MRA Advisory Group Invests $311,000 in Amphenol Corporation $APH

Key Points

• MRA Advisory Group has invested $311,000 in Amphenol Corporation by purchasing 3,149 shares during the second quarter.
• Wall Street analysts have elevated their price targets for Amphenol, with Bank of America increasing it from $110.00 to $120.00 and forecasting strong growth for the company.
• Amphenol recently announced a quarterly dividend of $0.165 per share, with an annualized dividend yielding 0.6%, to be paid on October 8th.

MRA Advisory Group bought a new position in shares of Amphenol Corporation (NYSE:APH - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,149 shares of the electronics maker's stock, valued at approximately $311,000.

A number of other institutional investors and hedge funds also recently modified their holdings of APH. Hughes Financial Services LLC acquired a new stake in shares of Amphenol during the first quarter worth $25,000. Avalon Trust Co grew its holdings in shares of 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 purchased a new position in shares of Amphenol during the first quarter valued at $28,000. Saudi Central Bank purchased a new position in shares of Amphenol during the first quarter valued at $31,000. Finally, Ransom Advisory Ltd purchased a new position in shares of Amphenol during the first quarter valued at $33,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on APH. Bank of America lifted their price target on Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. UBS Group lifted their price target on Amphenol from $115.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, July 24th. Robert W. Baird lifted their price target on Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a report on Tuesday, August 19th. Industrial Alliance Securities set a $115.00 price target on Amphenol in a report on Friday, July 11th. Finally, JPMorgan Chase & Co. lifted their price target on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $105.62.

Insider Buying and Selling

In other news, VP Lance E. D'amico sold 100,000 shares of the company's 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 owned 76,400 shares in the company, valued at approximately $8,449,840. This represents a 56.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider William J. Doherty sold 113,000 shares of the company's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $110.29, for a total value of $12,462,770.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 665,924 shares of company stock worth $73,369,357. Insiders own 1.67% of the company's stock.

Amphenol Stock Performance

Shares of NYSE APH opened at $118.71 on Monday. The business's 50-day moving average price is $107.44 and its two-hundred day moving average price is $88.36. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46. Amphenol Corporation has a one year low of $56.45 and a one year high of $120.80. The company has a market capitalization of $144.94 billion, a P/E ratio of 47.30, a price-to-earnings-growth ratio of 1.90 and a beta of 1.15.

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. The firm 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 business's quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. Analysts anticipate that Amphenol Corporation will post 2.36 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio is 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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