Acadian Asset Management LLC Sells 167,068 Shares of Amphenol Corporation $APH

Key Points

• Acadian Asset Management LLC has reduced its stake in Amphenol Corporation by 56.4%, selling 167,068 shares and retaining 129,213 shares valued at approximately $8.47 million.
• Amphenol's recent earnings report revealed an EPS of $0.81, surpassing expectations, with revenue of $5.65 billion, a 56.5% increase year-over-year.
• The company has declared a quarterly dividend of $0.165, resulting in an annualized dividend yield of 0.6%, with a payout ratio of 26.29%.

Acadian Asset Management LLC reduced its position in Amphenol Corporation (NYSE:APH - Free Report) by 56.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 129,213 shares of the electronics maker's stock after selling 167,068 shares during the quarter. Acadian Asset Management LLC's holdings in Amphenol were worth $8,470,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of APH. Brighton Jones LLC boosted its holdings in Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC raised its position in shares of Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock worth $559,000 after acquiring an additional 618 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Amphenol by 42.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 163,765 shares of the electronics maker's stock valued at $11,373,000 after buying an additional 49,063 shares in the last quarter. Finally, NorthRock Partners LLC increased its position in Amphenol by 178.4% during the 4th quarter. NorthRock Partners LLC now owns 9,254 shares of the electronics maker's stock valued at $643,000 after buying an additional 5,930 shares in the last quarter. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

APH has been the subject of a number of research analyst reports. KGI Securities initiated coverage on Amphenol in a report on Thursday, June 26th. They issued a "hold" rating for the company. Industrial Alliance Securities set a $115.00 price target on Amphenol in a research note on Friday, July 11th. The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Evercore ISI raised their price target on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 18th. Finally, Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $105.62.

Insider Buying and Selling

In other Amphenol news, 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 transaction of $12,462,770.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 value of $11,060,000.00. Following the sale, the vice president directly 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 disclosure for this sale can be found here. Over the last ninety days, insiders sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company's stock.

Amphenol Price Performance

Shares of Amphenol stock traded up $0.72 during trading hours on Monday, hitting $119.40. The company's stock had a trading volume of 5,744,606 shares, compared to its average volume of 8,032,561. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $120.80. 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 business has a 50 day moving average price of $107.86 and a two-hundred day moving average price of $88.73. The company has a market cap of $145.78 billion, a PE ratio of 47.57, a PEG ratio of 1.90 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. During the same period in the previous year, the firm posted $0.44 earnings per share. The business'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 expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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 paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's payout ratio is presently 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.