Park Avenue Securities LLC Has $7.39 Million Stock Holdings in Amphenol Corporation $APH

Key Points

• Park Avenue Securities LLC increased its stake in Amphenol Corporation by 7.3%, owning 74,793 shares, which represent a value of approximately $7.39 million.
• Amphenol's quarterly earnings showed significant growth, with 56.5% year-over-year revenue increase and earnings of $0.81 per share, surpassing analyst expectations.
• The company recently declared a quarterly dividend of $0.165, reflecting an annual yield of 0.5% and a payout ratio of 26.29%.

Park Avenue Securities LLC boosted its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 7.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,793 shares of the electronics maker's stock after acquiring an additional 5,064 shares during the quarter. Park Avenue Securities LLC's holdings in Amphenol were worth $7,386,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in APH. Petredis Investment Advisors LLC boosted its stake in shares of Amphenol by 2.9% in the second quarter. Petredis Investment Advisors LLC now owns 92,688 shares of the electronics maker's stock worth $9,153,000 after acquiring an additional 2,622 shares during the last quarter. Annex Advisory Services LLC acquired a new position in Amphenol during the second quarter worth $247,000. Quantum Financial Advisors LLC purchased a new position in Amphenol during the second quarter worth $231,000. Farther Finance Advisors LLC grew its position in shares of Amphenol by 54.8% in the second quarter. Farther Finance Advisors LLC now owns 21,109 shares of the electronics maker's stock valued at $2,085,000 after purchasing an additional 7,474 shares during the period. Finally, Busey Bank acquired a new position in Amphenol in the second quarter valued at $13,873,000. 97.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on APH. Industrial Alliance Securities set a $115.00 price target on Amphenol in a research note on Friday, July 11th. Wall Street Zen downgraded Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a research report on Friday, July 11th. KGI Securities initiated coverage on shares of Amphenol in a research report on Thursday, June 26th. They set a "hold" rating on the stock. Finally, JPMorgan Chase & Co. upped their price target on shares of Amphenol from $120.00 to $125.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Amphenol presently has an average rating of "Moderate Buy" and an average target price of $105.62.

Insider Activity

In other Amphenol news, CFO Craig A. Lampo sold 40,076 shares of the company's stock in a transaction on Monday, August 25th. The shares were sold at an average price of $110.56, for a total transaction of $4,430,802.56. Following the completion of the transaction, the chief financial officer owned 39,884 shares in the company, valued at approximately $4,409,575.04. This represents a 50.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the 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 transaction, the vice president owned 76,400 shares in the company, valued at approximately $8,449,840. The trade was a 56.69% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 665,924 shares of company stock valued at $73,369,357. Corporate insiders own 1.67% of the company's stock.

Amphenol Price Performance

Amphenol stock traded down $0.14 during mid-day trading on Monday, reaching $123.80. The company had a trading volume of 12,206,040 shares, compared to its average volume of 8,833,182. The business has a fifty day simple moving average of $110.15 and a 200 day simple moving average of $90.78. The company has a market cap of $151.15 billion, a P/E ratio of 49.32, a P/E/G ratio of 1.99 and a beta of 1.15. Amphenol Corporation has a fifty-two week low of $56.45 and a fifty-two week high of $124.39. The company has a current ratio of 2.02, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61.

Amphenol (NYSE:APH - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The electronics maker reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.15. The business had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.01 billion. Amphenol had a net margin of 16.90% and a return on equity of 30.58%. The firm's revenue for the quarter was up 56.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 earnings per share. Amphenol has set its Q3 2025 guidance at 0.770-0.790 EPS. On average, equities research analysts predict that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Dividend Announcement

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

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.