J. Stern & Co. LLP Boosts Stake in Amphenol Corporation $APH

Key Points

• J. Stern & Co. LLP increased its stake in Amphenol Corporation by 9.2%, owning a total of 845,119 shares valued at approximately $55.4 million.
• Amphenol's quarterly earnings reported an EPS of $0.81, exceeding analysts' estimates by $0.15, alongside a revenue increase of 56.5% year-over-year.
• The company announced a quarterly dividend of $0.165 per share, to be paid on October 8, representing an annualized yield of 0.6% with a payout ratio of 26.29%.

J. Stern & Co. LLP lifted its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 9.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 845,119 shares of the electronics maker's stock after purchasing an additional 71,421 shares during the quarter. Amphenol accounts for about 5.3% of J. Stern & Co. LLP's holdings, making the stock its 8th largest position. J. Stern & Co. LLP owned about 0.07% of Amphenol worth $55,431,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hughes Financial Services LLC purchased a new position in Amphenol during the first quarter worth about $25,000. Avalon Trust Co boosted its holdings in shares of Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after purchasing an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Amphenol in the 1st quarter worth about $28,000. SouthState Corp purchased a new position in shares of Amphenol in the 1st quarter worth about $36,000. Finally, Global X Japan Co. Ltd. purchased a new position in shares of Amphenol in the 1st quarter worth about $44,000. 97.01% of the stock is currently owned by institutional investors.

Insider Transactions at Amphenol

In other news, insider Luc Walter sold 286,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $91.43, for a total value of $26,148,980.00. Following the transaction, the insider directly owned 451,790 shares in the company, valued at $41,307,159.70. This trade represents a 38.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Craig A. Lampo sold 199,848 shares of the firm's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares in the company, valued at approximately $13,880,498.85. This trade represents a 61.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 951,924 shares of company stock worth $99,518,337. Company insiders own 1.67% of the company's stock.

Analyst Ratings Changes

APH has been the subject of several analyst reports. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. 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. KGI Securities initiated coverage on Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Finally, Citigroup increased their target price on Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Eight equities 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, Amphenol presently has an average rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol Stock Down 2.8%

APH traded down $3.09 during trading on Friday, hitting $108.85. 6,200,801 shares of the company's stock traded hands, compared to its average volume of 7,085,790. The company's 50 day simple moving average is $104.23 and its two-hundred day simple moving average is $85.04. The company has a current ratio of 2.02, a quick ratio of 1.46 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 $112.35. The stock has a market capitalization of $132.90 billion, a price-to-earnings ratio of 43.37, a PEG ratio of 1.75 and a beta of 1.13.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the business posted $0.44 EPS. The company's 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. Analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal 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 $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is 26.29%.

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.