Amphenol Corporation $APH Shares Acquired by USS Investment Management Ltd

Key Points

• USS Investment Management Ltd increased its stake in Amphenol Corporation by 2.0% in the first quarter, now holding 249,179 shares valued at $16.34 million.
• Several analysts have raised their price targets for Amphenol, with Bank of America increasing its target from $110.00 to $120.00, while the stock is currently rated as a "Moderate Buy."
• The company declared a quarterly dividend of $0.165 per share, with the dividend yield standing at 0.6% and a payout ratio of 26.29%.

USS Investment Management Ltd boosted its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 249,179 shares of the electronics maker's stock after purchasing an additional 4,872 shares during the period. USS Investment Management Ltd's holdings in Amphenol were worth $16,345,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Perigon Wealth Management LLC lifted its position in shares of Amphenol by 29.4% during the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after acquiring an additional 3,964 shares during the last quarter. Raiffeisen Bank International AG purchased a new stake in shares of Amphenol during the fourth quarter valued at $13,847,000. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Amphenol by 46.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock valued at $4,589,000 after purchasing an additional 22,293 shares during the last quarter. Transcend Capital Advisors LLC lifted its stake in Amphenol by 14.4% during the first quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock valued at $295,000 after buying an additional 568 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Amphenol by 4.2% during the first quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock valued at $4,061,000 after buying an additional 2,514 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

APH has been the subject of several research analyst reports. Bank of America upped their price target on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Wall Street Zen lowered shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Evercore ISI increased their target price on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 18th. UBS Group increased their target price on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Finally, Industrial Alliance Securities set a $115.00 price objective on Amphenol in a research note on Friday, July 11th. Eight research 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.com, Amphenol has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol Stock Down 2.0%

APH stock opened at $110.51 on Friday. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $113.69. The company has a 50 day moving average of $105.61 and a two-hundred day moving average of $86.47. The company has a market cap of $134.93 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 1.77 and a beta of 1.15.

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 business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same period last year, the company earned $0.44 earnings per share. 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. On average, equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal 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 paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. Amphenol's dividend payout ratio (DPR) is 26.29%.

Insider Buying and Selling at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the transaction, the vice president owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 in the last ninety days. 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.

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