Generali Asset Management SPA SGR Acquires 8,085 Shares of Amphenol Corporation $APH

Key Points

• Generali Asset Management SPA SGR increased its holdings in Amphenol Corporation by 12.1%, acquiring an additional 8,085 shares during the 2nd quarter, bringing its total to 74,808 shares worth approximately $7.4 million.
• Several hedge funds have also made significant investments in Amphenol, with institutional investors now owning 97.01% of the company's stock.
• Amphenol recently reported a quarterly EPS of $0.81, surpassing estimates, and announced a dividend of $0.165 per share, reflecting a 0.5% dividend yield.

Generali Asset Management SPA SGR grew its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 12.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 74,808 shares of the electronics maker's stock after purchasing an additional 8,085 shares during the period. Generali Asset Management SPA SGR's holdings in Amphenol were worth $7,387,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Motive Wealth Advisors bought a new stake in Amphenol during the 2nd quarter valued at $215,000. LeConte Wealth Management LLC bought a new stake in shares of Amphenol during the 2nd quarter valued at $399,000. Perigon Wealth Management LLC raised its stake in shares of Amphenol by 29.4% during the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after purchasing an additional 3,964 shares during the period. City Center Advisors LLC bought a new stake in shares of Amphenol during the second quarter valued at about $482,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Amphenol by 25.5% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker's stock valued at $2,736,000 after buying an additional 5,630 shares during the period. Institutional investors own 97.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Truist Financial upped 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. KGI Securities began coverage on shares of Amphenol in a report on Thursday, June 26th. They issued a "hold" rating on the stock. The Goldman Sachs Group set a $139.00 price target on shares of Amphenol and gave the stock a "buy" rating in a report on Monday, September 29th. Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a research note on Wednesday, October 8th. Finally, Barclays initiated coverage on Amphenol in a research note on Wednesday, October 8th. They issued an "equal weight" rating and a $120.00 target price on the stock. Ten investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $116.57.

Insider Buying and Selling at Amphenol

In other news, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $108.89, for a total value of $12,304,570.00. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock worth $73,369,357 in the last quarter. 1.67% of the stock is currently owned by company insiders.

Amphenol Stock Up 2.6%

APH opened at $125.81 on Thursday. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The stock has a market cap of $153.60 billion, a PE ratio of 50.12, a P/E/G ratio of 1.97 and a beta of 1.17. The business's fifty day simple moving average is $116.71 and its 200 day simple moving average is $97.26. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $127.50.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $5.01 billion. During the same period in the prior year, the company earned $0.44 EPS. The company's revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, research analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

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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