AQR Capital Management LLC Increases Stake in Amphenol Corporation $APH

Key Points

• AQR Capital Management LLC increased its position in Amphenol Corporation by 338.8%, acquiring a total of 3,275,831 shares valued at approximately $212.8 million.
• Amphenol reported a 56.5% year-over-year revenue increase in its latest quarterly earnings, with $5.65 billion in revenue and an EPS of $0.81, exceeding analysts' expectations.
• The company announced a quarterly dividend of $0.165 per share, which reflects an annual yield of 0.6% and a payout ratio of 26.29%.

AQR Capital Management LLC lifted its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 338.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,275,831 shares of the electronics maker's stock after purchasing an additional 2,529,319 shares during the period. AQR Capital Management LLC owned 0.27% of Amphenol worth $212,798,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of APH. Brighton Jones LLC increased its stake in shares of Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after purchasing an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after purchasing an additional 4,721 shares during the period. Bison Wealth LLC lifted its holdings 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 acquiring an additional 618 shares during the period. Aptus Capital Advisors LLC lifted its holdings 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 acquiring an additional 7,339 shares during the period. Finally, Ancora Advisors LLC lifted its holdings 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 acquiring an additional 496 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

APH has been the subject of a number of research analyst reports. KGI Securities initiated coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. JPMorgan Chase & Co. upped their price objective on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. UBS Group upped their price objective on shares of Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Stock Up 0.5%

NYSE APH traded up $0.58 on Monday, hitting $111.03. 3,945,441 shares of the company were exchanged, compared to its average volume of 8,353,861. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $113.69. The company has a market cap of $135.55 billion, a PE ratio of 44.23, a PEG ratio of 1.77 and a beta of 1.15. The stock has a fifty day moving average of $105.61 and a 200-day moving average of $86.59. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61.

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

Amphenol Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.6%. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

Insider Activity

In other news, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the transaction, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. The trade was a 88.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Lance E. D'amico sold 100,000 shares of the business's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the transaction, the vice president directly owned 76,400 shares in the company, valued at approximately $8,449,840. The trade was a 56.69% 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 90 days. Company insiders own 1.67% of the company's stock.

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.