Chesley Taft & Associates LLC lessened its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 197,468 shares of the electronics maker's stock after selling 3,955 shares during the quarter. Chesley Taft & Associates LLC's holdings in Amphenol were worth $19,500,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in the business. Pallas Capital Advisors LLC boosted its holdings in Amphenol by 17.0% in the second quarter. Pallas Capital Advisors LLC now owns 29,979 shares of the electronics maker's stock worth $2,960,000 after acquiring an additional 4,363 shares in the last quarter. Baron Wealth Management LLC acquired a new stake in Amphenol in the second quarter worth about $297,000. Aaron Wealth Advisors LLC boosted its holdings in Amphenol by 25.1% in the second quarter. Aaron Wealth Advisors LLC now owns 6,908 shares of the electronics maker's stock worth $682,000 after acquiring an additional 1,384 shares in the last quarter. Balefire LLC acquired a new stake in Amphenol in the second quarter worth about $314,000. Finally, Inspirion Wealth Advisors LLC acquired a new stake in Amphenol in the second quarter worth about $276,000. Institutional investors and hedge funds own 97.01% of the company's stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on APH shares. UBS Group lifted their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. KGI Securities started coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating for the company. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. JPMorgan Chase & Co. lifted 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. Finally, Truist Financial lifted their target price on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.
Read Our Latest Analysis on APH
Amphenol Price Performance
Shares of APH traded up $2.13 during trading hours on Friday, hitting $124.20. 15,836,325 shares of the stock were exchanged, compared to its average volume of 8,418,983. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $124.39. The company has a market cap of $151.64 billion, a price-to-earnings ratio of 49.48, a price-to-earnings-growth ratio of 1.99 and a beta of 1.15. The stock's 50-day moving average price is $109.68 and its two-hundred day moving average price is $90.15.
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. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. During the same period in the previous year, the business earned $0.44 earnings per share. The firm'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. Research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.
Amphenol Announces Dividend
The company also recently declared 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. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's payout ratio is presently 26.29%.
Insider Transactions at Amphenol
In related news, CFO Craig A. Lampo sold 40,076 shares of the business's stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the completion of the sale, the chief financial officer directly owned 39,884 shares in the company, valued at approximately $4,409,575.04. The trade was a 50.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. This trade represents a 88.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock valued at $73,369,357 over the last ninety days. Company insiders own 1.67% of the company's stock.
Amphenol Company Profile
(
Free Report)
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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