Bfsg LLC Lowers Stock Holdings in Amphenol Corporation $APH

Key Points

• Bfsg LLC has reduced its holdings in Amphenol Corporation by 4.9%, now owning 93,142 shares valued at approximately $9.2 million, making it the firm's 22nd largest position.
• Research firms have issued positive ratings for Amphenol, with price targets raised by several analysts, notably to $126.00 by Truist Financial and $125.00 by Citigroup.
• Amphenol recently reported strong earnings, with a 56.5% year-over-year revenue increase and an earnings per share of $0.81, surpassing analysts' estimates.

Bfsg LLC trimmed its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 4.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,142 shares of the electronics maker's stock after selling 4,844 shares during the quarter. Amphenol accounts for approximately 1.0% of Bfsg LLC's investment portfolio, making the stock its 22nd biggest position. Bfsg LLC's holdings in Amphenol were worth $9,198,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in Amphenol during the 2nd quarter valued at about $25,000. Hughes Financial Services LLC purchased a new position in Amphenol during the 1st quarter valued at about $25,000. Avalon Trust Co boosted its holdings in Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after acquiring an additional 232 shares during the period. N.E.W. Advisory Services LLC purchased a new position in Amphenol during the 1st quarter valued at about $28,000. Finally, Saudi Central Bank purchased a new position in Amphenol during the 1st quarter valued at about $31,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on APH. Truist Financial increased their price target on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Citigroup increased their price target on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Evercore ISI increased their price target on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 18th. Finally, Bank of America increased their price target on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $105.62.

Amphenol Price Performance

Shares of NYSE APH opened at $123.80 on Tuesday. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $124.39. The stock has a 50 day moving average of $110.15 and a two-hundred day moving average of $90.78. The stock has a market cap of $151.15 billion, a P/E ratio of 49.32, a P/E/G ratio of 1.99 and a beta of 1.15.

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 for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The company had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm's revenue for the quarter was up 56.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Amphenol's payout ratio is presently 26.29%.

Insider Buying and Selling

In other news, insider William J. Doherty sold 113,000 shares of the business'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 value of $12,304,570.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the transaction, the vice president directly owned 12,500 shares in the company, 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. In the last ninety days, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is currently owned by company insiders.

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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