Charter Capital Management LLC DE Purchases New Position in Amphenol Corporation $APH

Key Points

• Charter Capital Management LLC DE has acquired a new stake in Amphenol Corporation, purchasing 10,009 shares valued at approximately $988,000, making it the 16th largest position in their investment portfolio.
• Amphenol's CFO Craig A. Lampo recently sold 199,848 shares worth over $22 million, significantly reducing his ownership by 61.39%.
• Analysts have raised their price targets for Amphenol, with JPMorgan and Robert W. Baird projecting targets of $125.00 and $127.00 respectively, while the stock maintains an average rating of "Moderate Buy."

Charter Capital Management LLC DE purchased a new stake in Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,009 shares of the electronics maker's stock, valued at approximately $988,000. Amphenol accounts for 0.6% of Charter Capital Management LLC DE's investment portfolio, making the stock its 16th largest position.

A number of other large investors have also recently modified their holdings of the company. Hughes Financial Services LLC purchased a new stake in Amphenol during the first quarter worth $25,000. Opal Wealth Advisors LLC purchased a new stake in Amphenol during the second quarter worth $25,000. Avalon Trust Co lifted its holdings in Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after buying an additional 232 shares during the period. N.E.W. Advisory Services LLC purchased a new stake in Amphenol during the first quarter worth $28,000. Finally, Saudi Central Bank purchased a new stake in Amphenol during the first quarter worth $31,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Insider Activity at Amphenol

In related news, CFO Craig A. Lampo sold 199,848 shares of the business's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the transaction, the chief financial officer directly owned 125,695 shares in the company, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction on Friday, August 8th. The shares were 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. In the last three months, insiders sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

APH has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their target price on Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Robert W. Baird upped their target price on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Bank of America upped their price target on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Truist Financial upped their price target on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Price Performance

NYSE APH opened at $125.59 on Wednesday. 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 stock's fifty day moving average price is $110.68 and its 200 day moving average price is $91.02. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $126.06. The company has a market cap of $153.34 billion, a price-to-earnings ratio of 50.04, a PEG ratio of 1.98 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last released its 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. The firm had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm's revenue was up 56.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders 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 yield of 0.5%. Amphenol's dividend payout ratio is currently 26.29%.

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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