Community Trust & Investment Co. Decreases Holdings in Amphenol Corporation $APH

Key Points

• Community Trust & Investment Co. has reduced its holdings in Amphenol Corporation by 5.8%, now owning 261,234 shares valued at approximately $25.8 million.
• Amphenol recently reported better-than-expected earnings with $0.81 earnings per share and revenues of $5.65 billion, surpassing analyst estimates.
• Analysts have generally given Amphenol a Moderate Buy rating, with price targets ranging from $105.00 to $127.00.

Community Trust & Investment Co. lowered its position in Amphenol Corporation (NYSE:APH - Free Report) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 261,234 shares of the electronics maker's stock after selling 16,029 shares during the period. Amphenol comprises about 1.5% of Community Trust & Investment Co.'s portfolio, making the stock its 16th largest position. Community Trust & Investment Co.'s holdings in Amphenol were worth $25,797,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in APH. Perigon Wealth Management LLC lifted its stake in Amphenol by 29.4% in 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 in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Amphenol by 46.8% in the first 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 period. Thurston Springer Miller Herd & Titak Inc. grew its stake in Amphenol by 25.5% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker's stock worth $2,736,000 after purchasing an additional 5,630 shares during the period. City Center Advisors LLC purchased a new stake in shares of Amphenol in the second quarter worth $482,000. Finally, Transcend Capital Advisors LLC grew its stake in shares of Amphenol by 14.4% in the first quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock worth $295,000 after acquiring an additional 568 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Performance

Shares of APH traded up $2.13 during mid-day trading on Friday, reaching $124.20. The company had a trading volume of 15,836,325 shares, compared to its average volume of 8,418,983. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $124.39. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $151.64 billion, a P/E ratio of 49.48, a PEG ratio of 1.96 and a beta of 1.15. The stock has a 50 day moving average of $109.68 and a two-hundred day moving average of $89.98.

Amphenol (NYSE:APH - Get Free Report) last issued its 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. The firm had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company's revenue was up 56.5% compared to the same quarter last year. 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. On average, analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders 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 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Insider Transactions at Amphenol

In related news, 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 value of $11,042,000.00. Following the completion of the transaction, the vice president directly owned 12,500 shares in the company, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Craig A. Lampo sold 199,848 shares of Amphenol stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.43, for a total value of $22,069,214.64. Following the sale, the chief financial officer owned 125,695 shares in the company, valued at $13,880,498.85. This trade represents a 61.39% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Corporate insiders own 1.67% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on APH. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Evercore ISI upped their price target on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 18th. The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a report on Friday, July 11th. Industrial Alliance Securities set a $115.00 price target on Amphenol in a report on Friday, July 11th. Finally, KGI Securities started coverage on Amphenol in a report on Thursday, June 26th. They issued a "hold" rating for the company. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol 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.