Optas LLC Makes New Investment in Amphenol Corporation $APH

Key Points

• Optas LLC has acquired a new stake in Amphenol Corporation, purchasing 3,437 shares valued at approximately $339,000 during the 2nd quarter.
• Several major institutional investors, including Vanguard and T. Rowe Price, have significantly increased their holdings in Amphenol, indicating strong institutional interest with 97.01% of the stock owned by such investors.
• Amphenol reported a net income increase of 56.5% year-over-year in revenue, reaching $5.65 billion for the quarter, and recently declared a quarterly dividend of $0.165.

Optas LLC bought a new stake in Amphenol Corporation (NYSE:APH - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,437 shares of the electronics maker's stock, valued at approximately $339,000.

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Amphenol by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 154,998,780 shares of the electronics maker's stock valued at $10,166,370,000 after acquiring an additional 2,870,933 shares during the period. T. Rowe Price Investment Management Inc. increased its position in shares of Amphenol by 196.3% in the 1st 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 acquiring an additional 11,092,282 shares during the period. Wellington Management Group LLP increased its position in shares of Amphenol by 73.5% in the 1st quarter. Wellington Management Group LLP now owns 12,168,971 shares of the electronics maker's stock valued at $798,163,000 after acquiring an additional 5,154,860 shares during the period. Invesco Ltd. increased its position in shares of Amphenol by 1.6% in the 1st quarter. Invesco Ltd. now owns 9,198,997 shares of the electronics maker's stock valued at $603,362,000 after acquiring an additional 141,069 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Amphenol by 639.0% in the 1st 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 valued at $574,500,000 after acquiring an additional 7,573,750 shares during the period. 97.01% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have weighed in on APH shares. Robert W. Baird increased their price target on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. UBS Group set a $120.00 price target on Amphenol in a research report on Tuesday. Citigroup reaffirmed a "buy" rating and set a $145.00 price target (up from $125.00) on shares of Amphenol in a research report on Wednesday, September 24th. The Goldman Sachs Group set a $139.00 price target on Amphenol and gave the stock a "buy" rating in a research report on Monday, September 29th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Amphenol in a research report on Wednesday. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $113.57.

Amphenol Trading Up 0.4%

APH stock opened at $126.26 on Friday. The company's 50-day simple moving average is $115.43 and its 200-day simple moving average is $95.73. The company has a quick ratio of 1.46, a current ratio of 2.02 and a debt-to-equity ratio of 0.61. Amphenol Corporation has a 52-week low of $56.45 and a 52-week high of $126.49. The firm has a market cap of $154.15 billion, a P/E ratio of 50.30, a PEG ratio of 2.01 and a beta of 1.17.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $5.01 billion. During the same period in the prior year, the company posted $0.44 EPS. The company's revenue for the quarter was up 56.5% on a year-over-year basis. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. As a group, equities analysts forecast that Amphenol Corporation will post 2.36 EPS for the current fiscal year.

Amphenol Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Investors 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 yield of 0.5%. Amphenol's dividend payout ratio (DPR) is currently 26.29%.

Insider Activity at Amphenol

In other Amphenol news, VP David M. Silverman sold 100,000 shares of the firm's stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $110.42, for a total value of $11,042,000.00. Following the transaction, the vice president directly owned 12,500 shares of the company's stock, valued at $1,380,250. This trade represents a 88.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Craig A. Lampo sold 199,848 shares of the firm's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $110.43, for a total transaction of $22,069,214.64. Following the completion of the transaction, the chief financial officer directly owned 125,695 shares in the company, valued at $13,880,498.85. This trade represents a 61.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 665,924 shares of company stock valued at $73,369,357. 1.67% of the stock is owned by corporate insiders.

Amphenol Company 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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