Forte Capital LLC ADV Makes New $270,000 Investment in Amphenol Corporation $APH

Key Points

• Forte Capital LLC ADV has made a new investment in Amphenol Corporation, purchasing 2,732 shares valued at approximately $270,000.
• Amphenol's stock saw several analyst upgrades, with target prices increasing from $110 to $127, indicating strong market confidence.
• The company reported a significant year-over-year revenue growth of 56.5% and earnings per share that exceeded analyst expectations, with a quarterly EPS of $0.81.

Forte Capital LLC ADV bought a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,732 shares of the electronics maker's stock, valued at approximately $270,000.

A number of other institutional investors also recently bought and sold shares of the stock. Opal Wealth Advisors LLC purchased a new stake in Amphenol in the second quarter worth about $25,000. Hughes Financial Services LLC bought a new position in shares of Amphenol in the 1st quarter worth approximately $25,000. Avalon Trust Co lifted its stake in shares of Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 232 shares during the period. N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol during the first quarter valued at approximately $28,000. Finally, Saudi Central Bank purchased a new stake in Amphenol in the first quarter worth $31,000. 97.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on APH shares. Robert W. Baird boosted their target price on shares of Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a report on Tuesday, August 19th. Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a report on Friday, July 11th. Citigroup lifted their target price on shares of Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Truist Financial lifted their price objective on Amphenol from $102.00 to $126.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, Bank of America boosted their target price on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a 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. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $105.62.

Insider Activity at Amphenol

In related news, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction that occurred on 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the sale, the vice president directly owned 76,400 shares of the company's stock, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 in the last three months. 1.67% of the stock is currently owned by company insiders.

Amphenol Stock Up 1.5%

Amphenol stock opened at $125.59 on Wednesday. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $126.06. The stock has a fifty day simple moving average of $110.68 and a two-hundred day simple moving average of $91.02. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The firm has a market cap of $153.34 billion, a price-to-earnings ratio of 50.04, a PEG ratio of 1.98 and a beta of 1.15.

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 (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the prior year, the company posted $0.44 earnings per share. The company's quarterly revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts predict that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

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

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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