Benson Investment Management Company Inc. Decreases Stake in Amphenol Corporation $APH

Key Points

• Benson Investment Management Company Inc. has reduced its stake in Amphenol Corporation by 25.3%, now owning 50,099 shares valued at approximately $4.95 million.
• Insiders of Amphenol have sold a significant amount of stock, with VP Lance E. D’amico selling 100,000 shares amounting to over $11 million, while another VP, David M. Silverman, sold an equal number of shares valued at roughly $11 million as well.
• Amphenol reported a 56.5% year-over-year increase in revenue, reaching $5.65 billion, and exceeded EPS estimates for the quarter by $0.15.

Benson Investment Management Company Inc. reduced its stake in Amphenol Corporation (NYSE:APH - Free Report) by 25.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,099 shares of the electronics maker's stock after selling 16,942 shares during the quarter. Benson Investment Management Company Inc.'s holdings in Amphenol were worth $4,947,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. EWA LLC raised its position in shares of Amphenol by 2.3% in the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker's stock valued at $514,000 after purchasing an additional 115 shares during the last quarter. Mather Group LLC. raised its position in Amphenol by 0.5% during the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker's stock worth $2,261,000 after buying an additional 118 shares during the last quarter. Independent Advisor Alliance raised its position in Amphenol by 1.7% during the 1st quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock worth $471,000 after buying an additional 122 shares during the last quarter. Traveka Wealth LLC raised its position in Amphenol by 3.9% during the 2nd quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker's stock worth $324,000 after buying an additional 123 shares during the last quarter. Finally, Forum Financial Management LP raised its position in Amphenol by 1.9% during the 1st quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock worth $438,000 after buying an additional 126 shares during the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Amphenol

In related news, 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 value of $11,060,000.00. Following the completion of the sale, the vice president owned 76,400 shares of the company's stock, valued at approximately $8,449,840. The trade was a 56.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares of the company's stock, valued at approximately $1,380,250. The trade was 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 quarter. 1.67% of the stock is owned by insiders.

Amphenol Price Performance

NYSE:APH opened at $121.64 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The firm has a market cap of $148.51 billion, a price-to-earnings ratio of 48.46, a price-to-earnings-growth ratio of 2.03 and a beta of 1.17. The company has a 50 day moving average price of $115.78 and a 200-day moving average price of $96.09. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $127.50.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. The company had revenue of $5.65 billion during the quarter, compared to analyst estimates 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% 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. Equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a $0.165 dividend. 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 presently 26.29%.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of recent research reports. Citigroup reissued a "buy" rating and set a $145.00 price target (up from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. JPMorgan Chase & Co. raised their price target 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. 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. Evercore ISI raised their price target on shares of Amphenol from $120.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday. Finally, UBS Group set a $120.00 price objective on shares of Amphenol in a research note on Tuesday. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently 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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