Ieq Capital LLC Has $13.54 Million Holdings in Amphenol Corporation $APH

Key Points

• Ieq Capital LLC increased its holdings in Amphenol Corporation by 85.7% during the first quarter, now owning 206,425 shares valued at approximately $13.54 million.
• Several analysts have raised their price targets for Amphenol, with Citigroup and JPMorgan Chase setting targets of $125.00 and $125.00, respectively, while eight analysts rated the stock as a Buy.
• Amphenol recently announced a quarterly dividend of $0.165 per share, which is set to be paid on October 8, reflecting a 0.6% dividend yield.

Ieq Capital LLC boosted its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 85.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 206,425 shares of the electronics maker's stock after buying an additional 95,283 shares during the quarter. Ieq Capital LLC's holdings in Amphenol were worth $13,539,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Hughes Financial Services LLC acquired a new stake in shares of Amphenol during the first quarter valued at about $25,000. Avalon Trust Co boosted its stake in shares of Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Amphenol during the first quarter valued at about $28,000. SouthState Corp acquired a new stake in shares of Amphenol during the first quarter valued at about $36,000. Finally, Global X Japan Co. Ltd. acquired a new stake in shares of Amphenol during the first quarter valued at about $44,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Citigroup lifted their price target on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. UBS Group lifted their price target on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. lifted their price target on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Truist Financial raised their price objective on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Finally, Industrial Alliance Securities set a $115.00 price objective on Amphenol in a research report on Friday, July 11th. Eight equities 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 company currently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Price Performance

Shares of APH opened at $110.25 on Thursday. The company has a market capitalization of $134.60 billion, a price-to-earnings ratio of 43.92, a price-to-earnings-growth ratio of 1.76 and a beta of 1.13. The business has a 50-day moving average of $103.56 and a 200-day moving average of $84.39. 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 1 year low of $56.45 and a 1 year high of $112.35.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results 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. The business 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%.The firm's revenue for the quarter was up 56.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities research analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

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 issued a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's payout ratio is presently 26.29%.

Insiders Place Their Bets

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction that occurred on 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 sale, the vice president directly owned 76,400 shares in the company, valued at approximately $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction that occurred 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 disclosure for this sale can be found here. Insiders sold a total of 1,211,924 shares of company stock valued at $122,753,737 in the last 90 days. 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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