Empowered Funds LLC Grows Stock Position in Amphenol Corporation $APH

Key Points

• Empowered Funds LLC increased its stake in Amphenol Corporation by 102.8%, owning a total of 234,966 shares valued at $15,411,000 after acquiring an additional 119,126 shares.
• A total of 97.01% of Amphenol's stock is owned by institutional investors, with several firms, including Hughes Financial Services LLC and Avalon Trust Co, recently increasing their positions.
• Analysts have raised their price targets for Amphenol, with estimates ranging from $105.00 to $125.00, and the stock currently has a consensus rating of "Moderate Buy".

Empowered Funds LLC grew its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 102.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,966 shares of the electronics maker's stock after purchasing an additional 119,126 shares during the period. Empowered Funds LLC's holdings in Amphenol were worth $15,411,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in APH. Hughes Financial Services LLC purchased a new stake in shares of Amphenol in the 1st quarter valued at about $25,000. Avalon Trust Co grew its position in Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after acquiring an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new stake in Amphenol in the first quarter worth approximately $28,000. Saudi Central Bank purchased a new position in Amphenol in the 1st quarter worth $31,000. Finally, SouthState Corp bought a new position in Amphenol during the 1st quarter worth approximately $36,000. Institutional investors own 97.01% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on APH. 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 research report on Thursday, July 24th. UBS Group boosted their price target on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Bank of America increased their price objective on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. Finally, The Goldman Sachs Group reissued a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Amphenol presently has an average rating of "Moderate Buy" and an average target price of $105.62.

Amphenol Stock Down 0.6%

Shares of Amphenol stock traded down $0.76 during midday trading on Friday, hitting $118.71. The company had a trading volume of 6,358,068 shares, compared to its average volume of 8,477,077. The company has a 50 day moving average of $107.06 and a 200 day moving average of $87.68. The stock has a market capitalization of $144.94 billion, a P/E ratio of 47.30, a P/E/G ratio of 1.91 and a beta of 1.15. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $120.80. 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 announced 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 company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter last year, the firm earned $0.44 earnings per share. The firm's quarterly revenue was up 56.5% compared to the same quarter last year. 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 fiscal year.

Amphenol Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Insider Buying and Selling

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of the company'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 value of $11,060,000.00. Following the completion of the transaction, the vice president directly owned 76,400 shares in the company, valued at $8,449,840. This represents a 56.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the sale, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company's stock.

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.