Alliancebernstein L.P. Acquires 92,450 Shares of Amphenol Corporation $APH

Key Points

• Alliancebernstein L.P. increased its stake in Amphenol Corporation by 1.1%, holding approximately 8.74 million shares valued at $573 million as of the latest SEC filing.
• Several hedge funds, including AQR Capital Management and Advisors Asset Management, significantly raised their stakes in Amphenol during the 1st quarter, indicating strong institutional interest.
• Amphenol reported a quarterly EPS of $0.81, exceeding analysts' expectations, with revenue reaching $5.65 billion, a 56.5% year-over-year increase.

Alliancebernstein L.P. raised its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 1.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,739,553 shares of the electronics maker's stock after acquiring an additional 92,450 shares during the period. Alliancebernstein L.P. owned about 0.72% of Amphenol worth $573,227,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of APH. Brighton Jones LLC lifted its stake 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 in the last quarter. Revolve Wealth Partners LLC lifted its stake in Amphenol by 87.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after acquiring an additional 4,721 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Amphenol by 8.3% during the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock worth $559,000 after purchasing an additional 618 shares during the period. Aptus Capital Advisors LLC raised its stake in shares of Amphenol by 76.7% during the 4th quarter. Aptus Capital Advisors LLC now owns 16,905 shares of the electronics maker's stock worth $1,176,000 after purchasing an additional 7,339 shares during the period. Finally, Ancora Advisors LLC raised its stake in shares of Amphenol by 65.9% during the 4th quarter. Ancora Advisors LLC now owns 1,249 shares of the electronics maker's stock worth $87,000 after purchasing an additional 496 shares during the period. 97.01% of the stock is currently owned by institutional investors.

Amphenol Price Performance

APH stock traded up $0.58 during mid-day trading on Monday, reaching $111.03. 3,945,441 shares of the company traded hands, compared to its average volume of 8,353,861. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $113.69. 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 capitalization of $135.55 billion, a P/E ratio of 44.23, a P/E/G ratio of 1.77 and a beta of 1.15. The company has a fifty day moving average price of $105.61 and a 200-day moving average price of $86.59.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 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 company had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Amphenol'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. As a group, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be given 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 presently 26.29%.

Insider Transactions at Amphenol

In related news, 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 completion of the sale, the vice president owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 value of $12,462,770.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Bank of America lifted their target price on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. Citigroup lifted their target price on Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. The Goldman Sachs Group reissued a "buy" rating on shares of Amphenol in a report on Friday, July 11th. Evercore ISI lifted their price objective on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. Finally, Industrial Alliance Securities set a $115.00 price objective on Amphenol in a report on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $105.62.

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.