Farmers & Merchants Investments Inc. Sells 11,943 Shares of Amphenol Corporation $APH

Key Points

• Farmers & Merchants Investments Inc. sold 11,943 shares of Amphenol Corporation, reducing its holdings by 3.0% to 380,088 shares, which are valued at approximately $37.5 million.
• Amphenol's recent quarterly earnings exceeded expectations with an EPS of $0.81 and revenue of $5.65 billion, marking a 56.5% year-over-year increase.
• Analysts maintain a consensus rating of "Moderate Buy" for Amphenol, with price targets ranging from $105.62 to $125.00 following several upgrades in recent weeks.

Farmers & Merchants Investments Inc. reduced its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 3.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 380,088 shares of the electronics maker's stock after selling 11,943 shares during the quarter. Amphenol comprises 1.1% of Farmers & Merchants Investments Inc.'s holdings, making the stock its 16th biggest position. Farmers & Merchants Investments Inc.'s holdings in Amphenol were worth $37,534,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in APH. Brighton Jones LLC raised its holdings in Amphenol by 114.0% during the 4th quarter. Brighton Jones LLC now owns 17,624 shares of the electronics maker's stock worth $1,224,000 after purchasing an additional 9,390 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Amphenol by 87.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 10,094 shares of the electronics maker's stock valued at $701,000 after acquiring an additional 4,721 shares during the last quarter. Bison Wealth LLC increased its stake in shares of Amphenol by 8.3% in the 4th quarter. Bison Wealth LLC now owns 8,042 shares of the electronics maker's stock valued at $559,000 after acquiring an additional 618 shares during the last quarter. Waverly Advisors LLC bought a new stake in shares of Amphenol in the 4th quarter valued at about $291,000. Finally, Vise Technologies Inc. increased its stake in shares of Amphenol by 77.7% in the 4th quarter. Vise Technologies Inc. now owns 7,576 shares of the electronics maker's stock valued at $526,000 after acquiring an additional 3,312 shares during the last quarter. 97.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on APH shares. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Citigroup boosted their price objective on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. UBS Group boosted their price objective on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Finally, Bank of America boosted 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. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Stock Up 1.7%

APH opened at $124.20 on Monday. The company has a market capitalization of $151.64 billion, a P/E ratio of 49.48, a P/E/G ratio of 1.99 and a beta of 1.15. The stock has a fifty day moving average of $109.68 and a 200-day moving average of $90.35. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $124.39. 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 posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.Amphenol's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

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 paid a $0.165 dividend. 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 payout ratio is 26.29%.

Insider Buying and Selling

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

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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