Belpointe Asset Management LLC Acquires New Position in Amphenol Corporation $APH

Key Points

• Belpointe Asset Management LLC acquired 2,672 shares of Amphenol Corporation valued at approximately $264,000 in the second quarter, indicating growing institutional interest in the electronics maker.
• Amphenol reported a significant earnings surprise with a quarterly EPS of $0.81, exceeding analysts' expectations by $0.15, alongside a revenue increase of 56.5% year-over-year.
• An insider transaction revealed that CFO Craig A. Lampo sold 40,076 shares for over $4.4 million, reflecting notable movements among company executives.

Belpointe Asset Management LLC acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,672 shares of the electronics maker's stock, valued at approximately $264,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Aquire Wealth Advisors LLC bought a new stake in Amphenol during the 2nd quarter valued at about $284,000. Autumn Glory Partners LLC bought a new stake in Amphenol during the 2nd quarter valued at about $253,000. Valeo Financial Advisors LLC lifted its holdings in Amphenol by 7.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 9,405 shares of the electronics maker's stock valued at $929,000 after buying an additional 625 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in Amphenol by 14.2% during the 2nd quarter. DAVENPORT & Co LLC now owns 68,379 shares of the electronics maker's stock valued at $6,731,000 after buying an additional 8,494 shares in the last quarter. Finally, Grimes & Company Inc. bought a new stake in Amphenol during the 2nd quarter valued at about $228,000. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Down 3.7%

Shares of Amphenol stock opened at $121.64 on Friday. The firm's 50 day moving average price is $115.78 and its 200-day moving average price is $96.29. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $127.50. The company has a market cap of $148.51 billion, a P/E ratio of 48.46, a PEG ratio of 1.95 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. The firm had revenue of $5.65 billion for 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 company's quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, sell-side analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

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

Insider Activity at Amphenol

In other Amphenol news, CFO Craig A. Lampo sold 40,076 shares of the business's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the sale, the chief financial officer owned 39,884 shares of the company's stock, valued at approximately $4,409,575.04. The trade was a 50.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider William J. Doherty sold 113,000 shares of the business's stock in a transaction that occurred on 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. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 in the last quarter. 1.67% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

APH has been the topic of a number of research reports. Truist Financial raised their target price on shares of Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. UBS Group set a $120.00 target price on shares of Amphenol in a research report on Tuesday. Weiss Ratings reissued a "buy (b)" rating on shares of Amphenol in a research report on Wednesday. Finally, The Goldman Sachs Group set a $139.00 target price on shares of Amphenol and gave the company a "buy" rating in a research report on Monday, September 29th. Nine analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $114.43.

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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