Parallel Advisors LLC Has $2.43 Million Holdings in Amphenol Corporation $APH

Key Points

• Parallel Advisors LLC increased its stake in Amphenol Corporation by 10.4%, bringing its total shares to 24,608 valued at approximately $2.43 million.
• Analysts have raised price targets for Amphenol, with estimates ranging from $110 to $127, and a consensus rating of "Moderate Buy."
• Vice President David M. Silverman sold 100,000 shares at an average price of $110.42, representing a significant decrease in his ownership position.

Parallel Advisors LLC raised its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 10.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 24,608 shares of the electronics maker's stock after buying an additional 2,314 shares during the period. Parallel Advisors LLC's holdings in Amphenol were worth $2,430,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Hughes Financial Services LLC acquired a new stake in shares of Amphenol during the 1st quarter valued at $25,000. Avalon Trust Co lifted its stake in shares of Amphenol by 133.3% in the 1st quarter. Avalon Trust Co now owns 406 shares of the electronics maker's stock valued at $27,000 after purchasing an additional 232 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Amphenol in the 1st quarter valued at $28,000. Saudi Central Bank acquired a new stake in shares of Amphenol in the 1st quarter valued at $31,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Amphenol in the 1st quarter valued at $33,000. Institutional investors and hedge funds own 97.01% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Bank of America lifted their price objective on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research note on Tuesday, August 5th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Amphenol in a research note on Friday, July 11th. Industrial Alliance Securities set a $115.00 target price on shares of Amphenol in a research report on Friday, July 11th. Finally, KGI Securities initiated coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating for the company. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $105.62.

Insider Activity at Amphenol

In related news, VP Lance E. D'amico sold 100,000 shares of the company's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $110.60, for a total value of $11,060,000.00. Following the sale, the vice president owned 76,400 shares of the company's stock, valued at $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP David M. Silverman sold 100,000 shares of the company's stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $110.42, for a total transaction of $11,042,000.00. Following the completion of the sale, the vice president directly owned 12,500 shares in the company, valued at approximately $1,380,250. The trade was a 88.89% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 665,924 shares of company stock worth $73,369,357. 1.67% of the stock is owned by company insiders.

Amphenol Stock Performance

Shares of NYSE:APH traded up $2.13 on Friday, hitting $124.20. 15,836,325 shares of the company were exchanged, compared to its average volume of 8,540,330. The company's 50 day moving average price is $109.17 and its two-hundred day moving average price is $89.55. Amphenol Corporation has a one year low of $56.45 and a one year high of $124.39. 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 firm has a market capitalization of $151.64 billion, a price-to-earnings ratio of 49.48, a PEG ratio of 1.90 and a beta of 1.15.

Amphenol (NYSE:APH - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.01 billion. During the same quarter in the previous year, the firm posted $0.44 EPS. The business'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 expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Tuesday, September 16th will be issued a dividend of $0.165 per share. The ex-dividend date is Tuesday, September 16th. This represents a $0.66 annualized dividend and a dividend yield of 0.5%. Amphenol's payout ratio is presently 26.29%.

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.