Amphenol Corporation $APH Shares Sold by Western Financial Corp CA

Key Points

• Western Financial Corp CA decreased its holdings in Amphenol Corporation by 24.5% in Q2, now owning 9,366 shares valued at approximately $925,000.
• Amphenol reported a 56.5% year-over-year revenue increase in its latest earnings, achieving $5.65 billion in revenue and an EPS of $0.81, exceeding expectations.
• The company has announced a quarterly dividend of $0.165 per share, with the ex-dividend date set for September 16th, representing an annualized yield of 0.5%.

Western Financial Corp CA lessened its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 24.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,366 shares of the electronics maker's stock after selling 3,047 shares during the quarter. Western Financial Corp CA's holdings in Amphenol were worth $925,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of APH. Motive Wealth Advisors acquired a new stake in shares of Amphenol during the 2nd quarter worth approximately $215,000. LeConte Wealth Management LLC acquired a new stake in shares of Amphenol during the 2nd quarter worth approximately $399,000. Perigon Wealth Management LLC grew its stake in Amphenol by 29.4% in the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after acquiring an additional 3,964 shares during the period. City Center Advisors LLC acquired a new stake in Amphenol in the 2nd quarter valued at $482,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Amphenol by 46.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock valued at $4,589,000 after purchasing an additional 22,293 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Stock Performance

Amphenol stock opened at $122.60 on Friday. The stock's 50-day moving average is $111.92 and its 200-day moving average is $92.08. The company has a market cap of $149.68 billion, a price-to-earnings ratio of 48.84, a price-to-earnings-growth ratio of 1.96 and a beta of 1.15. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $126.06.

Amphenol (NYSE:APH - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the business posted $0.44 EPS. The company's revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed 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. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio is presently 26.29%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on APH shares. Citigroup reiterated a "buy" rating and set a $145.00 price target (up previously from $125.00) on shares of Amphenol in a report on Wednesday. Bank of America raised their price objective on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research report on Friday, July 11th. KGI Securities started coverage on Amphenol in a research report on Thursday, June 26th. They issued a "hold" rating for the company. Finally, Evercore ISI boosted their price objective on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 18th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $107.15.

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction on Friday, August 8th. The stock was sold at an average price of $108.89, for a total transaction of $12,304,570.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Craig A. Lampo sold 199,848 shares of the company's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of the sale, the chief financial officer owned 125,695 shares of the company's stock, valued at approximately $13,880,498.85. This trade represents a 61.39% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 665,924 shares of company stock worth $73,369,357. Insiders own 1.67% of the company's stock.

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.

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