Amphenol Corporation $APH is Logan Capital Management Inc.'s 10th Largest Position

Key Points

• Logan Capital Management Inc. recently increased its holdings in Amphenol Corporation by 8.1%, making the stock its 10th largest position with a total value of approximately $37.5 million.
• Analysts from firms like UBS and Citigroup have raised their price targets for Amphenol, with projections now ranging from $120.00 to $126.00 per share, indicating a consensus rating of "Moderate Buy".
• Amphenol announced a quarterly dividend of $0.165 per share, with an annualized yield of 0.6%, while insiders have sold approximately $73 million worth of stock over the last ninety days.

Logan Capital Management Inc. increased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 8.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 572,298 shares of the electronics maker's stock after purchasing an additional 42,821 shares during the quarter. Amphenol accounts for approximately 1.7% of Logan Capital Management Inc.'s portfolio, making the stock its 10th biggest position. Logan Capital Management Inc.'s holdings in Amphenol were worth $37,537,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of APH. Brighton Jones LLC increased its position in shares of Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after purchasing an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC grew its position in Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after acquiring an additional 618 shares in the last quarter. Focus Partners Wealth grew its position in Amphenol by 5.2% in the 4th quarter. Focus Partners Wealth now owns 133,461 shares of the electronics maker's stock valued at $9,279,000 after acquiring an additional 6,573 shares in the last quarter. Finally, Jefferies Financial Group Inc. grew its position in Amphenol by 14.4% in the 4th quarter. Jefferies Financial Group Inc. now owns 17,936 shares of the electronics maker's stock valued at $1,246,000 after acquiring an additional 2,260 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Down 0.6%

Shares of Amphenol stock traded down $0.76 on Friday, reaching $118.71. 6,358,068 shares of the company were exchanged, compared to its average volume of 8,477,077. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $120.80. The company has a market cap of $144.94 billion, a P/E ratio of 47.30, a price-to-earnings-growth ratio of 1.91 and a beta of 1.15. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The stock's 50 day moving average price is $107.06 and its 200-day moving average price is $87.68.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The firm had revenue of $5.65 billion during 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 firm's quarterly 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 earnings per share. 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 Announces Dividend

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

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP Lance E. D'amico sold 100,000 shares of the business'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 completion of the sale, the vice president owned 76,400 shares of the company's stock, valued at approximately $8,449,840. This represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on APH. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. UBS Group lifted their target price on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Robert W. Baird lifted their target price on Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research report on Tuesday, August 19th. Finally, Truist Financial boosted their price objective on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research 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 company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

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.