Ballentine Partners LLC Boosts Stock Position in Amphenol Corporation $APH

Key Points

• Ballentine Partners LLC increased its stake in Amphenol Corporation by 19.6%, owning 32,102 shares worth approximately $3.17 million as of the latest SEC disclosure.
• Amphenol reported a 56.5% increase in revenue year-over-year, achieving $5.65 billion for the most recent quarter, with an EPS of $0.81 that surpassed analyst expectations.
• The company has announced a quarterly dividend of $0.165 per share, reflecting a 0.5% dividend yield and a payout ratio of 26.29%.

Ballentine Partners LLC boosted its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 19.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,102 shares of the electronics maker's stock after purchasing an additional 5,271 shares during the period. Ballentine Partners LLC's holdings in Amphenol were worth $3,170,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Independent Advisor Alliance boosted its position in Amphenol by 1.7% in the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock worth $471,000 after purchasing an additional 122 shares during the last quarter. Forum Financial Management LP boosted its position in Amphenol by 1.9% in the first quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock worth $438,000 after purchasing an additional 126 shares during the last quarter. Ironwood Investment Counsel LLC boosted its position in Amphenol by 2.9% in the first quarter. Ironwood Investment Counsel LLC now owns 4,676 shares of the electronics maker's stock worth $307,000 after purchasing an additional 132 shares during the last quarter. Arlington Trust Co LLC boosted its position in Amphenol by 8.5% in the second quarter. Arlington Trust Co LLC now owns 1,716 shares of the electronics maker's stock worth $169,000 after purchasing an additional 134 shares during the last quarter. Finally, FourThought Financial Partners LLC boosted its position in Amphenol by 4.1% in the first quarter. FourThought Financial Partners LLC now owns 3,525 shares of the electronics maker's stock worth $231,000 after purchasing an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

NYSE:APH opened at $123.27 on Thursday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $126.06. The firm has a market cap of $150.50 billion, a price-to-earnings ratio of 49.11, a PEG ratio of 2.01 and a beta of 1.15. The business's fifty day moving average is $111.13 and its 200 day moving average is $91.24.

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 (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 company had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same period in the previous year, the company posted $0.44 EPS. The firm's revenue for the quarter was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Research analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The firm also recently disclosed 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 payout ratio is presently 26.29%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Citigroup reaffirmed a "buy" rating and set a $145.00 price target (up previously from $125.00) on shares of Amphenol in a research report on Wednesday. KGI Securities assumed coverage on Amphenol in a research report on Thursday, June 26th. They set a "hold" rating on the stock. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Finally, UBS Group upped their price target on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Amphenol currently has an average rating of "Moderate Buy" and an average target price of $107.15.

Insider Activity at Amphenol

In related news, VP Lance E. D'amico sold 100,000 shares of the company'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 directly owned 76,400 shares in the company, valued at approximately $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total transaction of $12,304,570.00. 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 in the last ninety days. 1.67% of the stock is currently owned by company insiders.

Amphenol 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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