Czech National Bank Buys 17,503 Shares of Amphenol Corporation $APH

Key Points

• The Czech National Bank increased its stake in Amphenol Corporation by 6.3%, adding 17,503 shares to reach a total of 295,669 shares valued at approximately $29.2 million.
• Wall Street analysts are optimistic about Amphenol, with several firms raising their price targets; Citigroup increased theirs from $115 to $125, maintaining a "buy" rating.
• Amphenol recently declared a quarterly dividend of $0.165 per share, representing an annualized yield of 0.6%, set to be paid on October 8th to investors of record.

Czech National Bank increased its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 6.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 295,669 shares of the electronics maker's stock after buying an additional 17,503 shares during the quarter. Czech National Bank's holdings in Amphenol were worth $29,197,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Hughes Financial Services LLC bought a new stake in Amphenol during the first quarter worth $25,000. Avalon Trust Co grew its stake in Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 232 shares during the period. N.E.W. Advisory Services LLC bought a new position in Amphenol in the 1st quarter valued at $28,000. Saudi Central Bank bought a new position in Amphenol in the 1st quarter valued at $31,000. Finally, Ransom Advisory Ltd bought a new position in Amphenol in the 1st quarter valued at $33,000. Institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Citigroup upped their price objective on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Truist Financial upped their price objective on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. UBS Group increased their price target on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Bank of America increased their price target on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. Finally, KGI Securities initiated coverage on Amphenol in a research note on Thursday, June 26th. They set a "hold" rating for the company. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Stock Performance

NYSE:APH opened at $119.40 on Tuesday. The business's 50-day moving average price is $107.86 and its two-hundred day moving average price is $88.73. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $120.80. The stock has a market cap of $145.78 billion, a P/E ratio of 47.57, a PEG ratio of 1.90 and a beta of 1.15. 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 released its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share 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 analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company's revenue was up 56.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.44 EPS. 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 business 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 yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

Insider Buying and Selling

In related news, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction that occurred on 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 have sold 665,924 shares of company stock valued at $73,369,357 in the last 90 days. 1.67% of the stock is owned by insiders.

About Amphenol

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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