Canada Pension Plan Investment Board Has $83.07 Million Stock Holdings in Amphenol Corporation $APH

Key Points

• The Canada Pension Plan Investment Board increased its holdings in Amphenol Corporation by 181.7%, acquiring 816,884 shares to own a total of 1,266,534 shares valued at approximately $83 million.
• Several analysts have raised their price targets for Amphenol, with recommendations including a "buy" rating and a consensus price target of $105.62.
• Amphenol recently declared a quarterly dividend of $0.165 per share, reflecting a yield of 0.6% and a dividend payout ratio of 26.29%.

Canada Pension Plan Investment Board grew its position in Amphenol Corporation (NYSE:APH - Free Report) by 181.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,266,534 shares of the electronics maker's stock after buying an additional 816,884 shares during the period. Canada Pension Plan Investment Board owned 0.10% of Amphenol worth $83,072,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in APH. Brighton Jones LLC increased its stake in shares of Amphenol by 114.0% in the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after buying an additional 9,390 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after buying an additional 4,721 shares during the period. Bison Wealth LLC increased its stake in shares of Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after buying an additional 618 shares during the period. Meiji Yasuda Life Insurance Co acquired a new stake in shares of Amphenol in the 4th quarter valued at $329,000. Finally, AXA S.A. grew its stake in shares of Amphenol by 114.8% during the fourth quarter. AXA S.A. now owns 512,300 shares of the electronics maker's stock worth $35,579,000 after purchasing an additional 273,783 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Amphenol

In other news, VP Lance E. D'amico sold 100,000 shares of the company's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the transaction, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock valued at $73,369,357 over the last three months. 1.67% of the stock is currently owned by corporate insiders.

Amphenol Trading Up 0.4%

NYSE:APH traded up $0.39 on Tuesday, reaching $109.25. The company's stock had a trading volume of 6,986,240 shares, compared to its average volume of 8,368,379. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $112.35. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The firm has a market cap of $133.39 billion, a PE ratio of 43.53, a PEG ratio of 1.75 and a beta of 1.15. The business's 50-day moving average price is $104.51 and its two-hundred day moving average price is $85.43.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share 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 analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.Amphenol's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities research analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages recently commented on APH. UBS Group lifted their price objective on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of 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 research note on Tuesday, August 19th. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Finally, KGI Securities began coverage on Amphenol in a research note on Thursday, June 26th. They set a "hold" rating for the company. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target 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.