GSB Wealth Management LLC Sells 2,450 Shares of Amphenol Corporation $APH

Key Points

• GSB Wealth Management LLC reduced its stake in Amphenol Corporation by 11.5%, selling 2,450 shares and now holding 18,832 shares valued at approximately $1.86 million.
• Amphenol reported a strong quarterly earnings performance, with an EPS of $0.81, exceeding analysts' expectations, and a revenue increase of 56.5% year-over-year, totaling $5.65 billion.
• The firm declared a quarterly dividend of $0.165 per share, reflecting an annualized dividend of $0.66 and a yield of 0.5%, with a dividend payout ratio of 26.29%.

GSB Wealth Management LLC lessened its stake in Amphenol Corporation (NYSE:APH - Free Report) by 11.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,832 shares of the electronics maker's stock after selling 2,450 shares during the period. GSB Wealth Management LLC's holdings in Amphenol were worth $1,860,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Perigon Wealth Management LLC grew its position in shares of Amphenol by 29.4% in the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after buying an additional 3,964 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Amphenol by 46.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock valued at $4,589,000 after purchasing an additional 22,293 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Amphenol by 25.5% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker's stock valued at $2,736,000 after purchasing an additional 5,630 shares in the last quarter. City Center Advisors LLC bought a new stake in shares of Amphenol during the 2nd quarter valued at about $482,000. Finally, Parallel Advisors LLC boosted its position in shares of Amphenol by 10.4% during the 2nd quarter. Parallel Advisors LLC now owns 24,608 shares of the electronics maker's stock valued at $2,430,000 after purchasing an additional 2,314 shares in the last quarter. Institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of APH opened at $123.80 on Tuesday. 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 company has a market capitalization of $151.15 billion, a price-to-earnings ratio of 49.32, a PEG ratio of 1.99 and a beta of 1.15. The stock has a 50 day moving average of $110.15 and a 200 day moving average of $90.78. Amphenol Corporation has a 12 month low of $56.45 and a 12 month high of $124.39.

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 company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.Amphenol's revenue was up 56.5% on a year-over-year basis. During the same period last year, the business posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, sell-side analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors 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 (DPR) is presently 26.29%.

Insiders Place Their Bets

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction 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 completion of the sale, the vice president directly owned 12,500 shares of the company's stock, valued at $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on APH shares. Wall Street Zen lowered Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. UBS Group upped their target price on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Citigroup upped their target price on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Bank of America upped their target price on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Finally, Industrial Alliance Securities set a $115.00 price target on Amphenol in a report on Friday, July 11th. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $105.62.

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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