Merit Financial Group LLC Has $4.79 Million Holdings in Amphenol Corporation $APH

Merit Financial Group LLC raised its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 31.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,462 shares of the electronics maker's stock after buying an additional 11,641 shares during the quarter. Merit Financial Group LLC's holdings in Amphenol were worth $4,786,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. T. Rowe Price Investment Management Inc. raised its stake in Amphenol by 196.3% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock valued at $1,098,190,000 after purchasing an additional 11,092,282 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Amphenol by 639.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 8,758,951 shares of the electronics maker's stock valued at $574,500,000 after buying an additional 7,573,750 shares during the period. Nuveen LLC purchased a new stake in Amphenol in the 1st quarter worth about $476,842,000. Wellington Management Group LLP boosted its position in Amphenol by 73.5% during the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after acquiring an additional 5,154,860 shares during the period. Finally, Vanguard Group Inc. grew its stake in Amphenol by 1.9% during the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after acquiring an additional 2,870,933 shares in the last quarter. 97.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

APH has been the subject of a number of research analyst reports. Citigroup reissued a "buy" rating and issued a $145.00 price target (up from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research note on Friday, July 11th. JPMorgan Chase & Co. upped their price target on shares of Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. UBS Group reissued a "buy" rating and set a $145.00 price objective (up previously from $120.00) on shares of Amphenol in a research report on Monday. Finally, Wall Street Zen lowered Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $111.92.

Amphenol Trading Up 1.0%

Amphenol stock opened at $123.48 on Tuesday. Amphenol Corporation has a one year low of $56.45 and a one year high of $126.06. The company's fifty day moving average price is $114.25 and its two-hundred day moving average price is $94.92. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. The company has a market capitalization of $150.76 billion, a price-to-earnings ratio of 49.20, a PEG ratio of 1.96 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate 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 quarter in the prior year, the company posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, analysts forecast that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Dividend Announcement

The business also recently declared 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. This represents a $0.66 annualized dividend and a yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is 26.29%.

Insider Activity

In other Amphenol news, CFO Craig A. Lampo sold 199,848 shares of the company's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the completion of the sale, the chief financial officer directly owned 125,695 shares in the company, valued at $13,880,498.85. This represents a 61.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David M. Silverman sold 100,000 shares of Amphenol 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 transaction, the vice president owned 12,500 shares in the company, valued at $1,380,250. The trade was a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by company insiders.

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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