Northern Trust Corp Has $839.29 Million Stock Holdings in Amphenol Corporation $APH

Key Points

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Northern Trust Corp trimmed its position in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 12,796,032 shares of the electronics maker's stock after selling 269,770 shares during the quarter. Northern Trust Corp owned approximately 1.06% of Amphenol worth $839,292,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Perigon Wealth Management LLC increased its stake in Amphenol by 29.4% in the first quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock valued at $1,144,000 after purchasing an additional 3,964 shares during the last quarter. Raiffeisen Bank International AG bought a new position in Amphenol during the 4th quarter worth approximately $13,847,000. Cambridge Investment Research Advisors Inc. lifted its holdings in Amphenol by 46.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock worth $4,589,000 after buying an additional 22,293 shares during the last quarter. Transcend Capital Advisors LLC lifted its holdings in shares of Amphenol by 14.4% in the 1st quarter. Transcend Capital Advisors LLC now owns 4,504 shares of the electronics maker's stock worth $295,000 after purchasing an additional 568 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Amphenol by 4.2% in the 1st quarter. Assenagon Asset Management S.A. now owns 61,920 shares of the electronics maker's stock worth $4,061,000 after purchasing an additional 2,514 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently commented on APH. Robert W. Baird raised their target price on Amphenol from $118.00 to $127.00 and gave the company an "outperform" rating in a research report on Tuesday. Bank of America lifted their target price on Amphenol from $110.00 to $120.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a report on Friday, July 11th. Evercore ISI raised their target price on Amphenol from $105.00 to $110.00 and gave the stock an "outperform" rating in a research report on Friday, July 18th. Finally, JPMorgan Chase & Co. lifted their price objective on Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $105.62.

Amphenol Stock Up 0.5%

Shares of NYSE:APH traded up $0.5040 on Friday, reaching $109.3140. The company had a trading volume of 7,552,440 shares, compared to its average volume of 7,896,059. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. The stock has a 50-day moving average price of $102.54 and a 200 day moving average price of $83.55. The stock has a market capitalization of $133.46 billion, a P/E ratio of 43.55, a P/E/G ratio of 1.75 and a beta of 1.13. Amphenol Corporation has a twelve month low of $56.45 and a twelve month high of $112.35.

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, topping analysts' consensus estimates of $0.66 by $0.15. The business had revenue of $5.65 billion for 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%.The firm's revenue for the quarter was up 56.5% on a year-over-year basis. During the same period 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. On average, equities analysts expect that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors 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 yield of 0.6%. The ex-dividend date is Tuesday, September 16th. Amphenol's payout ratio is currently 26.29%.

Insider Activity

In related news, insider Luc Walter sold 286,000 shares of the business's stock in a transaction dated 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 $41,307,159.70. The trade was a 38.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider William J. Doherty sold 160,000 shares of Amphenol stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $89.54, for a total value of $14,326,400.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 912,000 shares of company stock valued at $88,763,320. Corporate 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.