Kanawha Capital Management LLC Increases Position in Amphenol Corporation $APH

Key Points

• Kanawha Capital Management LLC increased its holdings in Amphenol Corporation by 2.0% during the second quarter, resulting in ownership of 170,445 shares valued at approximately $16.83 million.
• Amphenol's most recent earnings report showed an EPS of $0.81, surpassing analysts' expectations of $0.66, alongside revenue of $5.65 billion for the quarter.
• The company declared a quarterly dividend of $0.165, representing an annualized yield of 0.5%, with a payout ratio of 26.29%.

Kanawha Capital Management LLC raised its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 170,445 shares of the electronics maker's stock after buying an additional 3,278 shares during the period. Amphenol comprises approximately 1.2% of Kanawha Capital Management LLC's investment portfolio, making the stock its 25th biggest position. Kanawha Capital Management LLC's holdings in Amphenol were worth $16,831,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Opal Wealth Advisors LLC purchased a new position in shares of Amphenol during the second quarter valued at approximately $25,000. Hilltop National Bank purchased a new position in shares of Amphenol during the second quarter valued at approximately $35,000. Hughes Financial Services LLC purchased a new position in shares of Amphenol during the first quarter valued at approximately $25,000. Avalon Trust Co boosted its position 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 buying an additional 232 shares during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Amphenol during the first quarter valued at approximately $28,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Amphenol Stock Performance

Shares of NYSE:APH opened at $125.73 on Friday. The company has a market capitalization of $153.51 billion, a price-to-earnings ratio of 50.09, a price-to-earnings-growth ratio of 1.66 and a beta of 1.17. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $128.12. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The firm has a 50 day moving average of $117.40 and a 200 day moving average of $98.10.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.15. The company had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. Amphenol's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, sell-side analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th were issued a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 16th. Amphenol's payout ratio is currently 26.29%.

Insider Activity

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of Amphenol stock in a transaction 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 transaction, the vice president directly owned 76,400 shares of the company's stock, valued at approximately $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William J. Doherty sold 113,000 shares of Amphenol stock in a transaction on Friday, August 8th. The stock was sold at an average price of $108.89, for a total transaction of $12,304,570.00. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock valued at $73,369,357 over the last three months. Company insiders own 1.67% of the company's stock.

Analysts Set New Price Targets

Several brokerages have issued reports on APH. Weiss Ratings restated a "buy (b)" rating on shares of Amphenol in a research report on Wednesday, October 8th. KGI Securities initiated coverage on shares of Amphenol in a research note on Thursday, June 26th. They set a "hold" rating for the company. Citigroup reaffirmed a "buy" rating and set a $145.00 price target (up previously from $125.00) on shares of Amphenol in a research note on Wednesday, September 24th. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research note on Friday, July 11th. Finally, Bank of America raised shares of Amphenol from a "neutral" rating to a "buy" rating and lifted their price target for the company from $120.00 to $150.00 in a research note on Wednesday. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, Amphenol presently has an average rating of "Moderate Buy" and a consensus price target of $118.00.

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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