Amphenol Corporation $APH Shares Bought by Nippon Life Global Investors Americas Inc.

Key Points

• Nippon Life Global Investors Americas Inc. increased its stake in Amphenol Corporation by 31.9% during the first quarter, now owning 159,030 shares valued at approximately $10.45 million.
• Amphenol reported an earnings per share of $0.81 for its latest quarter, exceeding analysts' expectations by $0.15, with revenues reaching $5.65 billion.
• The company announced a quarterly dividend of $0.165, representing an annualized yield of 0.6% and a payout ratio of 26.29%.

Nippon Life Global Investors Americas Inc. boosted its position in Amphenol Corporation (NYSE:APH - Free Report) by 31.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 159,030 shares of the electronics maker's stock after purchasing an additional 38,460 shares during the quarter. Nippon Life Global Investors Americas Inc.'s holdings in Amphenol were worth $10,453,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Independent Advisor Alliance grew its position in Amphenol by 1.7% in the first 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 grew its position in shares of Amphenol by 1.9% during the first quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock worth $438,000 after buying an additional 126 shares in the last quarter. Ironwood Investment Counsel LLC grew 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 worth $307,000 after buying an additional 132 shares in the last quarter. FourThought Financial Partners LLC grew its position in shares of Amphenol by 4.1% during 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. Finally, Gallacher Capital Management LLC grew its position in shares of Amphenol by 4.6% during the first quarter. Gallacher Capital Management LLC now owns 3,197 shares of the electronics maker's stock worth $210,000 after buying an additional 142 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Craig A. Lampo sold 199,848 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares of the company's stock, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the transaction, the vice president directly owned 12,500 shares of the company's stock, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on APH. JPMorgan Chase & Co. raised their price target on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Evercore ISI raised their price target on shares of Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 18th. KGI Securities began coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Finally, Truist Financial raised 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. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Stock Performance

APH traded down $2.24 during trading hours on Friday, hitting $110.51. 12,408,043 shares of the stock were exchanged, compared to its average volume of 6,838,111. The stock has a 50-day simple moving average of $105.61 and a 200-day simple moving average of $86.59. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $113.69. The stock has a market cap of $134.93 billion, a price-to-earnings ratio of 44.03, a price-to-earnings-growth ratio of 1.77 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.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. During the same period last year, the business posted $0.44 earnings per share. The firm's revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts anticipate 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 issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.6%. Amphenol's payout ratio is 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.