Congress Asset Management Co. Has $28.50 Million Holdings in Amphenol Corporation $APH

Key Points

• Congress Asset Management Co. reduced its holdings in Amphenol Corporation by 5.9%, now owning 288,556 shares valued at approximately $28.5 million.
• Amphenol reported earnings of $0.81 per share, exceeding estimates, with revenue reaching $5.65 billion for the quarter, a 56.5% increase year-over-year.
• Amphenol announced a quarterly dividend of $0.165 per share, with a payout ratio of 26.29%, which is expected to yield 0.5% annually.

Congress Asset Management Co. trimmed its position in Amphenol Corporation (NYSE:APH - Free Report) by 5.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 288,556 shares of the electronics maker's stock after selling 18,209 shares during the quarter. Congress Asset Management Co.'s holdings in Amphenol were worth $28,495,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of APH. Brighton Jones LLC raised its stake in shares of Amphenol by 114.0% in the fourth quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after purchasing an additional 9,390 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Amphenol by 87.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC raised its stake in shares of Amphenol by 8.3% in the fourth quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after purchasing an additional 618 shares in the last quarter. Integrated Advisors Network LLC acquired a new position in shares of Amphenol in the fourth quarter valued at $209,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in Amphenol by 24.1% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 9,267 shares of the electronics maker's stock valued at $608,000 after acquiring an additional 1,797 shares during the period. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Price Performance

Amphenol stock opened at $122.60 on Friday. The business's 50-day simple moving average is $111.92 and its 200 day simple moving average is $92.08. The stock has a market cap of $149.68 billion, a price-to-earnings ratio of 48.84, a P/E/G ratio of 1.96 and a beta of 1.15. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $126.06. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH - Get Free Report) last posted 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. The business had revenue of $5.65 billion for 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 quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, research analysts anticipate 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. Shareholders of record on Tuesday, September 16th will be paid a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol's dividend payout ratio is presently 26.29%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Bank of America upped 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. UBS Group upped their price target on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Industrial Alliance Securities set a $115.00 price target on Amphenol in a research report on Friday, July 11th. Finally, Robert W. Baird increased 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. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Amphenol has an average rating of "Moderate Buy" and a consensus target price of $107.15.

Insider Buying and Selling

In other Amphenol news, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $110.43, for a total value of $22,069,214.64. Following the transaction, the chief financial officer owned 125,695 shares of the company's stock, valued at approximately $13,880,498.85. This represents a 61.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP David M. Silverman sold 100,000 shares of the stock in a transaction dated 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 $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company's stock.

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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