Essex Savings Bank Makes New Investment in Amphenol Corporation $APH

Key Points

• Essex Savings Bank has acquired a new stake in Amphenol Corporation, purchasing 2,488 shares valued at approximately $246,000.
• Recent analysts' ratings for Amphenol have generally been positive, with price targets raised by firms such as JPMorgan and Bank of America, suggesting strong investor confidence.
• Amphenol reported impressive quarterly earnings, with earnings per share (EPS) of $0.81, exceeding expectations and reflecting a year-over-year revenue increase of 56.5%.

Essex Savings Bank acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,488 shares of the electronics maker's stock, valued at approximately $246,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Amphenol by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Amphenol by 196.3% in 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 purchasing an additional 11,092,282 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Amphenol by 73.5% in 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 buying an additional 5,154,860 shares during the period. Invesco Ltd. increased its position in Amphenol by 1.6% during the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock valued at $603,362,000 after purchasing an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings 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 buying an additional 7,573,750 shares in the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Amphenol Trading Up 1.7%

Shares of NYSE:APH traded up $2.13 during midday trading on Friday, reaching $124.20. The company's stock had a trading volume of 15,836,325 shares, compared to its average volume of 8,833,182. The business has a 50 day moving average price of $109.68 and a 200 day moving average price of $90.35. The firm has a market cap of $151.64 billion, a price-to-earnings ratio of 49.48, a price-to-earnings-growth ratio of 1.99 and a beta of 1.15. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $124.39. 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 earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the prior year, the firm posted $0.44 earnings per share. The firm's revenue for the quarter was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The company 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. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a yield of 0.5%. Amphenol's payout ratio is 26.29%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Wall Street Zen lowered Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Robert W. Baird raised their price target on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. KGI Securities assumed coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Finally, Citigroup raised their price objective on shares of Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Amphenol currently has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

Insider Buying and Selling at Amphenol

In other news, CFO Craig A. Lampo sold 40,076 shares of Amphenol stock in a transaction that occurred on Monday, August 25th. The shares were 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 $4,409,575.04. This trade represents a 50.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the sale, the vice president directly owned 76,400 shares of the company's stock, valued at approximately $8,449,840. The trade was 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 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is currently owned by company insiders.

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.