MetLife Investment Management LLC Has $22.56 Million Holdings in Amphenol Corporation $APH

Key Points

• MetLife Investment Management LLC reduced its stake in Amphenol Corporation by 1.4%, now owning 344,000 shares valued at approximately $22.6 million following the sale of 5,032 shares.
• Several hedge funds have shown increased interest in Amphenol, with Hughes Financial Services LLC purchasing a new stake worth about $25,000 and Avalon Trust Co. increasing its stake by 133.3% during the first quarter.
• Amphenol's stock is currently rated as a "Moderate Buy" by analysts, with an average target price of $105.62, and the company recently reported a strong quarterly earnings performance, exceeding EPS estimates by $0.15.

MetLife Investment Management LLC lessened its position in Amphenol Corporation (NYSE:APH - Free Report) by 1.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 344,000 shares of the electronics maker's stock after selling 5,032 shares during the period. MetLife Investment Management LLC's holdings in Amphenol were worth $22,563,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Amphenol by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock worth $10,166,370,000 after acquiring an additional 2,870,933 shares during the last quarter. Bank of America Corp DE grew its stake in Amphenol by 294.0% in the fourth quarter. Bank of America Corp DE now owns 24,953,591 shares of the electronics maker's stock valued at $1,733,027,000 after purchasing an additional 18,619,417 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its stake in Amphenol by 196.3% in the first 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 in the last quarter. Northern Trust Corp grew its stake in Amphenol by 14.9% in the fourth quarter. Northern Trust Corp now owns 13,065,802 shares of the electronics maker's stock valued at $907,420,000 after purchasing an additional 1,689,632 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Amphenol by 73.5% in the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after buying an additional 5,154,860 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Amphenol news, insider William J. Doherty sold 113,000 shares of the stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Craig A. Lampo sold 199,848 shares of the firm's stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.43, for a total value of $22,069,214.64. Following the completion of the transaction, the chief financial officer owned 125,695 shares of the company's stock, valued at $13,880,498.85. The trade was a 61.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 951,924 shares of company stock worth $99,518,337. 1.67% of the stock is currently owned by insiders.

Amphenol Trading Down 2.8%

Amphenol stock traded down $3.09 during mid-day trading on Friday, hitting $108.85. 6,191,039 shares of the company's stock were exchanged, compared to its average volume of 8,366,858. The firm has a market capitalization of $132.90 billion, a P/E ratio of 43.37, a PEG ratio of 1.77 and a beta of 1.13. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $112.35. 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 company's 50 day simple moving average is $103.93 and its 200-day simple moving average is $84.66.

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 the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion for 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% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio is 26.29%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on APH shares. UBS Group boosted their price target on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Wall Street Zen lowered Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Evercore ISI boosted their price target on Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. KGI Securities assumed coverage on Amphenol in a research note on Thursday, June 26th. They issued a "hold" rating on the stock. Finally, Citigroup increased their price target on Amphenol from $115.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat, Amphenol has an average rating of "Moderate Buy" and a consensus target price of $105.62.

About Amphenol

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.