Amphenol Corporation $APH Shares Purchased by Swedbank AB

Key Points

• Swedbank AB increased its holdings in Amphenol Corporation by 10.4%, owning approximately 4.75 million shares worth $311 million at the end of the most recent quarter.
• Amphenol reported $0.81 earnings per share, surpassing the consensus estimate of $0.66, with quarterly revenue of $5.65 billion.
• The company recently announced a quarterly dividend of $0.165 per share, with a payout ratio of 26.29%.

Swedbank AB increased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 10.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,748,252 shares of the electronics maker's stock after purchasing an additional 448,000 shares during the quarter. Swedbank AB owned 0.39% of Amphenol worth $311,438,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hughes Financial Services LLC acquired a new stake in shares of Amphenol during the 1st quarter worth about $25,000. Avalon Trust Co increased its position in shares of Amphenol by 133.3% during 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 during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Amphenol during the 1st quarter worth about $28,000. Saudi Central Bank acquired a new stake in shares of Amphenol during the 1st quarter worth about $31,000. Finally, Ransom Advisory Ltd acquired a new position in Amphenol in the 1st quarter valued at about $33,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Performance

Shares of APH opened at $119.62 on Friday. The stock has a 50-day simple moving average of $107.06 and a 200-day simple moving average of $87.68. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The stock has a market capitalization of $146.05 billion, a PE ratio of 47.66, a PEG ratio of 1.91 and a beta of 1.15. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $120.80.

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, beating the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business's quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

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

Insiders Place Their Bets

In related news, VP Lance E. D'amico sold 100,000 shares of the business's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the sale, the vice president owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 in the last three months. 1.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. KGI Securities assumed coverage on Amphenol in a research report on Thursday, June 26th. They issued 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. Bank of America lifted their target price on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Evercore ISI lifted their target price on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 18th. Finally, Industrial Alliance Securities set a $115.00 target price on Amphenol in a research report on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.