Amphenol Corporation $APH Position Trimmed by Ayrshire Capital Management LLC

Key Points

• Ayrshire Capital Management LLC reduced its stake in Amphenol Corporation by 2.3%, making it the firm's second largest position with a portfolio share of 6.9%.
• Analysts have mixed ratings for Amphenol, with some cutting their ratings while others have raised target prices, resulting in an average rating of "Moderate Buy" and a consensus target price of $105.62.
• Amphenol reported a quarterly earnings per share of $0.81, exceeding estimates, and recorded a year-over-year revenue increase of 56.5% in its most recent quarter.

Ayrshire Capital Management LLC decreased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 144,986 shares of the electronics maker's stock after selling 3,397 shares during the quarter. Amphenol makes up approximately 6.9% of Ayrshire Capital Management LLC's portfolio, making the stock its 2nd biggest position. Ayrshire Capital Management LLC's holdings in Amphenol were worth $14,317,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Independent Advisor Alliance lifted its position in Amphenol by 1.7% in the 1st quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock valued at $471,000 after acquiring an additional 122 shares in the last quarter. Forum Financial Management LP lifted its stake in Amphenol by 1.9% in the first quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock worth $438,000 after purchasing an additional 126 shares during the last quarter. Ironwood Investment Counsel LLC increased its position in shares of Amphenol by 2.9% during the first quarter. Ironwood Investment Counsel LLC now owns 4,676 shares of the electronics maker's stock valued at $307,000 after buying an additional 132 shares during the period. Arlington Trust Co LLC boosted its stake in Amphenol by 8.5% during the second quarter. Arlington Trust Co LLC now owns 1,716 shares of the electronics maker's stock worth $169,000 after acquiring an additional 134 shares in the last quarter. Finally, FourThought Financial Partners LLC lifted its stake in shares of Amphenol by 4.1% in the first quarter. FourThought Financial Partners LLC now owns 3,525 shares of the electronics maker's stock worth $231,000 after buying an additional 139 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Evercore ISI increased their price objective on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 18th. Truist Financial boosted their target price on shares of Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a report on Friday, July 11th. KGI Securities assumed coverage on shares of Amphenol in a report on Thursday, June 26th. They issued a "hold" rating on the stock. Finally, JPMorgan Chase & Co. raised their target price on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Stock Performance

NYSE:APH traded up $2.13 during trading hours 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 firm's 50 day moving average price is $109.68 and its 200-day moving average price is $90.15. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The firm has a market cap of $151.64 billion, a price-to-earnings ratio of 49.48, a PEG ratio of 1.99 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. The company 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%. The firm's revenue for the quarter was up 56.5% on a year-over-year basis. 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. On average, analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

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 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is 26.29%.

Insider Activity at Amphenol

In related news, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $110.60, for a total value of $11,060,000.00. Following the transaction, the vice president owned 76,400 shares in the company, valued at approximately $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider William J. Doherty sold 113,000 shares of the business's 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 sold a total of 665,924 shares of company stock valued at $73,369,357 over the last three months. Insiders own 1.67% of the company's stock.

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.