Petredis Investment Advisors LLC Raises Position in Amphenol Corporation $APH

Key Points

• Petredis Investment Advisors LLC increased its stake in Amphenol Corporation by 2.9%, owning a total of 92,688 shares valued at $9,153,000.
• Amphenol reported $5.65 billion in revenue for the last quarter, significantly surpassing analysts' expectations of $5.01 billion, and an EPS of $0.81 beating estimates by $0.15.
• The company announced a quarterly dividend of $0.165 per share, with a total annualized dividend of $0.66 and a yield of 0.5%.

Petredis Investment Advisors LLC lifted its stake in shares of Amphenol Corporation (NYSE:APH - Free Report) by 2.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 92,688 shares of the electronics maker's stock after purchasing an additional 2,622 shares during the quarter. Petredis Investment Advisors LLC's holdings in Amphenol were worth $9,153,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Perigon Wealth Management LLC boosted its holdings in shares of Amphenol by 29.4% in the 1st quarter. Perigon Wealth Management LLC now owns 17,438 shares of the electronics maker's stock worth $1,144,000 after purchasing an additional 3,964 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Amphenol by 46.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 69,958 shares of the electronics maker's stock worth $4,589,000 after purchasing an additional 22,293 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Amphenol by 25.5% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 27,711 shares of the electronics maker's stock worth $2,736,000 after purchasing an additional 5,630 shares in the last quarter. City Center Advisors LLC purchased a new position in shares of Amphenol in the 2nd quarter worth about $482,000. Finally, Transcend Capital Advisors LLC boosted 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 in the last quarter. 97.01% of the stock is currently owned by institutional investors.

Amphenol Stock Performance

Shares of APH stock traded up $2.13 on Friday, reaching $124.20. The stock had a trading volume of 15,836,325 shares, compared to its average volume of 8,833,182. The stock has a market cap of $151.64 billion, a P/E ratio of 49.48, a price-to-earnings-growth ratio of 1.99 and a beta of 1.15. 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 company has a 50 day simple moving average of $109.68 and a 200 day simple moving average of $90.35. Amphenol Corporation has a 1 year low of $56.45 and a 1 year high of $124.39.

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

Amphenol Dividend Announcement

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 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Tuesday, September 16th. Amphenol's payout ratio is 26.29%.

Insiders Place Their Bets

In related news, CFO Craig A. Lampo sold 199,848 shares of the business'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 value of $22,069,214.64. Following the completion of the sale, the chief financial officer owned 125,695 shares in the company, valued at approximately $13,880,498.85. The trade was a 61.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lance E. D'amico sold 100,000 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the vice president directly owned 76,400 shares of the company's stock, valued at $8,449,840. This trade represents a 56.69% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 665,924 shares of company stock worth $73,369,357 over the last three months. 1.67% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on APH shares. The Goldman Sachs Group reiterated a "buy" rating on shares of Amphenol in a report on Friday, July 11th. JPMorgan Chase & Co. increased their price objective on Amphenol from $120.00 to $125.00 and gave the stock an "overweight" rating in a report on Thursday, July 24th. Truist Financial increased their price objective on Amphenol from $102.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, July 24th. Industrial Alliance Securities set a $115.00 target price on Amphenol in a research report on Friday, July 11th. Finally, Robert W. Baird increased their target price on Amphenol from $118.00 to $127.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $105.62.

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.