Ironvine Capital Partners LLC Makes New Investment in Amphenol Corporation $APH

Key Points

• Ironvine Capital Partners LLC made a new investment of approximately $7.90 million in Amphenol Corporation, acquiring 120,363 shares which now represent about 0.9% of its total holdings.
• Insider activity saw CFO Craig A. Lampo sell 199,848 shares for approximately $22 million, while VP Lance D'amico sold 100,000 shares valued at over $11 million.
• Amphenol recently reported impressive earnings, surpassing estimates with $0.81 EPS and a revenue of $5.65 billion, which is a 56.5% increase compared to the previous year.

Ironvine Capital Partners LLC bought a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 120,363 shares of the electronics maker's stock, valued at approximately $7,895,000. Amphenol makes up about 0.9% of Ironvine Capital Partners LLC's investment portfolio, making the stock its 25th largest position.

Several other institutional investors also recently made changes to their positions in APH. Hughes Financial Services LLC purchased a new position in shares of Amphenol in the first quarter valued at $25,000. Avalon Trust Co increased its position in shares of Amphenol by 133.3% in the first quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after buying an additional 232 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Amphenol in the first quarter valued at $28,000. Saudi Central Bank purchased a new position in shares of Amphenol in the first quarter valued at $31,000. Finally, SouthState Corp purchased a new position in shares of Amphenol in the first quarter valued at $36,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

APH has been the subject of a number of research analyst reports. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Bank of America increased their price objective on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research note on Tuesday, August 5th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. KGI Securities initiated coverage on Amphenol in a research note on Thursday, June 26th. They set a "hold" rating on the stock. Finally, Evercore ISI increased their price objective on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. Eight investment 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 currently has an average rating of "Moderate Buy" and a consensus target price of $105.62.

Amphenol Trading Up 2.2%

NYSE:APH traded up $2.53 on Wednesday, hitting $119.32. 11,290,005 shares of the stock were exchanged, compared to its average volume of 8,435,269. The stock has a market cap of $145.68 billion, a PE ratio of 47.48, a PEG ratio of 1.77 and a beta of 1.15. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The stock has a fifty day moving average of $106.23 and a 200-day moving average of $87.10. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $120.80.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly 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 company had revenue of $5.65 billion during the quarter, compared to analyst estimates 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 period in the prior 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, equities analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company also recently declared 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 dividend payout ratio is currently 26.29%.

Insider Buying and Selling at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction on Friday, August 8th. The shares were sold at an average price of $108.89, for a total transaction of $12,304,570.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the completion of the sale, the vice president owned 12,500 shares of the company's stock, valued at approximately $1,380,250. This trade represents a 88.89% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 665,924 shares of company stock worth $73,369,357. 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.