Moran Wealth Management LLC Acquires New Position in Amphenol Corporation $APH

Key Points

• Moran Wealth Management LLC has acquired a new stake in Amphenol Corporation, purchasing 106,216 shares valued at approximately $10.49 million, as reported in their recent SEC filing.
• Several institutional investors have increased their holdings in Amphenol, with T. Rowe Price boosting their stake by 196.3% and UBS AM a Distinct Business Unit increasing theirs by 639.0% in the first quarter.
• Amphenol recently declared a $0.165 quarterly dividend per share, with an annualized yield of 0.5%, reflecting its ongoing commitment to shareholder returns.

Moran Wealth Management LLC acquired a new stake in shares of Amphenol Corporation (NYSE:APH - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 106,216 shares of the electronics maker's stock, valued at approximately $10,489,000.

Several other institutional investors and hedge funds have also modified their holdings of APH. T. Rowe Price Investment Management Inc. lifted its stake in shares of Amphenol by 196.3% during 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 buying an additional 11,092,282 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased 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 worth $574,500,000 after purchasing an additional 7,573,750 shares during the last quarter. Nuveen LLC acquired a new position in Amphenol during the first quarter worth approximately $476,842,000. Wellington Management Group LLP increased its position in Amphenol by 73.5% during the first quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock worth $798,163,000 after purchasing an additional 5,154,860 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Amphenol by 1.9% during the first quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock worth $10,166,370,000 after purchasing an additional 2,870,933 shares during the last quarter. Hedge funds and other institutional investors own 97.01% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on APH. Barclays began coverage on shares of Amphenol in a research report on Wednesday, October 8th. They set an "equal weight" rating and a $120.00 price target for the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a research report on Wednesday, October 8th. Industrial Alliance Securities set a $115.00 price target on shares of Amphenol in a research report on Friday, July 11th. Evercore ISI upped their price target on shares of Amphenol from $120.00 to $150.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 7th. Finally, Citigroup reaffirmed a "buy" rating and set a $145.00 price target (up previously from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.43.

Insider Activity

In related news, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction on Monday, August 18th. The shares were 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 of the company's stock, valued at approximately $8,449,840. This trade represents a 56.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider William J. Doherty sold 113,000 shares of the firm's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $110.29, for a total transaction of $12,462,770.00. The disclosure for this sale can be found here. Insiders sold a total of 665,924 shares of company stock valued at $73,369,357 in the last 90 days. Company insiders own 1.67% of the company's stock.

Amphenol Stock Performance

Shares of APH stock opened at $123.86 on Tuesday. The company's fifty day simple moving average is $116.08 and its 200-day simple moving average is $96.89. Amphenol Corporation has a 52 week low of $56.45 and a 52 week high of $127.50. 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 company has a market cap of $151.23 billion, a PE ratio of 49.35, a P/E/G ratio of 1.95 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.66 by $0.15. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The business had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter last year, the firm posted $0.44 EPS. The business's revenue for the quarter 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, equities research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors of record on Tuesday, September 16th were issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 16th. Amphenol's dividend payout ratio (DPR) is presently 26.29%.

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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