Goldman Sachs Group Inc. Has $507.19 Million Stock Holdings in Amphenol Corporation $APH

Key Points

• Goldman Sachs Group Inc. increased its stake in Amphenol Corporation by 40.1% to 7,732,690 shares, making it worth approximately $507 million at the end of the recent quarter.
• Amphenol has received positive analyst ratings, with target price increases from major firms, ranging from $105 to $125, and has an average rating of "Moderate Buy."
• The company recently announced a quarterly dividend of $0.165, reflecting an annualized dividend yield of 0.6%, with a payout ratio of 26.29%.

Goldman Sachs Group Inc. increased its position in Amphenol Corporation (NYSE:APH - Free Report) by 40.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,732,690 shares of the electronics maker's stock after buying an additional 2,211,338 shares during the period. Goldman Sachs Group Inc. owned 0.64% of Amphenol worth $507,187,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Kestra Investment Management LLC increased its holdings in Amphenol by 154.1% in the first quarter. Kestra Investment Management LLC now owns 836 shares of the electronics maker's stock worth $55,000 after buying an additional 507 shares during the last quarter. Knightsbridge Asset Management LLC grew its holdings in Amphenol by 3.4% during the first quarter. Knightsbridge Asset Management LLC now owns 29,959 shares of the electronics maker's stock valued at $1,965,000 after purchasing an additional 978 shares during the last quarter. Temasek Holdings Private Ltd grew its holdings in Amphenol by 1,076.5% during the first quarter. Temasek Holdings Private Ltd now owns 249,944 shares of the electronics maker's stock valued at $16,394,000 after purchasing an additional 228,699 shares during the last quarter. USS Investment Management Ltd raised its position in shares of Amphenol by 2.0% in the first quarter. USS Investment Management Ltd now owns 249,179 shares of the electronics maker's stock valued at $16,345,000 after purchasing an additional 4,872 shares during the period. Finally, UniSuper Management Pty Ltd lifted its stake in shares of Amphenol by 6.7% in the first quarter. UniSuper Management Pty Ltd now owns 245,393 shares of the electronics maker's stock worth $16,095,000 after buying an additional 15,480 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Transactions at Amphenol

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the transaction, the vice president owned 12,500 shares of the company's stock, valued at approximately $1,380,250. This represents a 88.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the company's stock in a transaction 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 directly owned 76,400 shares in the company, valued at approximately $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 quarter. 1.67% of the stock is owned by corporate insiders.

Amphenol Stock Performance

APH traded down $0.76 on Friday, hitting $118.71. 6,358,068 shares of the stock traded hands, compared to its average volume of 8,477,077. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $120.80. 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 capitalization of $144.94 billion, a PE ratio of 47.30, a P/E/G ratio of 1.91 and a beta of 1.15. The business has a fifty day moving average price of $107.06 and a two-hundred day moving average price of $87.68.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion for 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%.Amphenol's revenue was up 56.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, research analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on APH shares. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Evercore ISI lifted their price objective on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 18th. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. JPMorgan Chase & Co. lifted their price target on Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Finally, Truist Financial increased their price objective on Amphenol from $102.00 to $126.00 and gave the company 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $105.62.

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.