Apollon Wealth Management LLC Reduces Stake in Amphenol Corporation $APH

Key Points

• Apollon Wealth Management LLC reduced its stake in Amphenol Corporation by 5.9%, owning 72,565 shares valued at approximately $7.17 million following a sale of 4,546 shares.
• Insiders have sold a total of 665,924 shares of Amphenol stock, valued at about $73.37 million, over the last three months, leading to a significant decrease in their ownership.
• Amphenol reported a strong quarterly performance with earnings of $0.81 per share, exceeding estimates, and a 56.5% year-over-year revenue increase, totaling $5.65 billion.

Apollon Wealth Management LLC lowered its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 5.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 72,565 shares of the electronics maker's stock after selling 4,546 shares during the quarter. Apollon Wealth Management LLC's holdings in Amphenol were worth $7,166,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of APH. Motive Wealth Advisors purchased a new position in shares of Amphenol in the 2nd quarter valued at approximately $215,000. LeConte Wealth Management LLC purchased a new position in shares of Amphenol in the 2nd quarter valued at approximately $399,000. Perigon Wealth Management LLC lifted its stake in shares of 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 purchasing an additional 3,964 shares during the period. City Center Advisors LLC purchased a new position in shares of Amphenol in the 2nd quarter valued at approximately $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Amphenol by 25.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker's stock valued at $2,736,000 after purchasing an additional 5,630 shares during the period. Hedge funds and other institutional investors own 97.01% of the company's stock.

Insiders Place Their Bets

In other news, VP Lance E. D'amico sold 100,000 shares of Amphenol 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 sale, the vice president directly owned 76,400 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock valued at $73,369,357 over the last three months. Insiders own 1.67% of the company's stock.

Amphenol Price Performance

NYSE APH opened at $121.64 on Friday. The company has a market capitalization of $148.51 billion, a PE ratio of 48.46, a price-to-earnings-growth ratio of 2.03 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The business's fifty day moving average is $115.78 and its 200 day moving average is $96.09. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $127.50.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.15. The company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.Amphenol's quarterly revenue was up 56.5% compared to the same quarter last year. During the same period in the previous year, the business earned $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 year.

Amphenol Announces Dividend

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

Analyst Ratings Changes

APH has been the subject of a number of research analyst reports. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research note on Friday, July 11th. KGI Securities initiated coverage on Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Barclays initiated coverage on Amphenol in a research report on Wednesday. They set an "equal weight" rating and a $120.00 price objective for the company. Truist Financial lifted their target price on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Finally, Bank of America lifted their target price on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.43.

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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