Amphenol Corporation $APH Stake Increased by Nordea Investment Management AB

Key Points

• Nordea Investment Management AB has significantly increased its stake in Amphenol Corporation by 1,068.3% in the second quarter, now owning approximately 0.09% of the company valued at $110.87 million.
• Amphenol reported robust quarterly earnings, posting $0.81 earnings per share which exceeded estimates, along with a 56.5% increase in quarterly revenue year-over-year.
• The company recently announced a quarterly dividend of $0.165, with a dividend yield of 0.5% and a payout ratio of 26.29%.

Nordea Investment Management AB increased its stake in Amphenol Corporation (NYSE:APH - Free Report) by 1,068.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,131,809 shares of the electronics maker's stock after buying an additional 1,034,935 shares during the period. Nordea Investment Management AB owned about 0.09% of Amphenol worth $110,872,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Motive Wealth Advisors acquired a new position in Amphenol in the second quarter worth $215,000. LeConte Wealth Management LLC acquired a new position in Amphenol in the second quarter worth $399,000. Perigon Wealth Management LLC boosted its holdings in Amphenol by 29.4% in the first quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock worth $1,144,000 after purchasing an additional 3,964 shares during the period. City Center Advisors LLC acquired a new position in Amphenol in the second quarter worth $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Amphenol by 25.5% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker's stock worth $2,736,000 after purchasing an additional 5,630 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Stock Performance

APH stock opened at $125.73 on Friday. The company has a market capitalization of $153.51 billion, a P/E ratio of 50.09, a PEG ratio of 1.66 and a beta of 1.17. The company has a 50-day simple moving average of $117.40 and a 200 day simple moving average of $98.10. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $128.12. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The company's quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Sell-side analysts predict 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 was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol's dividend payout ratio is presently 26.29%.

Insider Activity at Amphenol

In related news, CFO Craig A. Lampo sold 40,076 shares of the company's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer owned 39,884 shares of the company's stock, valued at $4,409,575.04. This represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the business's stock in a transaction dated 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 approximately $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

APH has been the subject of a number of research reports. Truist Financial lifted their price objective on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a report on Wednesday, October 8th. UBS Group set a $120.00 price target on shares of Amphenol in a report on Tuesday, October 7th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Amphenol from $125.00 to $145.00 and gave the company an "overweight" rating in a report on Thursday. Ten equities 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 company has a consensus rating of "Moderate Buy" and an average target price of $118.00.

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.

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