Amphenol Corporation $APH Shares Bought by Dimensional Fund Advisors LP

Key Points

• Dimensional Fund Advisors LP increased its stake in Amphenol Corporation by 2.0%, owning 3,697,489 shares valued at approximately $242.51 million as of the latest SEC filing.
• The stock has received multiple price upgrades, with Truist Financial raising its target price to $126.00 and Bank of America increasing their target to $120.00, reflecting strong analyst confidence.
• Amphenol recently declared a quarterly dividend of $0.165 per share, with a payout ratio of 26.29%, indicating a strategy to provide returns to investors amidst robust earnings performance.

Dimensional Fund Advisors LP raised its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,697,489 shares of the electronics maker's stock after buying an additional 72,280 shares during the quarter. Dimensional Fund Advisors LP owned about 0.31% of Amphenol worth $242,509,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of APH. Hughes Financial Services LLC bought a new stake in Amphenol in the first quarter worth $25,000. Avalon Trust Co increased its holdings in shares of Amphenol by 133.3% in the 1st 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 last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Amphenol during the 1st quarter valued at about $28,000. SouthState Corp bought a new position in shares of Amphenol in the 1st quarter valued at about $36,000. Finally, Global X Japan Co. Ltd. purchased a new position in Amphenol in the first quarter worth about $44,000. 97.01% of the stock is owned by hedge funds and other institutional investors.

Amphenol Trading Up 0.4%

Amphenol stock traded up $0.4330 during trading hours on Friday, hitting $109.2430. The company had a trading volume of 4,594,776 shares, compared to its average volume of 8,430,947. 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 $133.38 billion, a P/E ratio of 43.51, a P/E/G ratio of 1.74 and a beta of 1.13. The company has a 50-day moving average price of $102.20 and a two-hundred day moving average price of $83.28. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $112.35.

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 for the quarter, beating the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the previous year, the firm posted $0.44 earnings per share. The company's revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, sell-side analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be paid 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 is Tuesday, September 16th. Amphenol's payout ratio is 26.29%.

Insiders Place Their Bets

In other news, VP Michael R. Ivas sold 40,000 shares of the company's stock in a transaction dated Thursday, May 29th. The shares were sold at an average price of $88.79, for a total transaction of $3,551,600.00. Following the transaction, the vice president owned 152,412 shares in the company, valued at $13,532,661.48. This represents a 20.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of Amphenol 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 completion of the sale, the vice president owned 76,400 shares of the company's stock, valued at $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 912,000 shares of company stock valued at $88,763,320. 1.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

APH has been the topic of a number of recent research reports. Bank of America upped their price objective on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. US Capital Advisors set a $85.00 price objective on shares of Amphenol in a research report on Thursday, April 24th. Robert W. Baird lifted their price target on shares of Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research note on Tuesday. Finally, Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research report on Friday, July 11th. 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, the company presently has an average rating of "Moderate Buy" and a consensus target price of $105.62.

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.