Eads & Heald Wealth Management Cuts Stake in Amphenol Corporation $APH

Key Points

• Eads & Heald Wealth Management reduced its stake in Amphenol Corporation by 12.3%, resulting in ownership of 35,164 shares valued at approximately $3.47 million.
• Amphenol reported strong financial results with $0.81 EPS, surpassing analysts' estimates, and a quarterly revenue of $5.65 billion, up 56.5% year-over-year.
• The company declared a quarterly dividend of $0.165 per share, set to be paid on October 8th, representing an annualized yield of 0.5% and a payout ratio of 26.29%.

Eads & Heald Wealth Management decreased its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 12.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,164 shares of the electronics maker's stock after selling 4,909 shares during the period. Amphenol makes up 1.7% of Eads & Heald Wealth Management's investment portfolio, making the stock its 6th largest holding. Eads & Heald Wealth Management's holdings in Amphenol were worth $3,472,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of APH. Vanguard Group Inc. boosted its stake in Amphenol by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after purchasing an additional 2,870,933 shares during the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Amphenol by 196.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after acquiring an additional 11,092,282 shares in the last quarter. Wellington Management Group LLP lifted its position in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after purchasing an additional 5,154,860 shares during the last quarter. Invesco Ltd. lifted its position in Amphenol by 1.6% in the first quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock worth $603,362,000 after buying an additional 141,069 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Amphenol by 639.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock worth $574,500,000 after acquiring an additional 7,573,750 shares during the last quarter. Institutional investors own 97.01% of the company's stock.

Amphenol Price Performance

Shares of APH opened at $122.28 on Monday. 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 Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $126.06. The company has a market cap of $149.29 billion, a P/E ratio of 48.72, a PEG ratio of 1.96 and a beta of 1.17. The firm's 50 day moving average price is $113.91 and its 200 day moving average price is $94.53.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The firm had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. Amphenol's quarterly revenue was up 56.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on APH shares. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. KGI Securities assumed coverage on shares of Amphenol in a research note on Thursday, June 26th. They set a "hold" rating on the stock. Evercore ISI increased their price objective on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 18th. Robert W. Baird lifted their target price on Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $110.00.

Insider Buying and Selling

In other Amphenol news, CFO Craig A. Lampo sold 199,848 shares of the business's stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the transaction, the chief financial officer directly owned 125,695 shares of the company's stock, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction dated 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 of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 665,924 shares of company stock valued at $73,369,357. Company 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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