IFP Advisors Inc Acquires 7,347 Shares of Amphenol Corporation $APH

Key Points

• IFP Advisors Inc increased its holdings in Amphenol Corporation by 43.1%, acquiring an additional 7,347 shares, bringing their total to 24,397 shares worth approximately $2.42 million.
• Amphenol's quarterly earnings showed strong performance, with an EPS of $0.81, surpassing estimates, and revenue of $5.65 billion, a year-over-year increase of 56.5%.
• Insider transactions revealed significant sales, including CFO Craig A. Lampo selling nearly 200,000 shares for over $22 million, indicating a potential shift in shareholder sentiment.

IFP Advisors Inc increased its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 43.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 24,397 shares of the electronics maker's stock after purchasing an additional 7,347 shares during the period. IFP Advisors Inc's holdings in Amphenol were worth $2,417,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of APH. Hughes Financial Services LLC bought a new position in Amphenol during the first quarter worth about $25,000. Opal Wealth Advisors LLC bought a new stake in shares of Amphenol during the second quarter worth approximately $25,000. Avalon Trust Co boosted its holdings in shares of Amphenol by 133.3% during the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after acquiring an additional 232 shares during the period. N.E.W. Advisory Services LLC bought a new stake in shares of Amphenol during the first quarter worth approximately $28,000. Finally, Saudi Central Bank bought a new stake in shares of Amphenol during the first quarter worth approximately $31,000. Institutional investors own 97.01% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a report on Wednesday. Robert W. Baird set a $139.00 price objective on shares of Amphenol and gave the company an "outperform" rating in a report on Friday. Truist Financial raised their target price on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Barclays assumed coverage on shares of Amphenol in a research report on Wednesday. They issued an "equal weight" rating and a $120.00 price target for the company. Finally, Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $114.43.

Insider Activity

In other Amphenol news, CFO Craig A. Lampo sold 199,848 shares of the business's stock in a transaction on 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 sale, the chief financial officer owned 125,695 shares of the company's stock, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP David M. Silverman sold 100,000 shares of the business's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock valued at $73,369,357 in the last three months. Company insiders own 1.67% of the company's stock.

Amphenol Stock Down 3.7%

Shares of APH opened at $121.64 on Friday. Amphenol Corporation has a one year low of $56.45 and a one year high of $127.50. The company has a market cap of $148.51 billion, a P/E ratio of 48.46, a P/E/G ratio of 2.03 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The firm has a 50 day simple moving average of $115.78 and a two-hundred day simple moving average of $96.09.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the previous year, the business earned $0.44 earnings per share. The company's 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 EPS for the current fiscal year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, September 16th. Amphenol's payout ratio is currently 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.

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