Groupe la Francaise Increases Position in Amphenol Corporation $APH

Key Points

• Groupe la Francaise increased its holdings in Amphenol Corporation by 14.1%, owning a total of 148,362 shares valued at $10.11 million after acquiring additional shares in the first quarter.
• Amphenol reported earnings of $0.81 per share, exceeding analysts' expectations, with revenue of $5.65 billion for the quarter, marking a 56.5% year-over-year increase.
• The company's quarterly dividend of $0.165 is set to be paid on October 8th, representing an annualized dividend yield of 0.6% and a payout ratio of 26.29%.

Groupe la Francaise boosted its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 14.1% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 148,362 shares of the electronics maker's stock after purchasing an additional 18,333 shares during the quarter. Groupe la Francaise's holdings in Amphenol were worth $10,114,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock worth $10,166,370,000 after buying an additional 2,870,933 shares in the last quarter. Bank of America Corp DE raised its holdings in Amphenol by 294.0% during the 4th quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker's stock worth $1,733,027,000 after purchasing an additional 18,619,417 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its position in shares of Amphenol by 196.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after purchasing an additional 11,092,282 shares in the last quarter. Northern Trust Corp raised its stake in Amphenol by 14.9% during the 4th quarter. Northern Trust Corp now owns 13,065,802 shares of the electronics maker's stock worth $907,420,000 after buying an additional 1,689,632 shares during the period. Finally, Wellington Management Group LLP grew its holdings in shares of Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after buying an additional 5,154,860 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on APH. The Goldman Sachs Group restated a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Bank of America raised their price objective on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Evercore ISI lifted their price target on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research note on Friday, July 18th. Wall Street Zen lowered shares of Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Finally, JPMorgan Chase & Co. raised their target price on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $105.62.

Insiders Place Their Bets

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the 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 transaction, the vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of the firm's 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 completion of the transaction, the vice president directly owned 76,400 shares in the company, valued at $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 1,211,848 shares of company stock worth $121,874,535 in the last quarter. Insiders own 1.67% of the company's stock.

Amphenol Stock Up 0.3%

Amphenol stock traded up $0.35 during mid-day trading on Wednesday, reaching $110.25. The stock had a trading volume of 4,402,381 shares, compared to its average volume of 8,410,132. The company has a market capitalization of $134.60 billion, a price-to-earnings ratio of 43.92, a PEG ratio of 1.76 and a beta of 1.13. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. Amphenol Corporation has a one year low of $56.45 and a one year high of $112.35. The company has a 50-day moving average price of $103.22 and a two-hundred day moving average price of $84.21.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. During the same period in the previous year, the company earned $0.44 earnings per share. The business's revenue for the quarter was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

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.