Amphenol Corporation $APH Stake Reduced by Fenimore Asset Management Inc

Key Points

• Fenimore Asset Management Inc reduced its stake in Amphenol Corporation by 0.4%, owning approximately 2.29 million shares, which represents 4.5% of its total portfolio.
• Amphenol reported earnings of $0.81 per share for the last quarter, exceeding analyst expectations of $0.66, with a revenue increase of 56.5% year-over-year, totaling $5.65 billion.
• The company recently announced a quarterly dividend of $0.165 per share, with an upcoming payout set for October 8th and a dividend yield of 0.5%.

Fenimore Asset Management Inc lowered its stake in Amphenol Corporation (NYSE:APH - Free Report) by 0.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,287,420 shares of the electronics maker's stock after selling 9,196 shares during the quarter. Amphenol comprises 4.5% of Fenimore Asset Management Inc's portfolio, making the stock its 2nd largest position. Fenimore Asset Management Inc owned about 0.19% of Amphenol worth $225,883,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of APH. Motive Wealth Advisors purchased a new position in shares of Amphenol in the second quarter valued at $215,000. LeConte Wealth Management LLC acquired a new position in Amphenol in the 2nd quarter worth $399,000. Perigon Wealth Management LLC boosted its position 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 buying an additional 3,964 shares during the last quarter. City Center Advisors LLC purchased a new position in Amphenol in the 2nd quarter valued at about $482,000. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Amphenol by 46.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock valued at $4,589,000 after acquiring an additional 22,293 shares in the last quarter. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Performance

Amphenol stock opened at $122.28 on Monday. 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. The company has a fifty day moving average price of $113.91 and a two-hundred day moving average price of $94.53. The company has a market cap of $149.29 billion, a PE ratio of 48.72, a P/E/G ratio of 1.96 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The company 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 firm posted $0.44 EPS. The company's revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be issued a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Amphenol's dividend payout ratio is 26.29%.

Insider Buying and Selling

In other news, VP David M. Silverman sold 100,000 shares of the 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 sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,380,250. This represents a 88.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the business's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the transaction, the vice president owned 76,400 shares of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their position. 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 quarter. Company insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Truist Financial boosted their price target on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. KGI Securities began coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating on the stock. UBS Group increased their target price on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a research report on Saturday, September 27th. Finally, JPMorgan Chase & Co. upped their price target on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $110.00.

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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