Janney Montgomery Scott LLC Sells 33,309 Shares of Amphenol Corporation $APH

Key Points

• Janney Montgomery Scott LLC reduced its stake in Amphenol Corporation by 11.3%, selling 33,309 shares and now owning 262,743 shares worth approximately $25.9 million.
• Insider transactions saw significant sales, with VP David M. Silverman selling 100,000 shares for $11 million, representing an 88.89% decrease in his position.
• Amphenol recently reported earnings of $0.81 per share, exceeding estimates, and declared a quarterly dividend of $0.165, with an annualized yield of 0.5%.

Janney Montgomery Scott LLC cut its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 11.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 262,743 shares of the electronics maker's stock after selling 33,309 shares during the quarter. Janney Montgomery Scott LLC's holdings in Amphenol were worth $25,946,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hughes Financial Services LLC bought a new position in shares of Amphenol during the first quarter valued at $25,000. Opal Wealth Advisors LLC bought a new position in shares of Amphenol during the second quarter valued at $25,000. Avalon Trust Co raised its holdings 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 during the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Amphenol in the first quarter valued at about $28,000. Finally, Saudi Central Bank bought a new position in shares of Amphenol in the first quarter valued at about $31,000. 97.01% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction dated Monday, August 25th. The stock was 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 directly owned 12,500 shares of the company's stock, valued at $1,380,250. This represents a 88.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 value of $12,462,770.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 665,924 shares of company stock valued at $73,369,357. Insiders own 1.67% of the company's stock.

Amphenol Stock Performance

Shares of NYSE:APH opened at $124.75 on Thursday. The stock has a market capitalization of $152.31 billion, a P/E ratio of 49.70, a P/E/G ratio of 1.98 and a beta of 1.17. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $126.06. 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 business has a 50-day moving average price of $113.18 and a two-hundred day moving average price of $93.33.

Amphenol (NYSE:APH - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.15. The firm 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 company's quarterly revenue was up 56.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Equities analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current 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 $0.165 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. Amphenol's dividend payout ratio is 26.29%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Robert W. Baird lifted their price target on Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a report on Tuesday, August 19th. Evercore ISI lifted their price target on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 18th. UBS Group lifted their price target on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, July 24th. The Goldman Sachs Group set a $139.00 price target on Amphenol and gave the company a "buy" rating in a report on Monday. Finally, Bank of America lifted their price target on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, Amphenol currently has a consensus rating of "Moderate Buy" and an average price target of $110.00.

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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