First Long Island Investors LLC Raises Stock Holdings in Amphenol Corporation $APH

Key Points

• First Long Island Investors LLC significantly increased its holdings in Amphenol Corporation by 4,120.7% during the first quarter, now owning approximately 250,960 shares valued at $16.46 million.
• Insider transactions included the sale of 113,000 shares by insider William J. Doherty and 100,000 shares by VP Lance E. D'amico, indicating a substantial decrease in insider positions.
• Amphenol declared a quarterly dividend of $0.165 per share, with an annualized yield of 0.6%, reflecting a payout ratio of 26.29%.

First Long Island Investors LLC lifted its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 4,120.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 250,960 shares of the electronics maker's stock after buying an additional 245,014 shares during the quarter. First Long Island Investors LLC's holdings in Amphenol were worth $16,460,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Hughes Financial Services LLC purchased a new position in Amphenol during the 1st quarter worth $25,000. Avalon Trust Co increased its holdings in Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after purchasing an additional 232 shares during the period. N.E.W. Advisory Services LLC purchased a new position in Amphenol during the 1st quarter worth $28,000. Saudi Central Bank purchased a new position in Amphenol during the 1st quarter worth $31,000. Finally, Ransom Advisory Ltd purchased a new position in Amphenol during the 1st quarter worth $33,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total transaction of $12,462,770.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Lance E. D'amico sold 100,000 shares of Amphenol 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 sale, the vice president directly owned 76,400 shares of the company's stock, valued at approximately $8,449,840. This represents a 56.69% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by insiders.

Amphenol Stock Up 0.4%

Amphenol stock opened at $119.62 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The stock has a market capitalization of $146.05 billion, a price-to-earnings ratio of 47.66, a PEG ratio of 1.91 and a beta of 1.15. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $120.80. The business has a fifty day moving average price of $107.06 and a 200-day moving average price of $87.68.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The business's quarterly revenue was up 56.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities research analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. Amphenol's payout ratio is currently 26.29%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Truist Financial raised their price objective on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. UBS Group lifted 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. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a report on Friday, July 11th. Industrial Alliance Securities set a $115.00 price target on Amphenol in a report on Friday, July 11th. Finally, KGI Securities assumed coverage on Amphenol in a report on Thursday, June 26th. They issued a "hold" rating on the stock. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Amphenol presently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

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.

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