Balboa Wealth Partners Acquires Shares of 3,867 Amphenol Corporation $APH

Key Points

• Balboa Wealth Partners acquired 3,867 shares of Amphenol Corporation, valued at approximately $382,000, during the second quarter.
• Insider William J. Doherty sold 113,000 shares worth about $12.3 million, while overall insider trading totaled 665,924 shares valued at over $73 million in the past 90 days.
• Amphenol reported a quarterly earnings per share (EPS) of $0.81, exceeding estimates by 15 cents, with revenue of $5.65 billion, up 56.5% year-over-year.

Balboa Wealth Partners acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,867 shares of the electronics maker's stock, valued at approximately $382,000.

Other large investors also recently modified their holdings of the company. Hughes Financial Services LLC bought a new position in shares of Amphenol in the 1st quarter worth about $25,000. Opal Wealth Advisors LLC bought a new position in shares of Amphenol in the 2nd quarter worth about $25,000. Avalon Trust Co lifted its position in shares of Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after buying an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Amphenol in the 1st quarter worth about $28,000. Finally, Saudi Central Bank bought a new position in shares of Amphenol in the 1st quarter worth about $31,000. 97.01% of the stock is currently owned by institutional investors.

Insider Activity at Amphenol

In other news, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction dated 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 transaction, the vice president owned 12,500 shares of the company's stock, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 in the last 90 days. Corporate insiders own 1.67% of the company's stock.

Amphenol Stock Up 1.6%

Amphenol stock opened at $127.71 on Tuesday. The stock has a market cap of $155.92 billion, a price-to-earnings ratio of 50.88, a PEG ratio of 1.64 and a beta of 1.17. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The company's 50-day moving average price is $117.76 and its two-hundred day moving average price is $99.04. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $128.12.

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

Amphenol Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on APH. Robert W. Baird set a $139.00 price target on shares of Amphenol and gave the stock an "outperform" rating in a research report on Friday, October 10th. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. The Goldman Sachs Group set a $139.00 price objective on shares of Amphenol and gave the stock a "buy" rating in a report on Monday, September 29th. Barclays began coverage on shares of Amphenol in a report on Wednesday, October 8th. They issued an "equal weight" rating and a $120.00 price objective on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Amphenol from $125.00 to $145.00 and gave the stock an "overweight" rating in a report on Thursday, October 16th. Ten research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amphenol has an average rating of "Moderate Buy" and a consensus target price of $118.00.

About Amphenol

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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