Greenwood Capital Associates LLC Cuts Holdings in Amphenol Corporation $APH

Key Points

• Greenwood Capital Associates LLC reduced its stake in Amphenol Corporation by 2.5% during the 2nd quarter, now holding 102,770 shares, valued at approximately $10.15 million.
• Amphenol's stock has performed well, reporting earnings per share of $0.81, exceeding analysts' estimates, and a year-over-year revenue increase of 56.5% to $5.65 billion.
• The company's recent quarterly dividend of $0.165 per share is set to be paid on October 8th, with a dividend yield of 0.5% reflecting a payout ratio of 26.29%.

Greenwood Capital Associates LLC decreased its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,770 shares of the electronics maker's stock after selling 2,635 shares during the quarter. Amphenol makes up 1.3% of Greenwood Capital Associates LLC's investment portfolio, making the stock its 16th biggest holding. Greenwood Capital Associates LLC's holdings in Amphenol were worth $10,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of APH. EWA LLC raised its position in shares of Amphenol by 2.3% during the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker's stock worth $514,000 after acquiring an additional 115 shares in the last quarter. Mather Group LLC. raised its position in shares of Amphenol by 0.5% during the 2nd quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker's stock worth $2,261,000 after acquiring an additional 118 shares in the last quarter. Independent Advisor Alliance raised its position in shares of Amphenol by 1.7% during the 1st quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock worth $471,000 after acquiring an additional 122 shares in the last quarter. Traveka Wealth LLC raised its position in shares of Amphenol by 3.9% during the 2nd quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker's stock worth $324,000 after acquiring an additional 123 shares in the last quarter. Finally, Forum Financial Management LP raised its position in shares of Amphenol by 1.9% during the 1st quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock worth $438,000 after acquiring an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Down 0.8%

Amphenol stock opened at $123.65 on Friday. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $126.06. The stock has a 50 day moving average of $113.57 and a two-hundred day moving average of $93.74. 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 $150.97 billion, a price-to-earnings ratio of 49.26, a PEG ratio of 2.00 and a beta of 1.17.

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. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The company had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. During the same period last year, the firm earned $0.44 EPS. The firm's revenue for the quarter 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 year.

Amphenol Dividend Announcement

The business also recently disclosed 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. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

Insiders Place Their Bets

In related news, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 25th. The stock was sold at an average price of $110.42, for a total value of $11,042,000.00. Following the sale, the vice president directly owned 12,500 shares in the company, valued at $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the completion of the sale, the vice president owned 76,400 shares in the company, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock valued at $73,369,357 over the last 90 days. 1.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on APH shares. The Goldman Sachs Group set a $139.00 target price on Amphenol and gave the stock a "buy" rating in a research report on Monday. UBS Group raised their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Bank of America raised their target price on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 5th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Finally, KGI Securities initiated coverage on Amphenol in a research note 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 issued a Hold rating to the stock. Based on data from MarketBeat, Amphenol currently has a consensus rating of "Moderate Buy" and an average target price of $110.00.

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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