Perpetual Ltd Has $412,000 Position in Amphenol Corporation $APH

Key Points

• Perpetual Ltd has reduced its stake in Amphenol Corporation by 53%, now holding shares worth $412,000 after selling 4,709 shares during the second quarter.
• Institutional investors own 97.01% of Amphenol's stock, with notable increases in holdings from companies like T. Rowe Price and UBS AM, which raised their stakes significantly during the first quarter.
• Amphenol recently reported a strong quarterly performance with an EPS of $0.81, exceeding estimates and reflecting a year-over-year revenue growth of 56.5%.

Perpetual Ltd lowered its holdings in Amphenol Corporation (NYSE:APH - Free Report) by 53.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,169 shares of the electronics maker's stock after selling 4,709 shares during the quarter. Perpetual Ltd's holdings in Amphenol were worth $412,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. lifted its position in shares of Amphenol by 196.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 16,743,239 shares of the electronics maker's stock worth $1,098,190,000 after purchasing an additional 11,092,282 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Amphenol by 639.0% during the first 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. Nuveen LLC acquired a new position in shares of Amphenol during the first quarter valued at $476,842,000. Wellington Management Group LLP lifted its position in Amphenol by 73.5% during 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 purchasing an additional 5,154,860 shares during the period. Finally, Vanguard Group Inc. lifted its position in Amphenol by 1.9% during 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 purchasing an additional 2,870,933 shares during the period. Institutional investors and hedge funds own 97.01% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on APH shares. Evercore ISI increased their price objective on shares of Amphenol from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Friday, July 18th. JPMorgan Chase & Co. increased their target price on Amphenol from $120.00 to $125.00 and gave the company an "overweight" 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. Wall Street Zen downgraded shares of Amphenol from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 10th. Finally, Bank of America increased their price target on shares of Amphenol from $110.00 to $120.00 and gave the company a "neutral" rating in a research report on Tuesday, August 5th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $105.62.

Amphenol Price Performance

NYSE:APH opened at $124.20 on Monday. Amphenol Corporation has a one year low of $56.45 and a one year high of $124.39. The company has a market cap of $151.64 billion, a P/E ratio of 49.48, a P/E/G ratio of 1.99 and a beta of 1.15. The firm's fifty day moving average price is $109.68 and its two-hundred day moving average price is $90.35. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.02 and a quick ratio of 1.46.

Amphenol (NYSE:APH - Get Free Report) last posted its earnings results 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 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 prior year, the business earned $0.44 earnings per share. The firm'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. Equities analysts expect that Amphenol Corporation will post 2.36 earnings per share for the current year.

Amphenol Announces Dividend

The firm also recently announced 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. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's dividend payout ratio is presently 26.29%.

Insider Buying and Selling at Amphenol

In other Amphenol news, VP Lance E. D'amico sold 100,000 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were 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 $8,449,840. This represents a 56.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 199,848 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $110.43, for a total value of $22,069,214.64. Following the sale, the chief financial officer directly owned 125,695 shares in the company, valued at $13,880,498.85. This represents a 61.39% 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 currently owned by company insiders.

Amphenol 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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