McGlone Suttner Wealth Management Inc. Acquires New Position in Amphenol Corporation $APH

Key Points

• McGlone Suttner Wealth Management Inc. has acquired a new position in Amphenol Corporation during Q2, purchasing 3,068 shares valued at around $303,000.
• Insider trading was reported with significant share sales; William J. Doherty sold 113,000 shares for over $12 million, while VP David M. Silverman sold 100,000 shares worth approximately $11 million.
• Amphenol recently announced a quarterly dividend of $0.165 per share, contributing to an annualized yield of 0.5%, with 1.67% of the stock owned by insiders.

McGlone Suttner Wealth Management Inc. acquired a new stake in Amphenol Corporation (NYSE:APH - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,068 shares of the electronics maker's stock, valued at approximately $303,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hughes Financial Services LLC bought a new stake in Amphenol during the 1st quarter worth approximately $25,000. Avalon Trust Co lifted its holdings in 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 period. N.E.W. Advisory Services LLC acquired a new position in Amphenol in the first quarter valued at $28,000. Saudi Central Bank acquired a new position in shares of Amphenol during the 1st quarter valued at $31,000. Finally, Ransom Advisory Ltd acquired a new position in shares of Amphenol during the 1st quarter valued at $33,000. 97.01% of the stock is owned by institutional investors.

Insider Transactions at Amphenol

In related news, insider William J. Doherty sold 113,000 shares of the 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 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 on 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 sale, the vice president owned 12,500 shares in the company, valued at $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 665,924 shares of company stock valued at $73,369,357 over the last quarter. 1.67% of the stock is owned by insiders.

Amphenol Trading Up 1.7%

Amphenol stock opened at $124.20 on Monday. The business has a 50-day simple moving average of $109.68 and a two-hundred day simple moving average of $90.35. The company has a market cap of $151.64 billion, a P/E ratio of 49.48, a P/E/G ratio of 1.99 and a beta of 1.15. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $124.39. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61.

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 (EPS) for the quarter, beating 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 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 previous year, the company posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts predict that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio is currently 26.29%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Truist Financial upped their price objective on shares of Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research note on Friday, July 11th. Citigroup increased their price target on shares of Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Finally, KGI Securities initiated coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. 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 has a consensus rating of "Moderate Buy" and an average price target of $105.62.

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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