Harfst & Associates Inc. Invests $1.03 Million in Amphenol Corporation $APH

Key Points

• Harfst & Associates Inc. invested approximately $1.03 million to acquire 15,734 shares in Amphenol Corporation, highlighting institutional interest in the electronics maker's stock.
• Several analysts have raised their price targets for Amphenol, with Bank of America increasing its target from $110.00 to $120.00 and maintaining a "neutral" rating for the company.
• Amphenol recently announced a quarterly dividend of $0.165 per share, reflecting a dividend yield of 0.6% and a payout ratio of 26.29%.

Harfst & Associates Inc. acquired a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 15,734 shares of the electronics maker's stock, valued at approximately $1,032,000.

Other institutional investors have also modified their holdings of the company. Perigon Wealth Management LLC increased its holdings 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 acquiring an additional 3,964 shares during the period. Raiffeisen Bank International AG acquired a new position in Amphenol in the 4th quarter valued at $13,847,000. Cambridge Investment Research Advisors Inc. increased its stake in Amphenol by 46.8% in 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 buying an additional 22,293 shares during the period. Transcend Capital Advisors LLC increased its stake in Amphenol by 14.4% in the 1st quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock valued at $295,000 after buying an additional 568 shares during the period. Finally, Assenagon Asset Management S.A. increased its stake in Amphenol by 4.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock valued at $4,061,000 after buying an additional 2,514 shares during the period. Hedge funds and other institutional investors own 97.01% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on APH shares. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research note on Friday, July 11th. Evercore ISI increased their price objective on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. Robert W. Baird increased their price objective on shares of Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. increased their price objective 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. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Trading Down 0.7%

Shares of APH stock traded down $0.7850 during trading hours on Tuesday, hitting $110.2750. 2,363,866 shares of the company were exchanged, compared to its average volume of 8,429,400. The firm has a market cap of $134.64 billion, a PE ratio of 43.95, a PEG ratio of 1.75 and a beta of 1.13. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $112.35. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The firm has a fifty day moving average of $101.26 and a 200 day moving average of $82.65.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 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 for the quarter, compared to analyst estimates of $5.01 billion. During the same quarter last year, the firm posted $0.44 earnings per share. Amphenol'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. Analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

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

Insider Buying and Selling at Amphenol

In other Amphenol news, insider Luc Walter sold 286,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $91.43, for a total transaction of $26,148,980.00. Following the sale, the insider directly owned 451,790 shares in the company, valued at approximately $41,307,159.70. The trade was a 38.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. Insiders have sold 812,000 shares of company stock worth $77,703,320 in the last ninety days. 1.67% of the stock is currently owned by company 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.