Amphenol Corporation $APH Shares Purchased by Public Employees Retirement System of Ohio

Key Points

• The Public Employees Retirement System of Ohio increased its stake in Amphenol Corporation by 4.2% during Q2, reaching a total of 567,640 shares valued at approximately $56 million.
• Several investment firms have raised their price targets for Amphenol, with Truist Financial increasing its target from $102 to $126, reflecting strong analyst confidence in the company's performance.
• Amphenol plans to issue a quarterly dividend of $0.165 per share on October 8th, representing an annual yield of 0.5% and a payout ratio of 26.29%.

Public Employees Retirement System of Ohio boosted its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 567,640 shares of the electronics maker's stock after buying an additional 22,915 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Amphenol were worth $56,054,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in 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 buying an additional 2,870,933 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in Amphenol by 196.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock worth $1,098,190,000 after buying an additional 11,092,282 shares during the period. Wellington Management Group LLP boosted its stake in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after buying an additional 5,154,860 shares during the period. Invesco Ltd. boosted its stake in Amphenol by 1.6% during the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock worth $603,362,000 after buying an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Amphenol by 639.0% during the first 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 worth $574,500,000 after buying an additional 7,573,750 shares during the period. Hedge funds and other institutional investors own 97.01% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on APH shares. Wall Street Zen lowered shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Truist Financial raised 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. Evercore ISI raised their price objective on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. JPMorgan Chase & Co. raised their price objective on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Finally, Robert W. Baird raised their price objective on shares of Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research note on Tuesday, August 19th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Amphenol has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

Insider Activity at Amphenol

In other news, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the transaction, the vice president directly owned 12,500 shares of the company's stock, valued at $1,380,250. The trade was a 88.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the completion of the transaction, the chief financial officer directly owned 39,884 shares in the company, valued at $4,409,575.04. The trade was a 50.12% decrease in their ownership of the stock. 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. Company insiders own 1.67% of the company's stock.

Amphenol Stock Up 1.5%

Shares of Amphenol stock opened at $125.59 on Wednesday. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $126.06. The company has a 50 day moving average of $110.68 and a 200 day moving average of $91.02. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The company has a market capitalization of $153.34 billion, a P/E ratio of 50.04, a P/E/G ratio of 1.98 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the previous year, the firm earned $0.44 earnings per share. The firm's quarterly revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be issued 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 yield of 0.5%. Amphenol's dividend payout ratio (DPR) is presently 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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