Wealth Enhancement Advisory Services LLC Raises Stake in Amphenol Corporation $APH

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Amphenol Corporation by 4.4%, acquiring an additional 10,653 shares during the second quarter, bringing their total holdings to 254,418 shares worth approximately $25.3 million.
• Amphenol's recent quarterly earnings exceeded expectations, reporting $0.81 earnings per share, beating the consensus estimate of $0.66 by $0.15, with revenues up 56.5% year-over-year.
• The company has announced a quarterly dividend of $0.165 per share to be paid on October 8th, reflecting a 0.5% yield and a payout ratio of 26.29%.

Wealth Enhancement Advisory Services LLC raised its position in Amphenol Corporation (NYSE:APH - Free Report) by 4.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 254,418 shares of the electronics maker's stock after buying an additional 10,653 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Amphenol were worth $25,304,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of APH. Vanguard Group Inc. raised its position in shares of Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock worth $10,166,370,000 after acquiring an additional 2,870,933 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in shares of Amphenol by 196.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after buying an additional 11,092,282 shares during the period. Wellington Management Group LLP lifted its holdings in Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after purchasing an additional 5,154,860 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Amphenol by 1.6% in the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock valued at $603,362,000 after acquiring an additional 141,069 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Amphenol by 639.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock valued at $574,500,000 after purchasing an additional 7,573,750 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 midday trading on Friday, reaching $124.20. The stock had a trading volume of 15,836,325 shares, compared to its average volume of 8,833,182. Amphenol Corporation has a one year low of $56.45 and a one year high of $124.39. 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 50 day simple moving average of $109.68 and a 200-day simple moving average of $90.35. The firm has a market cap of $151.64 billion, a PE ratio of 49.48, a P/E/G ratio of 1.99 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last released its 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. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the previous year, the company earned $0.44 EPS. Amphenol's quarterly revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, sell-side analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

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 paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the company's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer directly owned 39,884 shares of the company's stock, valued at $4,409,575.04. The trade was a 50.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock worth $73,369,357 over the last ninety days. Insiders own 1.67% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on APH. KGI Securities started coverage on Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating for the company. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Robert W. Baird increased their price target on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. JPMorgan Chase & Co. raised their target price on Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Finally, UBS Group lifted their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average 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.