage on Amphenol in a research note on Thursday, June 26th. They set a "hold" rating on the stock. Robert W. Baird boosted their price objective on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 19th. Truist Financial boosted their price objective on Amphenol from $102.00 to $126.00 and gave the stock 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 stock an "outperform" rating in a research note on Friday, July 18th. Finally, Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $105.62.

Insider Buying and Selling at Amphenol

In related news, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction that occurred 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 approximately $1,380,250. This represents a 88.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Luc Walter sold 286,000 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $91.43, for a total value of $26,148,980.00. Following the sale, the insider directly owned 451,790 shares in the company, valued at approximately $41,307,159.70. This represents a 38.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 951,924 shares of company stock worth $99,518,337. 1.67% of the stock is owned by insiders.

Amphenol Stock Down 2.8%

NYSE APH traded down $3.09 on Monday, hitting $108.85. 6,200,801 shares of the stock traded hands, compared to its average volume of 6,959,036. The stock has a 50-day moving average of $104.23 and a 200 day moving average of $85.15. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $112.35. The company has a market capitalization of $132.90 billion, a P/E ratio of 43.37, a price-to-earnings-growth ratio of 1.75 and a beta of 1.15. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business's revenue was up 56.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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

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.