Beck Bode LLC Purchases Shares of 9,334 Amphenol Corporation $APH

Key Points

• Beck Bode LLC acquired 9,334 shares of Amphenol Corporation, valued at approximately $612,000, marking its new stake in the company for the first quarter.
• Institutional investors own 97.01% of Amphenol's stock, with significant holdings and increased positions reported by firms like Bank of America and T. Rowe Price.
• Amphenol reported an impressive 56.5% year-over-year revenue increase for the quarter, achieving $5.65 billion in revenue and surpassing analysts' estimates.

Beck Bode LLC acquired a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 9,334 shares of the electronics maker's stock, valued at approximately $612,000.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its position in 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 buying an additional 2,870,933 shares during the period. Bank of America Corp DE lifted its position in Amphenol by 294.0% during the fourth quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker's stock worth $1,733,027,000 after buying an additional 18,619,417 shares during the period. T. Rowe Price Investment Management Inc. lifted its position in 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 buying an additional 11,092,282 shares during the period. Wellington Management Group LLP lifted its position in 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 buying an additional 5,154,860 shares during the period. Finally, Invesco Ltd. lifted its position in 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 buying an additional 141,069 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Buying and Selling at Amphenol

In other news, VP Lance E. D'amico sold 100,000 shares of the business's stock in a transaction dated 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 sale, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 665,924 shares of company stock valued at $73,369,357. Corporate insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on APH shares. Industrial Alliance Securities set a $115.00 price target on Amphenol in a research note on Friday, July 11th. Robert W. Baird lifted their price objective on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Citigroup lifted their price objective on Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a report on Friday, July 11th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $105.62.

Amphenol Stock Down 0.9%

Shares of APH traded down $1.02 on Tuesday, hitting $107.84. 2,673,465 shares of the stock traded hands, compared to its average volume of 8,341,010. 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 one year low of $56.45 and a one year high of $112.35. The company has a market capitalization of $131.67 billion, a PE ratio of 42.97, a P/E/G ratio of 1.75 and a beta of 1.15. The business has a 50 day simple moving average of $104.51 and a 200 day simple moving average of $85.43.

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

Amphenol Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.6%. Amphenol's payout ratio is 26.29%.

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.