Independent Wealth Network Inc. Acquires Shares of 2,695 Amphenol Corporation $APH

Key Points

• Independent Wealth Network Inc. has acquired 2,695 shares of Amphenol Corporation, valued at approximately $266,000, as reported in their latest 13F filing.
• Several institutional investors have increased their stakes in Amphenol, leading to hedge funds owning 97.01% of the company's stock.
• Amphenol recently announced a quarterly dividend of $0.165 per share, with an expected payout date of October 8th, indicating a dividend yield of 0.5%.

Independent Wealth Network Inc. acquired a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,695 shares of the electronics maker's stock, valued at approximately $266,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Signaturefd LLC boosted its position in shares of Amphenol by 14.6% in the 2nd quarter. Signaturefd LLC now owns 40,518 shares of the electronics maker's stock worth $4,001,000 after buying an additional 5,174 shares in the last quarter. ORG Partners LLC increased its position in Amphenol by 12.1% in the 2nd quarter. ORG Partners LLC now owns 8,316 shares of the electronics maker's stock worth $819,000 after buying an additional 900 shares during the period. Ipswich Investment Management Co. Inc. acquired a new stake in Amphenol in the 2nd quarter valued at $217,000. NovaPoint Capital LLC raised its position in shares of Amphenol by 5.7% during the second quarter. NovaPoint Capital LLC now owns 59,623 shares of the electronics maker's stock worth $5,888,000 after acquiring an additional 3,236 shares during the last quarter. Finally, Cove Private Wealth LLC boosted its position in shares of Amphenol by 27.6% during the second quarter. Cove Private Wealth LLC now owns 13,124 shares of the electronics maker's stock worth $1,296,000 after buying an additional 2,840 shares during the period. Hedge funds and other institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on APH shares. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. Citigroup reiterated a "buy" rating and issued a $145.00 price target (up from $125.00) on shares of Amphenol in a report on Wednesday. Robert W. Baird increased their target price on shares of Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research report on Tuesday, August 19th. KGI Securities initiated coverage on shares of Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating on the stock. Finally, JPMorgan Chase & Co. upped their target price on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Amphenol has an average rating of "Moderate Buy" and a consensus price target of $107.15.

Insiders Place Their Bets

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the completion of the transaction, the vice president owned 76,400 shares of the company's stock, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. This represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 665,924 shares of company stock valued at $73,369,357. Company insiders own 1.67% of the company's stock.

Amphenol Trading Up 0.2%

NYSE APH opened at $122.60 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The stock's 50 day moving average price is $111.92 and its two-hundred day moving average price is $92.28. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $126.06. The stock has a market capitalization of $149.68 billion, a price-to-earnings ratio of 48.84, a PEG ratio of 1.96 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last released its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion during the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm's revenue was up 56.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, September 16th. Amphenol's payout ratio is currently 26.29%.

Amphenol Company 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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