Amphenol Corporation $APH Shares Bought by Monetary Management Group Inc.

Key Points

• Monetary Management Group Inc. increased its holdings in Amphenol Corporation by 87.2%, acquiring an additional 6,450 shares, bringing its total to 13,850 shares valued at approximately $908,000.
• Insider transactions included notable sales, with William J. Doherty selling 160,000 shares for about $14.3 million and David M. Silverman selling 100,000 shares for approximately $8.9 million.
• Analysts have set new price targets for Amphenol, with Citigroup and UBS raising their targets to $125.00 and $120.00 respectively, maintaining a "buy" rating on the stock.

Monetary Management Group Inc. raised its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 87.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,850 shares of the electronics maker's stock after buying an additional 6,450 shares during the quarter. Monetary Management Group Inc.'s holdings in Amphenol were worth $908,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of APH. Hughes Financial Services LLC acquired a new stake in Amphenol during the first quarter valued at approximately $25,000. Avalon Trust Co raised its stake in Amphenol by 133.3% during 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 in the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Amphenol during the 1st quarter worth approximately $28,000. SouthState Corp bought a new stake in shares of Amphenol in the 1st quarter worth approximately $36,000. Finally, Global X Japan Co. Ltd. bought a new stake in shares of Amphenol in the 1st quarter worth approximately $44,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Insider Activity at Amphenol

In other news, insider Luc Walter sold 286,000 shares of Amphenol stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $91.43, for a total transaction of $26,148,980.00. Following the transaction, the insider directly owned 451,790 shares in the company, valued at approximately $41,307,159.70. This trade represents a 38.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP David M. Silverman sold 100,000 shares of Amphenol stock in a transaction on Friday, May 30th. The shares were sold at an average price of $89.09, for a total value of $8,909,000.00. Following the transaction, the vice president owned 12,500 shares in the company, valued at approximately $1,113,625. This trade represents a 88.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 912,000 shares of company stock worth $88,763,320 in the last quarter. Company insiders own 1.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Truist Financial raised their price target on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Evercore ISI raised their price target on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. Robert W. Baird raised their price target on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a report on Sunday, August 10th. Finally, KGI Securities assumed coverage on Amphenol in a report on Thursday, June 26th. They issued a "hold" rating on the stock. Eight equities research 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.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Stock Performance

APH traded up $0.5040 during trading hours on Friday, hitting $109.3140. The company's stock had a trading volume of 7,552,440 shares, compared to its average volume of 7,908,515. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $112.35. 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 firm has a market capitalization of $133.46 billion, a PE ratio of 43.55, a PEG ratio of 1.76 and a beta of 1.13. The company has a 50-day simple moving average of $102.54 and a 200 day simple moving average of $83.75.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating the consensus estimate of $0.66 by $0.15. Amphenol had a return on equity of 30.58% and a net margin of 16.90%.The firm had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. During the same period last year, the firm earned $0.44 EPS. The firm's revenue was up 56.5% compared to the same quarter last year. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, sell-side analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

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.