Marino Stram & Associates LLC Acquires Shares of 2,534 Amphenol Corporation $APH

Key Points

• Marino Stram & Associates LLC acquired 2,534 shares of Amphenol Corporation, valued at approximately $250,000, during the second quarter.
• Insider sales were significant, with VP Lance E. D'amico selling 100,000 shares for over $11 million, marking a 56.69% decrease in his position.
• Amphenol's stock price has shown strong performance, recently opening at $123.78, with earnings exceeding analyst expectations and a quarterly revenue growth of 56.5% year-over-year.

Marino Stram & Associates LLC acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 2,534 shares of the electronics maker's stock, valued at approximately $250,000.

A number of other hedge funds also recently made changes to their positions in the company. Mather Group LLC. increased its stake in Amphenol by 0.5% in the second quarter. Mather Group LLC. now owns 22,896 shares of the electronics maker's stock worth $2,261,000 after purchasing an additional 118 shares during the period. Independent Advisor Alliance grew its holdings in shares of Amphenol by 1.7% in the first quarter. Independent Advisor Alliance now owns 7,180 shares of the electronics maker's stock worth $471,000 after purchasing an additional 122 shares during the last quarter. Traveka Wealth LLC grew its holdings in shares of Amphenol by 3.9% in the second quarter. Traveka Wealth LLC now owns 3,277 shares of the electronics maker's stock worth $324,000 after purchasing an additional 123 shares during the last quarter. Forum Financial Management LP grew its holdings in shares of Amphenol by 1.9% in the first quarter. Forum Financial Management LP now owns 6,681 shares of the electronics maker's stock worth $438,000 after purchasing an additional 126 shares during the last quarter. Finally, Ironwood Investment Counsel LLC boosted its position in Amphenol by 2.9% in the 1st quarter. Ironwood Investment Counsel LLC now owns 4,676 shares of the electronics maker's stock valued at $307,000 after buying an additional 132 shares during the period. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Lance E. D'amico sold 100,000 shares of Amphenol 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 transaction, the vice president owned 76,400 shares of the company's stock, valued at $8,449,840. The trade was a 56.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction that occurred 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 disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock worth $73,369,357 in the last quarter. 1.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen cut shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Industrial Alliance Securities set a $115.00 price target on Amphenol in a report on Friday, July 11th. KGI Securities began coverage on Amphenol in a report on Thursday, June 26th. They set a "hold" rating on the stock. Bank of America raised their price objective on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Finally, Citigroup reissued a "buy" rating and set a $145.00 price target (up previously from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $110.00.

Amphenol Stock Up 2.3%

Shares of NYSE APH opened at $123.78 on Wednesday. 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 market capitalization of $151.13 billion, a PE ratio of 49.31, a price-to-earnings-growth ratio of 1.94 and a beta of 1.15. The stock's fifty day simple moving average is $112.70 and its two-hundred day simple moving average is $93.11. Amphenol Corporation has a 12-month low of $56.45 and a 12-month high of $126.06.

Amphenol (NYSE:APH - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates 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 firm's quarterly revenue was up 56.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be given 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 payout ratio is presently 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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