Caitlin John LLC Sells 20,963 Shares of Amphenol Corporation $APH

Key Points

• Caitlin John LLC reduced its holdings in Amphenol Corporation by 53.9%, selling over 20,000 shares, and now holds approximately 1.2% of its investment portfolio in the company.
• Several large investors have increased their stakes in Amphenol, with Bank of America Corp DE raising its position by 294%, indicating strong institutional interest in the stock.
• Analysts have set a consensus rating of "Moderate Buy" for Amphenol, with a recent average price target of $105.62, reflecting positive market outlook.

Caitlin John LLC decreased its position in Amphenol Corporation (NYSE:APH - Free Report) by 53.9% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 17,949 shares of the electronics maker's stock after selling 20,963 shares during the period. Amphenol comprises about 1.2% of Caitlin John LLC's investment portfolio, making the stock its 17th biggest holding. Caitlin John LLC's holdings in Amphenol were worth $1,177,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in shares of 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 valued at $1,733,027,000 after buying an additional 18,619,417 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its position in Amphenol by 196.3% during the 1st 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 acquiring an additional 11,092,282 shares during the period. Nuveen LLC acquired a new position in shares of Amphenol in the 1st quarter valued at about $476,842,000. Wellington Management Group LLP lifted its position in shares of Amphenol by 73.5% in the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after purchasing an additional 5,154,860 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of Amphenol by 118.4% during the fourth quarter. Janus Henderson Group PLC now owns 7,256,290 shares of the electronics maker's stock worth $503,975,000 after purchasing an additional 3,933,269 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Amphenol Stock Performance

Shares of Amphenol stock traded up $0.35 during midday trading on Wednesday, hitting $110.25. The company had a trading volume of 4,402,381 shares, compared to its average volume of 8,410,132. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $112.35. The business's 50 day simple moving average is $103.22 and its two-hundred day simple moving average is $84.21. The stock has a market cap of $134.60 billion, a PE ratio of 43.92, a P/E/G ratio of 1.76 and a beta of 1.13. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm had revenue of $5.65 billion for the quarter, compared to analyst estimates of $5.01 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The business's revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts predict that Amphenol Corporation will post 2.36 EPS 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 given 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 dividend payout ratio (DPR) is 26.29%.

Insider Transactions at Amphenol

In related news, insider Luc Walter sold 286,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $91.43, for a total transaction of $26,148,980.00. Following the completion of the sale, the insider directly owned 451,790 shares of the company's stock, valued at $41,307,159.70. This trade represents a 38.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 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. This represents a 88.89% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,211,848 shares of company stock valued at $121,874,535. 1.67% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Robert W. Baird increased their target price on shares of Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research note on Friday, July 11th. KGI Securities initiated coverage on Amphenol in a research report on Thursday, June 26th. They issued a "hold" rating on the stock. JPMorgan Chase & Co. lifted their price target on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Finally, Truist Financial raised their price objective 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. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $105.62.

Amphenol Company 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.