MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $11.09 Million Stake in Amphenol Corporation $APH

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Amphenol Corporation by 3.2%, acquiring an additional 5,218 shares, bringing its total holdings to 168,983 shares valued at approximately $11.08 million.
• Analysts have raised their price targets for Amphenol, with Citigroup increasing its target from $115 to $125 and UBS Group raising it from $115 to $120, reflecting a consensus rating of "Moderate Buy".
• Amphenol recently announced a quarterly dividend of $0.165 per share, with an annualized yield of 0.6%, set to be paid on October 8th.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Amphenol Corporation (NYSE:APH - Free Report) by 3.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 168,983 shares of the electronics maker's stock after purchasing an additional 5,218 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Amphenol were worth $11,085,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hughes Financial Services LLC bought a new stake in Amphenol during the first quarter worth $25,000. Avalon Trust Co lifted its stake in Amphenol by 133.3% during the first 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 last quarter. N.E.W. Advisory Services LLC bought a new stake in Amphenol during the first quarter worth $28,000. Saudi Central Bank bought a new stake in Amphenol during the first quarter worth $31,000. Finally, SouthState Corp bought a new stake in Amphenol during the first quarter worth $36,000. 97.01% of the stock is currently owned by institutional investors.

Amphenol Trading Down 0.6%

NYSE:APH traded down $0.76 during trading hours on Friday, hitting $118.71. 6,358,068 shares of the company were exchanged, compared to its average volume of 8,041,405. The stock has a market capitalization of $144.94 billion, a price-to-earnings ratio of 47.30, a price-to-earnings-growth ratio of 1.91 and a beta of 1.15. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a one year low of $56.45 and a one year high of $120.80. The company has a fifty day simple moving average of $107.06 and a 200 day simple moving average of $87.68.

Amphenol (NYSE:APH - Get Free Report) last announced its 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 business had revenue of $5.65 billion during the quarter, compared to analyst estimates of $5.01 billion. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.Amphenol's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period last year, the company earned $0.44 EPS. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Sell-side analysts expect that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The firm 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 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

Analyst Ratings Changes

Several research firms have weighed in on APH. UBS Group upped their target price on Amphenol from $115.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Wall Street Zen cut Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. JPMorgan Chase & Co. increased their price target on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Finally, Citigroup increased their price target on Amphenol from $115.00 to $125.00 and gave the company a "buy" rating in a research note 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. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Insiders Place Their Bets

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $110.60, for a total transaction of $11,060,000.00. Following the completion of the sale, the vice president directly owned 76,400 shares in the company, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP David M. Silverman sold 100,000 shares of the 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 sale, the vice president owned 12,500 shares of the company's stock, valued at approximately $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 90 days, insiders have sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is currently owned by insiders.

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.