Amphenol Corporation $APH Shares Sold by Mattson Financial Services LLC

Key Points

• Mattson Financial Services LLC reduced its stake in Amphenol Corporation by 12.3%, leaving it with 29,093 shares valued at approximately $2.87 million.
• Institutions hold 97.01% of Amphenol, with T. Rowe Price increasing its holdings by 196.3% to own 16.74 million shares.
• Amphenol recently reported earnings of $0.81 per share, exceeding estimates, and announced a quarterly dividend of $0.165 per share.

Mattson Financial Services LLC decreased its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 12.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,093 shares of the electronics maker's stock after selling 4,086 shares during the quarter. Mattson Financial Services LLC's holdings in Amphenol were worth $2,873,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of APH. T. Rowe Price Investment Management Inc. lifted its holdings in Amphenol by 196.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after acquiring an additional 11,092,282 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Amphenol by 639.0% in 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 valued at $574,500,000 after acquiring an additional 7,573,750 shares during the period. Nuveen LLC acquired a new position in Amphenol in the first quarter valued at approximately $476,842,000. Wellington Management Group LLP lifted its holdings in Amphenol by 73.5% in the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after acquiring an additional 5,154,860 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Amphenol by 1.9% in the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after acquiring an additional 2,870,933 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Trading Up 1.3%

Shares of APH stock opened at $127.27 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The company has a market cap of $155.39 billion, a price-to-earnings ratio of 50.71, a PEG ratio of 2.01 and a beta of 1.17. The stock has a 50 day simple moving average of $117.08 and a 200-day simple moving average of $97.69. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $128.12.

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 return on equity of 30.58% and a net margin of 16.90%.The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the prior year, the company posted $0.44 EPS. The business'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. On average, equities research analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

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

Insider Transactions at Amphenol

In related news, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Craig A. Lampo sold 40,076 shares of the business's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the sale, the chief financial officer owned 39,884 shares of the company's stock, 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 have sold a total of 665,924 shares of company stock valued at $73,369,357 over the last ninety days. Company insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

APH has been the subject of a number of analyst reports. Truist Financial boosted their price target on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a report on Thursday, July 24th. UBS Group set a $120.00 price target on Amphenol in a report on Tuesday, October 7th. Robert W. Baird set a $139.00 price target on Amphenol and gave the company an "outperform" rating in a report on Friday, October 10th. Evercore ISI boosted their price target on Amphenol from $120.00 to $150.00 and gave the company an "outperform" rating in a report on Tuesday, October 7th. Finally, Industrial Alliance Securities set a $115.00 target price on Amphenol in a research note on Friday, July 11th. Ten research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $118.00.

Amphenol Company 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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