Amphenol Corporation $APH Shares Purchased by Harbour Investments Inc.

Key Points

• Harbour Investments Inc. significantly increased its stake in Amphenol Corporation by 1,908.8% during the second quarter, now owning over 12,000 shares valued at approximately $1.2 million.
• JPMorgan Chase & Co. raised its target price for Amphenol shares from $125.00 to $145.00, while Truist Financial also upped its price objective from $102.00 to $126.00.
• Recent insider transactions included VP Lance E. D'Amico selling 100,000 shares and CFO Craig A. Lampo selling 40,076 shares, representing significant decreases in their respective holdings.

Harbour Investments Inc. increased its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 1,908.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,153 shares of the electronics maker's stock after purchasing an additional 11,548 shares during the period. Harbour Investments Inc.'s holdings in Amphenol were worth $1,200,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Tranquility Partners LLC grew its stake in shares of Amphenol by 0.8% during the second quarter. Tranquility Partners LLC now owns 13,386 shares of the electronics maker's stock worth $1,322,000 after purchasing an additional 107 shares in the last quarter. EWA LLC grew its stake in shares of Amphenol by 2.3% during the second quarter. EWA LLC now owns 5,200 shares of the electronics maker's stock worth $514,000 after purchasing an additional 115 shares in the last quarter. Mather Group LLC. grew its stake in shares of Amphenol by 0.5% during the second quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker's stock worth $2,261,000 after purchasing an additional 118 shares in the last quarter. Independent Advisor Alliance grew its stake in shares of Amphenol by 1.7% during the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock worth $471,000 after purchasing an additional 122 shares in the last quarter. Finally, Traveka Wealth LLC grew its stake in shares of Amphenol by 3.9% during the second quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker's stock worth $324,000 after purchasing an additional 123 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $125.00 to $145.00 and gave the stock an "overweight" rating in a research note on Thursday. Truist Financial upped their price objective on shares of Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a research note on Wednesday, October 8th. Finally, Evercore ISI upped their price objective on shares of Amphenol from $120.00 to $150.00 and gave the company an "outperform" rating in a research note on Tuesday, October 7th. Ten analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $118.00.

Insider Buying and Selling at Amphenol

In related news, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction dated 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 completion of the transaction, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Craig A. Lampo sold 40,076 shares of the stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the transaction, the chief financial officer directly owned 39,884 shares of the company's stock, valued at $4,409,575.04. This represents a 50.12% decrease in their ownership of the stock. 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 three months. 1.67% of the stock is currently owned by corporate insiders.

Amphenol Price Performance

Shares of APH opened at $125.73 on Friday. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $128.12. The company has a market capitalization of $153.51 billion, a price-to-earnings ratio of 50.09, a price-to-earnings-growth ratio of 1.66 and a beta of 1.17. The firm has a 50-day simple moving average of $117.40 and a 200-day simple moving average of $98.10. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The business'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 research analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.165 per share. The ex-dividend date was Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Amphenol's dividend payout ratio is 26.29%.

Amphenol 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.

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