Golden State Equity Partners Makes New Investment in Amphenol Corporation $APH

Key Points

• Golden State Equity Partners has acquired a new position in Amphenol Corporation, purchasing 2,582 shares valued at approximately $255,000.
• Amphenol reported a 56.5% increase in quarterly revenue compared to the same period last year, with earnings per share (EPS) of $0.81, surpassing analysts’ expectations.
• The company recently announced a quarterly dividend of $0.165 per share, yielding 0.5%, with the dividend payout ratio standing at 26.29%.

Golden State Equity Partners bought a new position 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 & Exchange Commission. The fund bought 2,582 shares of the electronics maker's stock, valued at approximately $255,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hughes Financial Services LLC bought a new stake in shares of Amphenol during the first quarter worth $25,000. Avalon Trust Co grew its stake in shares of Amphenol by 133.3% in the first 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 last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol in the first quarter worth $28,000. Saudi Central Bank bought a new stake in shares of Amphenol in the first quarter worth $31,000. Finally, Ransom Advisory Ltd bought a new stake in shares of Amphenol in the first quarter worth $33,000. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of APH opened at $125.59 on Wednesday. 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 stock has a market capitalization of $153.34 billion, a P/E ratio of 50.04, a price-to-earnings-growth ratio of 1.98 and a beta of 1.15. The firm's fifty day simple moving average is $110.68 and its two-hundred day simple moving average is $91.02. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $126.06.

Amphenol (NYSE:APH - Get Free Report) last issued 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 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 business's quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, analysts predict that Amphenol Corporation will post 2.36 EPS for the current 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 given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's dividend payout ratio is 26.29%.

Analysts Set New Price Targets

Several analysts recently weighed in on APH shares. Industrial Alliance Securities set a $115.00 price objective on shares of Amphenol in a research note on Friday, July 11th. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Truist Financial boosted their price objective on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Evercore ISI boosted their price objective on shares of Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 18th. Finally, KGI Securities initiated coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating on the stock. Eight 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.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $105.62.

Insider Buying and Selling at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $108.89, for a total value of $12,304,570.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the completion of the sale, the chief financial officer owned 125,695 shares of the company's stock, valued at approximately $13,880,498.85. This trade represents a 61.39% decrease in their position. 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 owned by insiders.

About Amphenol

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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