DRW Securities LLC Trims Holdings in Amphenol Corporation $APH

Key Points

• DRW Securities LLC reduced its stake in Amphenol Corporation by 43.0%, selling 3,478 shares and owning a total of 4,613 shares valued at $303,000 according to the latest SEC filing.
• Amphenol's recent quarterly earnings showed a profit of $0.81 EPS, outperforming analyst expectations, with revenue of $5.65 billion, which was significantly higher than estimates of $5.01 billion.
• The company recently announced a quarterly dividend of $0.165 per share, with an annualized payout of $0.66 and a dividend yield of 0.6%.

DRW Securities LLC cut its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 43.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,613 shares of the electronics maker's stock after selling 3,478 shares during the quarter. DRW Securities LLC's holdings in Amphenol were worth $303,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in APH. Brighton Jones LLC grew its stake in shares of Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock valued at $1,224,000 after acquiring an additional 9,390 shares during the period. Revolve Wealth Partners LLC lifted its holdings in Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock worth $701,000 after purchasing an additional 4,721 shares in the last quarter. Bison Wealth LLC lifted its holdings in Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock worth $559,000 after purchasing an additional 618 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in Amphenol by 76.7% in the 4th quarter. Aptus Capital Advisors LLC now owns 16,905 shares of the electronics maker's stock worth $1,176,000 after purchasing an additional 7,339 shares in the last quarter. Finally, Ancora Advisors LLC lifted its holdings in Amphenol by 65.9% in the 4th quarter. Ancora Advisors LLC now owns 1,249 shares of the electronics maker's stock worth $87,000 after purchasing an additional 496 shares in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, CFO Craig A. Lampo sold 40,076 shares of the stock in a transaction 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 sale, the chief financial officer owned 39,884 shares in the company, valued at approximately $4,409,575.04. This represents a 50.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president owned 76,400 shares in the company, valued at $8,449,840. The trade was a 56.69% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on APH shares. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Evercore ISI boosted their price target on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. Bank of America boosted their price target on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. boosted their price target on Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Finally, KGI Securities began coverage on Amphenol in a report on Thursday, June 26th. They issued a "hold" rating on the stock. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Price Performance

Shares of APH traded down $2.24 during mid-day trading on Friday, hitting $110.51. 12,408,043 shares of the stock were exchanged, compared to its average volume of 6,470,245. The company has a market cap of $134.93 billion, a PE ratio of 44.03, a price-to-earnings-growth ratio of 1.81 and a beta of 1.15. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $113.69. The firm has a 50-day moving average of $105.61 and a two-hundred day moving average of $86.35. 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 (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (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 business had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. During the same period in the prior year, the firm earned $0.44 EPS. The company'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. On average, equities analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

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 issued 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 is presently 26.29%.

Amphenol Company 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.