New York State Teachers Retirement System Grows Position in Amphenol Corporation $APH

Key Points

• The New York State Teachers Retirement System has increased its stake in Amphenol Corporation by 1.5%, owning 896,380 shares valued at approximately $88.5 million at the end of the most recent quarter.
• Wall Street analysts show a generally positive outlook for Amphenol, with a consensus rating of "Moderate Buy" and an average target price of $116.57.
• Amphenol recently reported a 56.5% revenue increase year-over-year for the last quarter, with earnings per share of $0.81, exceeding estimates.

New York State Teachers Retirement System grew its stake in Amphenol Corporation (NYSE:APH - Free Report) by 1.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 896,380 shares of the electronics maker's stock after purchasing an additional 12,884 shares during the period. New York State Teachers Retirement System owned about 0.07% of Amphenol worth $88,518,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new stake in Amphenol in the 2nd quarter worth approximately $25,000. Hilltop National Bank acquired a new position in shares of Amphenol during the 2nd quarter worth approximately $35,000. Hughes Financial Services LLC acquired a new position in shares of Amphenol during the 1st quarter worth approximately $25,000. Avalon Trust Co raised its stake in shares of Amphenol by 133.3% during the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock worth $27,000 after buying an additional 232 shares during the period. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Amphenol during the 1st quarter worth approximately $28,000. Hedge funds and other institutional investors own 97.01% of the company's stock.

Wall Street Analysts Forecast Growth

APH has been the subject of several research analyst reports. Robert W. Baird set a $139.00 target price on Amphenol and gave the stock an "outperform" rating in a research note on Friday, October 10th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 10th. Truist Financial upped their target price on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research note on Friday, July 11th. Finally, Evercore ISI increased their price objective on Amphenol from $120.00 to $150.00 and gave the company an "outperform" rating in a research note on Tuesday, October 7th. Ten analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $116.57.

Amphenol Stock Up 2.6%

NYSE APH opened at $125.81 on Thursday. The business has a fifty day moving average price of $116.71 and a 200 day moving average price of $97.26. Amphenol Corporation has a one year low of $56.45 and a one year high of $127.50. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 2.02. The company has a market cap of $153.60 billion, a P/E ratio of 50.12, a P/E/G ratio of 1.97 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $5.01 billion. During the same period in the prior year, the company 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. Research analysts anticipate that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

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

Insider Buying and Selling

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $110.60, for a total value 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 $8,449,840. This trade represents a 56.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the firm's stock in a transaction on Monday, August 25th. The stock was sold at an average price of $110.56, for a total value of $4,430,802.56. Following the completion of the sale, the chief financial officer directly owned 39,884 shares of the company's stock, valued at $4,409,575.04. This trade represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 665,924 shares of company stock valued at $73,369,357 over the last 90 days. Insiders own 1.67% of the company's stock.

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.

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