Hager Investment Management Services LLC Acquires New Position in Amphenol Corporation $APH

Key Points

• Hager Investment Management Services LLC has acquired a new stake in Amphenol Corporation, purchasing 7,426 shares valued at approximately $733,000 in the second quarter.
• Amphenol reported a quarterly earnings per share (EPS) of $0.81, exceeding expectations, and indicating a year-over-year revenue increase of 56.5% with a revenue of $5.65 billion.
• Amphenol recently declared a quarterly dividend of $0.165 per share, yielding an annualized dividend of 0.5% with a payout ratio of 26.29%.

Hager Investment Management Services LLC acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,426 shares of the electronics maker's stock, valued at approximately $733,000.

Other institutional investors have also modified their holdings of the company. EWA LLC lifted its position in Amphenol by 2.3% in the 2nd quarter. EWA LLC now owns 5,200 shares of the electronics maker's stock worth $514,000 after buying an additional 115 shares in the last quarter. Mather Group LLC. increased its stake 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 purchasing an additional 118 shares during the last quarter. Independent Advisor Alliance increased its stake 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 purchasing an additional 122 shares during the last quarter. Traveka Wealth LLC increased its stake 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 purchasing an additional 123 shares during the last quarter. Finally, Forum Financial Management LP increased its stake 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 purchasing an additional 126 shares during the last quarter. Institutional investors own 97.01% of the company's stock.

Amphenol Trading Up 1.0%

Shares of APH stock opened at $125.74 on Thursday. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $126.11. The company has a market capitalization of $153.52 billion, a P/E ratio of 50.10, a P/E/G ratio of 1.99 and a beta of 1.17. The firm has a 50-day moving average price of $115.04 and a 200 day moving average price of $95.34. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period last year, the firm posted $0.44 EPS. The firm's quarterly revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Research analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently declared 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. This represents a $0.66 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Analyst Ratings Changes

APH has been the topic of several analyst reports. Truist Financial increased their price target 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. UBS Group set a $120.00 price target on shares of Amphenol in a research note on Tuesday. KGI Securities began coverage on shares of Amphenol in a research note on Thursday, June 26th. They set a "hold" rating on the stock. Weiss Ratings reiterated a "buy (b)" rating on shares of Amphenol in a research note on Wednesday. Finally, JPMorgan Chase & Co. raised their target price on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $113.57.

Insider Activity

In related news, CFO Craig A. Lampo sold 199,848 shares of Amphenol 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 transaction, the chief financial officer directly owned 125,695 shares of the company's stock, valued at $13,880,498.85. This trade represents a 61.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the transaction, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. This represents a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 665,924 shares of company stock valued at $73,369,357. Company insiders own 1.67% of the company's stock.

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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