Amphenol Corporation $APH Stock Position Lowered by John G Ullman & Associates Inc.

Key Points

• John G Ullman & Associates Inc. reduced its position in Amphenol Corporation by 61.2%, ending with 5,775 shares valued at $570,000 after selling 9,092 shares in Q2.
• Several institutional investors, including Vanguard and T. Rowe Price, have increased their stakes significantly in Amphenol, with institutional ownership now at 97.01% of the company.
• Amphenol reported quarterly earnings of $0.81 EPS, exceeding expectations, with a revenue increase of 56.5% year-over-year, and announced a quarterly dividend of $0.165.

John G Ullman & Associates Inc. lessened its position in Amphenol Corporation (NYSE:APH - Free Report) by 61.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,775 shares of the electronics maker's stock after selling 9,092 shares during the period. John G Ullman & Associates Inc.'s holdings in Amphenol were worth $570,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of APH. Vanguard Group Inc. raised its position in shares of Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares during the period. T. Rowe Price Investment Management Inc. raised its position in shares of Amphenol by 196.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock worth $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. Wellington Management Group LLP raised its position in shares of Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after purchasing an additional 5,154,860 shares during the period. Invesco Ltd. raised its position in shares of Amphenol by 1.6% during the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock worth $603,362,000 after purchasing an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Amphenol by 639.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock worth $574,500,000 after purchasing an additional 7,573,750 shares during the period. Institutional investors own 97.01% of the company's stock.

Insider Transactions at Amphenol

In other Amphenol news, 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 value of $11,060,000.00. Following the transaction, the vice president owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the transaction, the vice president owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of recent analyst reports. Wall Street Zen lowered Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Bank of America raised Amphenol from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $120.00 to $150.00 in a research report on Wednesday. Robert W. Baird set a $139.00 price target on Amphenol and gave the company an "outperform" rating in a report on Friday, October 10th. UBS Group set a $120.00 price target on Amphenol in a report on Tuesday, October 7th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Amphenol in a report on Wednesday, October 8th. Ten investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol currently has an average rating of "Moderate Buy" and a consensus price target of $118.00.

Amphenol Stock Performance

Shares of NYSE APH opened at $125.73 on Friday. The business's 50-day moving average price is $117.40 and its two-hundred day moving average price is $98.31. 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 one year low of $56.45 and a one year high of $128.12. The company has a market capitalization of $153.51 billion, a P/E ratio of 50.09, a price-to-earnings-growth ratio of 1.64 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the previous year, the company posted $0.44 earnings per share. The business's quarterly revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th were paid a $0.165 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. Amphenol's payout ratio is 26.29%.

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.