Mattern Capital Management LLC Has $6.92 Million Stake in Amphenol Corporation $APH

Key Points

• Mattern Capital Management LLC increased its stake in Amphenol Corporation by 24.5%, bringing its total holdings to 70,079 shares valued at approximately $6.92 million.
• Recent insider transactions include a significant sale of 113,000 shares by insider William J. Doherty, totaling $12.3 million, while VP David M. Silverman sold 100,000 shares for around $11 million.
• Analysts have a consensus rating of "Moderate Buy" for Amphenol, with price targets ranging from $110 to $127, reflecting positive market sentiment about the company's performance.

Mattern Capital Management LLC raised its position in Amphenol Corporation (NYSE:APH - Free Report) by 24.5% during the second quarter, according to its most recent filing with the SEC. The firm owned 70,079 shares of the electronics maker's stock after purchasing an additional 13,812 shares during the period. Mattern Capital Management LLC's holdings in Amphenol were worth $6,920,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hughes Financial Services LLC acquired a new position in shares of Amphenol in the 1st quarter worth approximately $25,000. Opal Wealth Advisors LLC acquired a new position in shares of Amphenol in the 2nd quarter worth approximately $25,000. Avalon Trust Co lifted its position in shares of Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after purchasing an additional 232 shares during the period. N.E.W. Advisory Services LLC acquired a new position in shares of Amphenol in the 1st quarter worth approximately $28,000. Finally, Saudi Central Bank acquired a new position in shares of Amphenol in the 1st quarter worth approximately $31,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the company's 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 filing with the SEC, which is accessible through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 665,924 shares of company stock worth $73,369,357. Corporate insiders own 1.67% of the company's stock.

Analyst Upgrades and Downgrades

APH has been the topic of a number of recent analyst reports. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research report on Friday, July 11th. Robert W. Baird boosted 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. Evercore ISI boosted their target price on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research report on Friday, July 18th. KGI Securities began coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating on the stock. Finally, UBS Group boosted their target price on shares of Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Eight equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $110.00.

Amphenol Stock Performance

APH opened at $123.65 on Friday. 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 company's fifty day moving average price is $113.57 and its two-hundred day moving average price is $93.74. Amphenol Corporation has a 1-year low of $56.45 and a 1-year high of $126.06. The company has a market cap of $150.97 billion, a price-to-earnings ratio of 49.26, a PEG ratio of 2.00 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last released 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. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the prior year, the company posted $0.44 earnings per share. The business's revenue was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Tuesday, September 16th will be issued 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 0.5%. Amphenol's dividend payout ratio is presently 26.29%.

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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