Federation des caisses Desjardins du Quebec Buys 24,673 Shares of Amphenol Corporation $APH

Key Points

• Federation des caisses Desjardins du Quebec increased its holdings in Amphenol Corporation by 43.2%, acquiring 24,673 additional shares in the first quarter, bringing its total ownership to 81,781 shares valued at approximately $5.4 million.
• Amphenol's stock currently holds a Moderate Buy rating from analysts, with a consensus target price of $105.62 following recent upgrades from firms like Evercore ISI and JPMorgan Chase.
• The company announced a quarterly dividend of $0.165 per share, reflecting an annualized yield of 0.6%, with the dividend payout ratio currently at 26.29%.

Federation des caisses Desjardins du Quebec lifted its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 43.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,781 shares of the electronics maker's stock after acquiring an additional 24,673 shares during the period. Federation des caisses Desjardins du Quebec's holdings in Amphenol were worth $5,365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Perbak Capital Partners LLP bought a new stake in shares of Amphenol during the first quarter valued at approximately $278,000. EP Wealth Advisors LLC increased its position in shares of Amphenol by 4.1% during the first quarter. EP Wealth Advisors LLC now owns 13,947 shares of the electronics maker's stock valued at $915,000 after acquiring an additional 547 shares in the last quarter. PDT Partners LLC increased its position in shares of Amphenol by 245.3% during the first quarter. PDT Partners LLC now owns 49,719 shares of the electronics maker's stock valued at $3,261,000 after acquiring an additional 35,319 shares in the last quarter. First Manhattan CO. LLC. boosted its holdings in Amphenol by 766.2% in the first quarter. First Manhattan CO. LLC. now owns 186,518 shares of the electronics maker's stock worth $12,260,000 after purchasing an additional 164,986 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC purchased a new stake in Amphenol in the first quarter worth approximately $993,000. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of Amphenol stock traded up $3.25 on Wednesday, hitting $120.04. 7,205,038 shares of the company's stock were exchanged, compared to its average volume of 8,410,749. The company has a 50-day simple moving average of $106.23 and a 200-day simple moving average of $87.10. The stock has a market capitalization of $146.56 billion, a PE ratio of 47.81, a PEG ratio of 1.77 and a beta of 1.15. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $120.09. 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 results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion for 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%. The company's revenue was up 56.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Amphenol's payout ratio is 26.29%.

Insider Activity

In related news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the transaction, the vice president owned 12,500 shares in the company, 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 have sold a total of 665,924 shares of company stock worth $73,369,357 in the last quarter. Corporate insiders own 1.67% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on APH. Robert W. Baird raised their target price on shares of Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. UBS Group raised their target price on shares of Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a report on Friday, July 11th. JPMorgan Chase & Co. raised their target price on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Finally, Truist Financial raised their target price on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $105.62.

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.