Amphenol Corporation $APH Shares Sold by NewEdge Advisors LLC

Key Points

• NewEdge Advisors LLC reduced its stake in Amphenol Corporation by 18.3%, bringing its ownership down to 40,512 shares valued at $2.657 million according to recent SEC filings.
• Amphenol reported earnings of $0.81 per share, surpassing expectations of $0.66 and achieving revenues of $5.65 billion, up 56.5% year-over-year.
• The company announced a quarterly dividend of $0.165 per share, with an annualized dividend yield of 0.6%, reflecting a payout ratio of 26.29%.

NewEdge Advisors LLC lowered its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 18.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,512 shares of the electronics maker's stock after selling 9,075 shares during the period. NewEdge Advisors LLC's holdings in Amphenol were worth $2,657,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Nippon Life Global Investors Americas Inc. grew its stake in shares of Amphenol by 31.9% in the 1st quarter. Nippon Life Global Investors Americas Inc. now owns 159,030 shares of the electronics maker's stock worth $10,453,000 after purchasing an additional 38,460 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Amphenol by 3.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 168,983 shares of the electronics maker's stock worth $11,085,000 after acquiring an additional 5,218 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Amphenol by 13.2% in the first quarter. Integrated Wealth Concepts LLC now owns 14,476 shares of the electronics maker's stock worth $949,000 after acquiring an additional 1,693 shares in the last quarter. Ironvine Capital Partners LLC purchased a new position in shares of Amphenol in the first quarter worth approximately $7,895,000. Finally, Gotham Asset Management LLC increased its position in shares of Amphenol by 29.6% in the first quarter. Gotham Asset Management LLC now owns 179,894 shares of the electronics maker's stock worth $11,799,000 after acquiring an additional 41,127 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Price Performance

NYSE APH opened at $119.38 on Thursday. 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 stock has a market capitalization of $145.75 billion, a PE ratio of 47.56, a price-to-earnings-growth ratio of 1.87 and a beta of 1.15. The company has a 50 day moving average price of $106.65 and a two-hundred day moving average price of $87.32. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $120.80.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The firm had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The company's revenue was up 56.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities 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. Shareholders of record on Tuesday, September 16th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. Amphenol's payout ratio is 26.29%.

Insider Buying and Selling at Amphenol

In other news, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total value of $12,462,770.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction 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 owned 12,500 shares of the company's stock, valued at $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock valued at $73,369,357 over the last three months. 1.67% of the stock is owned by insiders.

Analysts Set New Price Targets

APH has been the topic of several analyst reports. UBS Group lifted their target price on shares of Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Robert W. Baird lifted their target price on shares of Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Citigroup lifted their target price on shares of Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. KGI Securities began coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating on the stock. Finally, Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

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.

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.